No abstract

This paper develops a bid & auction mechanismtohelp decision making in project portfolio management, either to allocate global resources, or to decide whether a new project should be accepted or not.This mechanism is developed based ona multi-agent system model which is inherently a bi-level structure. In the upper level, anauction agent is employed to representthe benefit of the portfolio through allocating global resources. In the lower level, project agents are employed to represent the benefit of corresponding projects (or programs) through managing specific schedules. Moreover, cash is employed as the bid target here to ensure the truthfulness of information.Keywordsproject portfolio, auction, resource management 1297 978-1-4673-8066-9/15/$31.00 ©2015 IEEE Proceedings of the 2015 IEEE IEEM

No abstract

The aim of this paper is to present a bi-level model for the resource-constrained multiple project scheduling problems (RCMPSP). For the practical situation, the complex hierarchical organization structure and birandom environment are considered in the decision making process. For solving the bi-level model, improved particle swarm optimization algorithm is designed to obtain the optimal solutions. The results of an illustrative example are presented to highlight the practicality and efficiency of the proposed model and algorithm.

No abstract