In this paper, we address the issue of optimal selection of portfolio of projects using reinvestment strategy within a flexible time horizon. We assume that an investor intends to invest his/her initial capital on the implementation of some projects in a flexible time horizon. The investor’s...

Controller bieten dem Management interne Beratung und Unterstützung aus dem Blickwinkel finanzieller Handlungsmotive an (vgl. Kesten 2001, S.30 ff.). Dies trifft auch bei der Planung, Abwicklung und Kontrolle von Projekten zu. Der Beratungsfokus liegt dabei insbesondere auf Fragen zur...

In this paper, we apply a consensus model to decision-making in committees that have to choose one or more alternatives from a set of alternatives. The model does not use a voting rule nor a set of winning coalitions. Every decision maker evaluates each alternative with respect to given...

This paper proposes the economic and economic statistical designs of the synthetic X¯ chart. In the economic design, the optimal chart parameters that minimize the expected cost function are obtained, while in the economic statistical design, the optimal chart parameters are obtained by...

This paper examines dynamic R&D investment policies and the valuation of R&D programs in a contingent claims framework. We incorporate the following characteristics of R&D programs into our model: learning-by-doing, collateral learning between different projects in the program, interaction...

Provides a practical tool for the design and implementation of sustainable microfinance interventions, with a particular focus on rural areas. Provides guidance on who to target, how to establish and maintain savings and lending schemes, what kind of training to provide, gender concerns and cost...

With the rising number and importance of projects in diff erent business and other areas, the need to support persons in charge of or working on projects is becoming more and more topical. Accurate and timely data about project plans, actual progress and costs, proposed solutions etc. are of...

Investment projects financed by the European Union from the Cohesion Fund bring important benefits to local communities and to the regional operator but also responsibilities regarding the project implementation according to national and European regulations. To access an investment project, the...

We present a project management methodology designed for the selection of wind turbines wake effect most influential parameters, who need to run wind farm project for large energy conversion. Very frequently, the managers of these projects are not project management professionals, so they need...