Report in Wirtschaftsmathematik (WIMA Report)
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Acquisition Prioritization: A Multicriteria Approach Based on a Case Study (2006)
- Selection of new projects is one of the major decision making activities in any company. Given a set of potential projects to invest, a subset which matches the company's strategy and internal resources best has to be selected. In this paper, we propose a multicriteria model for portfolio selection of projects, where we take into consideration that each of the potential projects has several - usually conflicting - values.