Project selection is made more difficult when it is constrained. Risk can be constrained on each individual project else on the total portfolio. 7 min read.
Project selection is easy if the set is small else if there are no constraints. It is constraints which makes project selection difficult. 7 min read.
Current project portfolio selection methods can be improved dramatically by applying techniques from operations research and financial engineering.
Dynamic model showing the inherent project relationships and how a feedback loop binds project portfolio & scheduling management together.