Title :
Software packages for multi-criteria resource allocation
Author :
Lourenço, João Carlos ; Costa, Carlos A Bana e ; Morton, Alec
Author_Institution :
Centre for Manage. Studies of IST, Tech. Univ. of Lisbon, Lisbon
Abstract :
In this paper four commercial software packages for multi-criteria resource allocation are analyzed: Equity, HiPriority, Logical Decisions Portfolio and Expert Choice Resource Aligner. The key technical distinction concerns the type of resource allocation procedure used: Equity uses the benefit-to-cost ratio approach, HiPriority also uses the benefit-to-cost ratio approach and an exhaustive enumeration approach, whereas Logical Decisions Portfolio and Expert Choice Resource Aligner use a mathematical programming approach.
Keywords :
expert systems; mathematical programming; resource allocation; software packages; benefit-to-cost ratio; exhaustive enumeration approach; expert choice resource aligner; logical decisions portfolio; mathematical programming; multicriteria resource allocation software; Councils; Decision making; Financial management; Mathematical model; Mathematical programming; Packaging; Portfolios; Project management; Resource management; Software packages; Multi-criteria resource allocation software; portfolio decision-making;
Conference_Titel :
Engineering Management Conference, 2008. IEMC Europe 2008. IEEE International
Conference_Location :
Estoril
Print_ISBN :
978-1-4244-2288-3
Electronic_ISBN :
978-1-4244-2289-0
DOI :
10.1109/IEMCE.2008.4617948
