Models \& methods for project selection. Concepts from management science, finance and information technology. With Andrés L. Medaglia (Q1422051)

This book presents the latest developments in the area of project selection management. The first chapter exhibits the general linear multi-objective project selection problem, using two examples. In the next chapter, the evaluation of competing investments is introduced, and is followed by chapter 3 where the linear project selection problem is compared to the classic NPV (net present value) method. Further models from Finance follow, for instance the evaluation of a portfolio of project investments (chapter 5) and conditional stochastic dominance in portfolio selection (chapter 6). Chapter 7 follows, which introduces a practical means of developing preferred portfolios via the expected return and the Gini coefficients. The book concludes with chapters on stochastic multi-objective Mathematical Programming problems and a multi-objective evolutionary algorithm approach. Each chapter contains (at the end) numerous references where the interested reader can find further information on the topics covered, and some chapters are highlighted with sample SAS computer code.