Over the past four decades, portfolio selection has been one of the most important con-cerns of researchers, project managers, project-oriented companies, and public agencies around the world. Although numerous studies have been done in this field, still there is a room for more improvement in both theory and practice. One of the yet unspoiled topics in this field is improving and balancing the efficiency of sub-portfolios while paying attention to portfolio optimization. This study employs data-mining tools to categorize projects into sub-portfolios and rank them. Multiple Criteria Decision Making (MCDM) methods are also used to weigh the criteria on which the ranking process is based. Finally, a novel multi-objective model is designed to optimize the efficiency of sub-portfolios and the gain of the main portfolio. The model is solved by NSGA II algorithm. This study introduces a hybrid framework by which project portfolio selection process can be carried out regarding strategic alignment, cost, and risk.

The volume of rural road construction projects has increased over the last decade in Bangladesh though these projects are experiencing failure in terms of time for completion. Therefore, this study focuses on nine risk factors specifically in case of Bangladesh. The objectives are to examine and quantify the contribution of supply chain risk factors on completion time of rural road projects and to assess the prioritization of iden-tified risks. An insignificant number of researches have been performed on the effect of supply chain risks on completion time of rural roads in Bangladesh. To the best of authors’ knowledge, the three factors such as, upper contract price, prolong rainy season and time of monitoring have not yet been used as independent variables in any re-search. A linear model has been drawn and the proposed model shows that upper contract price, delay of the site handover, delay of site materials mobilization, change of scope and prolong rainy season cause time overrun, whereas, time of monitoring, delay in payment and delay in submission of contract schedule did not have significant effect on time. These findings will help the government of Bangladesh take the necessary actions to complete the projects on time.

The Health Care system is changing from the hospitalization to the home care, and the World Health Organization has announced that the rate of care-dependent elderly people in Europe will considerably increase within the next decades. Thus, scientific planning for this area is an essential factor to improve the community health. This paper aims to develop a mathematical modeling for Home Health Care Routing and Scheduling Problem and to solve it by means of Simulated Annealing (SA) algorithm considering real condition (staff vehicle traveling, conditions of patients and so forth). We permit interdependent services for patients in which they can order as many services as they want with any relation between them (Multiple Services) and supposed time window for each service. The mathematical formulation of the problem is coded in GMAS software, which is a well-known commercial software for solving optimization problems. In addition, for large-scale problems where GAMS is unable to solve, SA algorithm is applied to tackle the problems. Finally, sensitivity analysis on the most important parameters (number of services and number of patients with interdependent Multiple services) are conducted. The results reveal that when each patient can order infinite services with any relation between them, complexity of the problem increases, but SA algorithm can solve large instances with reasonable solution in the less computational time. Thus, SA algorithm shows a rational performance for large instances. Moreover, the most important factors that affect the objective value and the run time of the problems are number of patients, and number of patients with interdependent multiple services.

The resource-constrained project scheduling problem (RCPSP) is a well-known and widely studied topic. The underlying problem assumes that non-preemptions and that constant resources are restrictions imposed on project activities, which are to be scheduled, subject to precedence relation and limited resource constraints. Project activities, in RCPSP, are classified under category A. The problem is expanded to include various other activity assumptions categories, such as B and C. In the Preemptive-RCPSP, project activities are classified under category B, which refers to the activity that can be implemented using constant resources and constant durations. In the Flexible-RCPSP, project activities are classified under category C, which refers to the activities that can be executed using flexible resources over flexible durations, and preemptions are not allowed. However, in One-of-a-Kind Production companies (OKP), such as the housing industry, plastic injection moldings, and RV manufacturing, all known as “manufactured-to-order” operations, the activities are classified under category D in addition to A, B, and C, simultaneously. Category D refers to the activities that can be executed using flexible durations and flexible resources, and preemptions are allowed. In this paper, therefore, we present a new effective model in order to deal with the projects that consist of all the previous activity assumptions simultaneously to generate feasible project schedules. Case studies are included, and the results show that the resources usage is increased and the project makespan is reduced.

Servant Leadership is well known as an employee-oriented leadership style which is used by several major corporations. This work investigates the effects that Servant Leadership may have on the success of Information Technology (IT) projects. To estimate these effects via structural equation modelling (SEM) this study is based on already established models: the model of Servant Leadership developed by Van Dierendonck and Nuijten and the model of IT project success developed by Harwardt. Three of the Servant Leadership dimensions have positive impact on the success dimensions IT project. The Servant Leadership Dimension Accountability has a positive impact on the dimensions Project management success, Perception success and Result success. Authenticity has a positive impact on Project management success and Result success, whereas Forgiveness affects only Result success.