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A Review of Approaches to Resource Allocation in Project Portfolio Management under Uncertainty

Issues of Risk Analysis. 2007. Vol. 4. No. 3-4. P. 48–59.
Anshin V., Demkin I. V., Tsarkov I., Nikonov I. M.

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.

Language: English
Full text
Keywords: resource allocation
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