An Integrated Multi-Objective Model for Project Portfolio Selection and Risk Response Actions Planning

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MOKHTARI GHASEM; Hasanzadeh Younes

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Industrial Management Perspective Year:2019 | Volume:8 | Issue:32 Page(s): 9-32

Download Full-Text

Persian Verion

View:

973

Download:

Cites:

Information Journal Paper

Title

An Integrated Multi-Objective Model for Project Portfolio Selection and Risk Response Actions Planning

Author(s)

MOKHTARI GHASEM | Hasanzadeh Younes | Issue Writer Certificate

Keywords

Keywords:Q1

Project Portfolio SelectionQ1

Risk Response StrategyQ2

Multi-Objective ProgrammingQ1

Non-Dominated Sorting Genetic Algorithm (NSGA-II)Q1

Project Portfolio ManagementQ1

Abstract

Project Portfolio Selection and risk response selection are two issues that have been considered disjointedly by the researchers. In this study, an integrated mathematical model is presented for the above-mentioned problems. A situation is noticed in which, in the stage of selecting the project portfolio, some of the proposed projects are facing risks, and some actions can be planned to mitigate these risks. With regard to the fact that implementing these responses requires resources and changes the risk of the portfolio, it is essential to consider the selection of responses at the stage of portfolio selection. A bi-objective mathematical model is proposed, whose first objective is to maximize the profit earned from selected projects, and its second objective is to minimize portfolio risk. Profit variance is considered as a measure of portfolio risk. A numerical example, illustrates the model application and the difference between the integrated and non-integrative approaches. Non-dominated Sorting Genetic Algorithm (NSGA-II) is applied to solve the model.

Cites

No record.

References

No record.

Cite

APA: Copy

MOKHTARI, GHASEM, & Hasanzadeh, Younes. (2019). An Integrated Multi-Objective Model for Project Portfolio Selection and Risk Response Actions Planning. JOURNAL OF INDUSTRIAL MANAGEMENT PERSPECTIVE (JIMP), 8(32 ), 9-32. SID. https://sid.ir/paper/240971/en

Vancouver: Copy

MOKHTARI GHASEM, Hasanzadeh Younes. An Integrated Multi-Objective Model for Project Portfolio Selection and Risk Response Actions Planning. JOURNAL OF INDUSTRIAL MANAGEMENT PERSPECTIVE (JIMP)[Internet]. 2019;8(32 ):9-32. Available from: https://sid.ir/paper/240971/en

IEEE: Copy

GHASEM MOKHTARI, and Younes Hasanzadeh, “An Integrated Multi-Objective Model for Project Portfolio Selection and Risk Response Actions Planning,” JOURNAL OF INDUSTRIAL MANAGEMENT PERSPECTIVE (JIMP), vol. 8, no. 32 , pp. 9–32, 2019, [Online]. Available: https://sid.ir/paper/240971/en

Related Journal Papers