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A model for ITIS project portfolio selection in the presence of uncertainty Combination of fuzzy multi-criteria decision making and fuzzy mathematical programming ...
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A model for ITIS project portfolio selection in the presence of uncertainty Combination of fuzzy multi-criteria decision making and fuzzy mathematical programming ...
Abstract: IT/IS represents a substantial financial investment for many organizations. Making IT project portfolio decision is difficult, because long lead times of IT project and market and technology dynamics lead to unavailable and unreliable collected data for portfolio management. This uncertainty has been modeled using fuzzy concepts. We need a collective model that will help decision-makers evaluate potential new investment projects in an easy, cost-effective, and collective manner. Hence, we propose a new approach based on the fuzzy multi-criteria decision model (FMCDM) and a fuzzy binary multi-objective linear programming model, featuring a 2-stage evaluation and selection process with 19 criteria for IT/IS investment. At the first stage, evaluation, all stakeholders in a corporation can decide the relative weights they give to the criteria when they evaluate a new IT/IS project by using linguistic values. Experts can also use linguistic values to evaluate all candidates easily. Only an Excel worksheet is ...
Keyword: 90304 Medical Devices; 90404 Membrane and Separation Technologies; 90405 Non-automotive Combustion and Fuel Engineering incl. Alternative/Renewable Fuels; 90505 Infrastructure Engineering and Asset Management; 90603 Industrial Electronics; 90604 Microelectronics and Integrated Circuits; 90904 Navigation and Position Fixing; 91003 Machine Tools; 91004 Machining; 91005 Manufacturing Management; 91006 Manufacturing Processes and Technologies excl. Textiles; 91007 Manufacturing Robotics and Mechatronics excl. Automotive Mechatronics; 91008 Manufacturing Safety and Quality; 91009 Microtechnology; 91099 Manufacturing Engineering not elsewhere classified; 91102 Naval Architecture; 91199 Maritime Engineering not elsewhere classified; 91207 Metals and Alloy Materials; 91299 Materials Engineering not elsewhere classified; 91306 Microelectromechanical Systems MEMS; 91399 Mechanical Engineering not elsewhere classified; 91404 Mineral Processing/Beneficiation; 91405 Mining Engineering; 91599 Interdisciplinary Engineering not elsewhere classified; 99902 Engineering Instrumentation; FOS Chemical engineering; FOS Civil engineering; FOS Electrical engineering, electronic engineering, information engineering; FOS Environmental engineering; FOS Materials engineering; FOS Mechanical engineering; FOS Medical engineering; FOS Other engineering and technologies; Mechanical Engineering
URL: https://figshare.com/articles/A_model_for_ITIS_project_portfolio_selection_in_the_presence_of_uncertainty_Combination_of_fuzzy_multi-criteria_decision_making_and_fuzzy_mathematical_programming/12452420
https://dx.doi.org/10.6084/m9.figshare.12452420
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