Skip to content

Repository files navigation

PPSP_simheuristic_wCorrelat-Interrupt

This code corresponds to a simheuristic approach to the Project Portfolio Selection Problem. The risk register, the schedule network and the effect of interruptions are used to assess the risk of budgetary deviations at each project and propose portfolios that maximize returns under budgetary constraints. Our proposal combines Montecarlo Simulation with critical path analysis, queuing theory and optimization. This code includes an experiment at different levels of confidence set by company policies to limit project risk, and different levels of project risk correlations, highlighting that portfolio recommendations change with different confidence levels and that correlations increase the portfolio risk. For a more detailed explanation, you can read our related paper in the Journal Computers & Industrial Engineering. [DOI:10.1016/j.cie.2024.110694] (http://dx.doi.org/10.1016/j.cie.2024.110694)

About

Multi-start simheuristic for project portfolio optimization, including proj.risk, operational interruptions and project risk correlations. Related paper in the Journal Computers and Industrial Engineering:

Topics

Resources

Stars

1 star

Watchers

1 watching

Forks

Releases

Packages

Contributors

Languages