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In this paper, a multi agent based decentralized decision making approach is presented for allocating resources and scheduling of distributed multiple projects. The resource allocation and scheduling is performed cooperatively and collectively by a group of autonomous project agents, resource agents and a mediator agent. We propose a price mechanism that allows project agents to bid for the needed resources. A new contract net protocol (CNP) concept is used for negotiations and coordination among the agents. This approach is successfully applied on an example problem.