TY - JOUR TI - A multi-methodological approach to structure portfolio investment projects JO - Academia; No. 50 PB - Universidad de los Andes PY - 2012 issn 1012-8255 AB - In situations where managers need to assess and define investment portfolios, three key elements should be taken into consideration while searching of an optimal solution: multiple decision makers with dissimilar and conflictive interests, multiple objectives and decision criteria, and multiple types of managerial constraints. This article presents a multimethodological approach that facilitates the selection of portfolios of investment projects using three different operations research techniques: cognitive mapping (SODA), multi-criteria decision analysis (MCDA), and binary linear programming (PLB). The application of the multi-methodological approach takes place within the context of a Colombian business group. The contribution of the paper is to show how to take advantage of the intrinsic complementarities that exist between methodologies, so that their combination facilitates identifying and representing multiple decision criteria and managerial constraints at the same time. Each of the methodologies on its own allows coping with one of the three aspects mentioned above, but not with all at the same time. This is what justifies the need to combine methodologies in order to address the problem comprehensively. © 2012 de Cladea. KW - Análisis de decisiones multicriterio (MCDA) KW - Programación lineal binaria (PLB) KW - Mapas cognitivos (SODA) KW - Restricciones de gestión KW - Priorización de proyectos KW - Multicriteria decision analysis (MCDA) KW - Binary linear programming (PLB) KW - Cognitive mapping (SODA) KW - Managerial constrains KW - Project prioritization KW - Economía KW - Economics KW - Negocios y management KW - Business KW - Facultad de Ciencias Administrativas y Económicas KW - Gestión Organizacional UR - http://hdl.handle.net/10906/78302 ER -