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In the project portfolio management, the project selection phase presents the greatest interest. In this article, we focus on this important phase by proposing a new method of projects selection consisting of several steps. We propose as a…

Software Engineering · Computer Science 2015-03-19 Khadija BENAIJA , Laila KJIRI

We present a multi-objective portfolio decision model that involves selecting both a portfolio of projects and a set of elements to allocate to each project. Our model includes a defined set of objectives to optimize, with projects…

Combinatorics · Mathematics 2025-03-05 Maria Barbati , Salvatore Greco , José Rui Figueira

Multi-criteria recommender systems can improve the quality of recommendations by considering user preferences on multiple criteria. One promising approach proposed recently is multi-criteria ranking, which uses Pareto ranking to assign a…

Information Retrieval · Computer Science 2023-06-21 Yong Zheng , David Xuejun Wang

Despite the availability of qualified research personnel, up-to-date research facilities and experience in developing applied research and innovation, many worldwide research institutions face difficulties when managing contracted Research…

Artificial Intelligence · Computer Science 2019-12-12 Renata Pelissari , Alvaro José Abackerli , Sarah Ben Amor , Maria Célia Oliveira , Kleber Manoel Infante

This paper presents a simulation approach to enhance the performance of heuristics for multi-project scheduling. Unlike other heuristics available in the literature that use only one priority criterion for resource allocation, this paper…

Portfolio Management · Quantitative Finance 2024-06-05 Pablo Alvarez-Campana , Felix Villafanez , Fernando Acebes , David Poza

We propose a new method for analyzing a set of parameters in a multiple criteria ranking method. Unlike the existing techniques, we do not use any optimization technique, instead incorporating and extending a Segmenting Description…

Artificial Intelligence · Computer Science 2019-03-06 Milosz Kadzinski , Jan Badura , Jose Rui Figueira

In the portfolio multiobjective optimization framework, we propose to compare and choose, among all feasible asset portfolios of a given market, the one that maximizes the product of the distances between its values of risk and gain and…

Optimization and Control · Mathematics 2018-01-16 Francesco Cesarone , Lorenzo Lampariello , Simone Sagratella

The paper shows how Multiple Criteria Decision Aiding (MCDA) tools can support the analyses of six hypotheses of adaptive reuse of an iconic historical building in Turin, Italy (called Stock Exchange) to identify the preferred alternative.…

Computers and Society · Computer Science 2020-01-08 Francesca Abastante , Salvatore Corrente , Salvatore Greco , Isabella Lami , Beatrice Mecca

Given a set of assets and an investment capital, the classical portfolio selection problem consists in determining the amount of capital to be invested in each asset in order to build the most profitable portfolio. The portfolio…

Portfolio Management · Quantitative Finance 2019-07-17 Justo Puerto , Moises Rodríguez-Madrena , Andrea Scozzari

How to allocate limited resources to projects that will yield the greatest long-term benefits is a problem that often arises in decision-making under uncertainty. For example, organizations may need to evaluate and select innovation…

Portfolio Management · Quantitative Finance 2026-05-12 Yurun Ge , Lucas Böttcher , Tom Chou , Maria R. D'Orsogna

Multi-Criteria Decision Analysis (MCDA) methods are widely used in various fields and disciplines. While most of the research has been focused on the development and improvement of new MCDA methods, relatively limited attention has been…

Artificial Intelligence · Computer Science 2018-10-29 Jarosław Wątróbski , Jarosław Jankowski , Paweł Ziemba , Artur Karczmarczyk , Magdalena Zioło

Software requirements prioritization plays a crucial role in software development. It can be viewed as the process of ordering requirements by determining which requirements must be done first and which can be done later. Powerful…

Software Engineering · Computer Science 2024-02-21 Esraa Alhenawi , Shatha Awawdeh , Ruba Abu Khurma , Maribel García-Arenas , Pedro A. Castillo , Amjad Hudaib

During the last few years, there has been an interest in comparing simple or heuristic procedures for portfolio selection, such as the naive, equal weights, portfolio choice, against more "sophisticated" portfolio choices, and in explaining…

Portfolio Management · Quantitative Finance 2022-06-07 Henryk Gzyl , Alfredo Rios

Optimal selection of interdependent IT Projects for implementation in multi periods has been challenging in the framework of real option valuation. This paper presents a mathematical optimization model for multi-stage portfolio of IT…

Computational Engineering, Finance, and Science · Computer Science 2010-06-15 Shashank Pushkar , Abhijit Mustafi , Akhileshwar Mishra

Budgetary constraints force organizations to pursue only a subset of possible innovation projects. Identifying which subset is most promising is an error-prone exercise, and involving multiple decision makers may be prudent. This raises the…

Theoretical Economics · Economics 2025-10-21 Lucas Böttcher , Ronald Klingebiel

The selection process of proposals is a crucial component of scientific progress and innovations. Limited resources must be allocated in the most effective way to maximise advancements and the production of new knowledge, especially as it…

Physics and Society · Physics 2015-04-22 Antonio Navarra

In light of Phillips' contention regarding the impracticality of Search Neutrality, asserting that non-epistemic factors presently dictate result prioritization, our objective in this study is to confront this constraint by questioning…

Information Retrieval · Computer Science 2025-01-03 Shiran Dudy

In multi-objective decision planning and learning, much attention is paid to producing optimal solution sets that contain an optimal policy for every possible user preference profile. We argue that the step that follows, i.e, determining…

Machine Learning · Computer Science 2018-02-22 Luisa M Zintgraf , Diederik M Roijers , Sjoerd Linders , Catholijn M Jonker , Ann Nowé

In this paper we propose a new multiple criteria decision aiding method to deal with sorting problems in which alternatives are evaluated on criteria structured in a hierarchical way and presenting interactions. The underlying preference…

Optimization and Control · Mathematics 2020-03-11 Sally Giuseppe Arcidiacono , Salvatore Corrente , Salvatore Greco

Stochastic algorithms are among the best for solving computationally hard search and reasoning problems. The runtime of such procedures is characterized by a random variable. Different algorithms give rise to different probability…

Artificial Intelligence · Computer Science 2013-02-08 Carla P. Gomes , Bart Selman
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