A comprehensive 0-1 goal programing model for project selection
By: BADRI, Masood A
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Contributor(s): DAVIS, Donald | DAVIS, Donna.
Material type: 
ArticlePublisher: 2001International Journal of Project Management 19, 4, p. 243-252Abstract: Effective information systems (IS) project in health sevice institutions necessitates incorporating the many conflicting objectives of decision-makers into decision models. Multiple factors that impact the decision to select an appropriate IS projects include decision-maker preferences and priorities (goals and objectives), benefits, costs (hardware, software, required manpower and other costs), project risk, required time of compeltion and for training, and the availability of other scarce resources. Existing methods of IS selection do not include all these criteria in one decision model. Among the many proposed methodologies of multicriteria decision making, goal programing is perhaps the most popular and widely used. In this paper, project selecton models in other disciplines, such as R&D, capital budgeting, investment plans, etc., are synthesized to develop a project selection model for health service institutions that explicity incorporates all of these factors. The decision model is formulated as a mixed 0-1 goal programing model which is validated by applying it to a real-world IS project selection data. The main contribution is in problem identification and development of the mathematical model for project selection
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Effective information systems (IS) project in health sevice institutions necessitates incorporating the many conflicting objectives of decision-makers into decision models. Multiple factors that impact the decision to select an appropriate IS projects include decision-maker preferences and priorities (goals and objectives), benefits, costs (hardware, software, required manpower and other costs), project risk, required time of compeltion and for training, and the availability of other scarce resources. Existing methods of IS selection do not include all these criteria in one decision model. Among the many proposed methodologies of multicriteria decision making, goal programing is perhaps the most popular and widely used. In this paper, project selecton models in other disciplines, such as R&D, capital budgeting, investment plans, etc., are synthesized to develop a project selection model for health service institutions that explicity incorporates all of these factors. The decision model is formulated as a mixed 0-1 goal programing model which is validated by applying it to a real-world IS project selection data. The main contribution is in problem identification and development of the mathematical model for project selection
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