The problem of project portfolio selection consists in allocating resources (for instance money) to a set of proposals optimizing certain impact measures [Litvinchev et al. (J Comput Syst Sci Int 50(6):942–952,… Click to show full abstract
The problem of project portfolio selection consists in allocating resources (for instance money) to a set of proposals optimizing certain impact measures [Litvinchev et al. (J Comput Syst Sci Int 50(6):942–952, 2011)]. We develop a model that takes into account the following characteristics: projects tasks; different resources allocation policies; interdependence between tasks and/or projects; portfolio balancing rules; uncertainty in the overall budget; and uncertainty in the amount of resources requested by tasks. Uncertain parameters are represented as fuzzy triangular numbers and fuzzy programming is employed for solving the model with uncertainty. Computational results are presented for medium and large scale instances.
               
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