Proceedings of the Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support

MILP for selecting portfolio of R&D projects in public organizations with partial and full resource allocation policies

Authors
Nancy Maribel Arratia Martínez, Fernando López Irarragorri
Corresponding Author
Nancy Maribel Arratia Martínez
Available Online October 2013.
DOI
https://doi.org/10.2991/.2013.29How to use a DOI?
Keywords
Project portfolio selection, R&D projects, mixed integer linear programming
Abstract
In general, the problem of R&D project portfolio selec-tion (RDPPS) is to choose a set of project proposals that optimize certain impact measures designated by the deci-sion maker. In this paper we present a MILP model, that incorporates the most relevant aspects of the problem found in the literature, that supports both full (all or nothing) and partial (a certain amount between a minimum and a maximum value) resource allocation policies to projects. In most of the reviewed papers about RDPPS full allocation resources policies are implemented, a few implement partiall allocation policies, but most of them presents very simple models.
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Proceedings
Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support
Part of series
Advances in Intelligent Systems Research
Publication Date
October 2013
ISBN
978-90-78677-86-4
ISSN
1951-6851
DOI
https://doi.org/10.2991/.2013.29How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Nancy Maribel Arratia Martínez
AU  - Fernando López Irarragorri
PY  - 2013/10
DA  - 2013/10
TI  - MILP for selecting portfolio of R&D projects in public organizations with partial and full resource allocation policies
BT  - Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support
PB  - Atlantis Press
SP  - 241
EP  - 246
SN  - 1951-6851
UR  - https://doi.org/10.2991/.2013.29
DO  - https://doi.org/10.2991/.2013.29
ID  - ArratiaMartínez2013/10
ER  -