The object of research is the sustainability and value of project-oriented organizations in the framework of the entropy concept. Ensuring the sustainability of project-oriented organizations should be carried out through the formation of their portfolio of projects. At the same time, in the...

This thesis analyzes capital budgeting and takes particularly care of the portfolio aspect. This aspect is introduced when evaluating projects or businesses on the level of an entire company. The following key elements are identified: customer demand, production costs, diversification and...

A declarative framework enabling to determine conditions as well as to develop decision-making software supporting small- and medium-sized enterprises aimed at unique, multi-project-like and mass customized oriented production is discussed. A set of unique production orders grouped into...

This paper deals with multi-period project portfolio selection problem. In this problem, the available budget is invested on the best portfolio of projects in each period such that the net profit is maximized. We also consider more realistic assumptions to cover wider range of applications than...

Many optimization problems that arise in practice can be reduced to the problem of computing the projection of a given vector in a Euclidean space onto the simplicial cone generated by a set of linearly independent vectors. For example, the well-known problem in finance of determining the...