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.
Is it enough to think of projects ‘like‘ an investment else should they be considered ‘as‘ an investment, and is an investment portfolio necessary? 5 min read.
Current project portfolio selection methods can be improved dramatically by applying techniques from operations research and financial engineering.