In most project portfolio selection (PPS) situations, the presence of multiple attributes and
decision-maker preference is inevitable. As Multi-criteria Decision Analysis (MCDA) …

Investments and projects developed in the Oil and Gas (O&G) industry involve complex
equipment, infrastructure, and processes. Additionally, Research and Development (R&D) …

This paper proposes a method for project selection based on stochastic dominance (SD)
and fuzzy theory. Using fuzzy theory and stochastic dominance, the method is tested using …

Selecting a portfolio of projects is essential for organizations to sustain and develop their
businesses and increase profitability. While creating a suitable portfolio, the opinions of the …

Many researchers address the benefits of using methodologies, standards, but they rarely
go beyond the direct effects, and get to the ownership. The owner is one of the key …

This chapter describes the main features of project portfolio selection and formalizes a
problem statement that considers these features. We provide a simple but comprehensive …

Project portfolio management is a comprehensive framework for decision making and
selecting the portfolio of projects to achieve the goals of the organization by considering …

An organization's resources are finite, precluding the concurrent launch of every project.
Consequently, for those who make organizational choices, pinpointing the best project …

Abstract Project Portfolio Management is beginning to become established also in Hungary.
The previous decade has led to intensive research activity in Hungary in accordance with …

Due to their aging, refinery facilities face the threat of suffering from incidents and accidents.
Even fatal injury may be caused if running without proper maintenance planning. The …