Title :
Population Ecology Based and Benefit Oriented Decision-making Model of Project Portfolio Scale
Author :
Peng, Guo ; Cao Zhao-xi ; Ming, Zhu Yu ; Gang, An Hui
Author_Institution :
Sch. of Manage., Northwestern Polytech. Univ., Xi´´an
Abstract :
Firstly, by raising the question of decision-making of project portfolio scale, the attribute of population ecology to project portfolio is unveiled. Then, inspired by theories of population competition and interdependence, the project portfolio is classified into two types. Based on these two types, the TPPSD (transverse project portfolio scale decision-making) model and LPPSD (lengthways project portfolio scale decision-making) model are setup. The solution of models as n=2 are discussed, and the condition of stability of solutions is analyzed, the best scale of benefit of individual project under the condition of interactive influence and the best scale of benefit of project portfolio are achieved. By taking n=3 as an example, the operability of TPPSD model is verified
Keywords :
decision making; financial data processing; investment; project management; decision-making model; lengthways project portfolio model; population ecology theory; project portfolio management; transverse project portfolio model; Biological system modeling; Decision making; Decision support systems; Environmental factors; Portfolios; Project management; Proposals; Research and development; Resource management; Stability analysis; Lengthways project portfolio; Population ecology theory; Project portfolio management; Project portfolio scale; Transverse project portfolio;
Conference_Titel :
Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
Conference_Location :
Lille
Print_ISBN :
7-5603-2355-3
DOI :
10.1109/ICMSE.2006.313831