Optimization model for Project Manager Assignments

The main objective of every project in an organization is to maximize its profit. This maximization of profit can be achieved through proper allocation of project managers to projects in an organization. But assigning a project to a project manager is still considered a difficult issue and is not yet fully addressed in the literature. However, in high-tech industries various project assignment methodologies are used to assign project managers to multiple projects and reassignment during new-product development projects. The aim of the optimization model created in this project is to develop a framework for project assignments to project managers including some assignment criteria and processes. The framework contains many strategic elements like project prioritization, project requirements and competencies of project managers and limitations of organization. The project assignment should be in alignment with the strategic goal of the organization. The objective of this paper is to create a model which will help in the process of project assignment to project manager for better performance of projects and maximizing the gain of the organization