Patent ID: 8121916
Filing Date: 2012-02-21
Classification: G06Q

Abstract:
1. A non-transitory computer readable medium comprising computer readable instructions for selecting a project portfolio from available projects, the instructions for implementing a method comprising: receiving an investment cost and a return for each available project; receiving user-specified constraints; creating a formulation for each available project, each formulation including a plurality of requirements based on the investment cost and the return for the available project to which it relates, the user-specified constraints and a probability of success variable for the available project to which it relates; solving the formulation for each available project to determine the threshold probability of success; selecting the project portfolio from the available projects such that each selected project has threshold probability of success exceeds a threshold value and such that the sum of the investment costs for all selected projects is less than a budget constraint (B) and such that no two selected projects violate a logical restriction included in the user-specified constraints; and outputting the project portfolio.