88,055 research outputs found

    Project portfolio management: capacity allocation, downsizing decisions and sequencing rules.

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    This paper aims to gain insight into capacity allocation, downsizing decisions and sequencing rules when managing a portfolio of projects. By downsizing, we mean reducing the scale or size of a project and thereby changing the project's content. In previous work, we have determined the amount of critical capacity that is optimally allocated to concurrently executed projects with deterministic or stochastic workloads when the impact of downsizing is known. In this paper, we extend this view with the possibility of sequential processing, which implies that a complete order is imposed on the projects. When projects are sequenced instead of executed in parallel, two effects come into play: firstly, unused capacity can be shifted to later projects in the same period; and secondly, reinvestment revenues gain importance because of the differences in realization time of the sequenced projects. When project workloads are known, only the second effect counts; when project workloads are stochastic, however, the project's capacity usage is uncertain so that unused capacity can be shifted to later projects in the same period. In this case, both effects need to be taken into account. In this paper, we determine optimal sequencing rules when the selection and capacity-allocation decisions for a set of projects have already been made. We also consider a combination of parallel and sequential planning and we perform simulation experiments that confirm the appropriateness of our capacity-allocation methods.Project portfolio management; Downsizing; Sequencing;

    Simulating intertwined design processes that have similar structures: A case study of a small company that creates made-to-order fashion products

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    The authors use simulation to analyse the resource-driven dependencies between concurrent processes used to create customised products in a company. Such processes are uncertain and unique according to the design changes required. However, they have similar structures. For simulation, a level of abstraction is chosen such that all possible processes are represented by the same activity network. Differences between processes are determined by the customisations that they implement. The approach is illustrated through application to a small business that creates customised fashion products. We suggest that similar techniques could be applied to study intertwined design processes in more complex domains.The case study was carried out as part of Considerate Design for Personalised Fashion funded by the EPSRC/AHRC Design in the 21st century programme. The context of a multi-project environment was analysed as part of the EU Framework 7 CONVERGE project CP-FP 228746-2.Post-prin

    Constants in Future Cities and Regions

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    The paper resumes some of the conversations the authors had in three years of research, based on the review of best participatory planning practices worldwide. The case projects are selected and discussed with the protagonists across four leading issues: Simulation, Scenario and Visioning, Government and Governance, and Scale. The case-oriented discussion is a peculiarity of the book , contributing to give shape to future cities or regions. The aim is to build a critical thinking on how urban planning, policy and design issues are faced differently or similarly throughout every cases studied. The book include the description of computer models and media, socio-political experiments and professional practices which help communicating the future effects of different design, policy and planning strategies and schemes with a wide range of aims: from information, through consultation, towards active participation. The cases have confirmed that simulation tools can impact on local government and can drive new forms of "glocal" governance, shaping and implementing future plans and projects at different scale and time span. The following paragraphs will point at some of the constant thoughts the authors had around the selection and editing of the book's case studied and related issue
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