project portfolio selection with the maximization of net present value

Authors

mostafa nikkhah nasab

amir abbas najafi

abstract

projects scheduling by the project portfolio selection, something that has its own complexity and its flexibility, can create different composition of the project portfolio. an integer programming model is formulated for the project portfolio selection and scheduling.two heuristic algorithms, genetic algorithm (ga) and simulated annealing (sa), are presented to solve the problem. results of calculations show that the algorithm performance of ga is better than sa in project portfolio selection to maximize the npv of the project portfolio.

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Journal title:
journal of optimization in industrial engineering

Publisher: qiau

ISSN 2251-9904

volume 6

issue 12 2013

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