This paper evaluates the relationship between corporate strategy and quantitative financial criteria for choosing the optimal set of projects for the Capital Budget. On the basis of the competitive dynamics of the industry and the corporate strategy, different sets of projects should be selected...

The evaluation and selection of information technology projects is one of the most complex decision-making processes. To achieve alignment between projects and strategy is very important to analyze the goals and processes inside the organization. This paper presents a model for the selection of...

Entrants are typically found to be more innovative than incumbent firms. Furthermore, these innovative ideas often originate with established firms in the industry. Therefore, the established firm and the start-up firm seem to select different types of projects. We claim that this is the...

Purpose This paper aims to deal with the selection of the sustainability-oriented Green Lean Six Sigma (GLS) project for the manufacturing industry in the complex decision-making environment. Moreover, the study also proposes a GLS implementation framework for improved organizational...

Purpose – The purpose of this paper is to present one modification of the fuzzy TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) and to develop a corresponding computer program which could be used for the multicriteria decision making for problems in practice....

Purpose – Nowadays, most of the organizations have focused through the world on Six Sigma to reduce the costs, improve the productivity and enhance concerned individuals’ satisfaction, especially customers’ satisfaction. Annually, these organizations define and execute thousands of Six...

Purpose – This paper aims to propose a new model for project selection using the combined approach of analytic hierarchy process (AHP) and linear programming (LP). The key selection criteria for construction projects are also identified and assessed based on the perception of construction...

Purpose The purpose of this paper is to introduce a model of decision-making problem in multi-criteria optimization domain for project selection. The model is built by combining the soft set theory and analytic hierarchical model under fuzziness. Soft set model gives us the opportunity to use...

Purpose With increasing choice from a range of programs, improvement project selection within broader supply chain context and resource constraints has become a major research challenge. The purpose of this paper is to investigate the different criteria for selecting Six-Sigma (SS) projects...