A Review of Approaches to Resource Allocation in Project Portfolio Management under Uncertainty
The article addresses the problem of multi-project resource allocation under uncertainty. It discusses the main approaches to resource allocation across the projects in an innovative investment portfolio and describes the basic models for multi-project resource allocation. The authors present a model of effective resource allocation under uncertainty that takes into account the dependence of job duration on the completeness of allocated resources. Examples of simulation-based practical solutions to resource allocation problem are also given.