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GLOSSARY |
Goal Based Optimization |  |
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Goal Based Optimization |
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Goal Based Optimization is a feature of the Resource Optimization module for Portfolio Management.
Synonyms: Multivariate OptimizationSee Also: Genetic Algorithms , Constraint Based Optimization , Interdependency Evaluation , Must Do Criteria , Resource Pool , Resource Planning
The system resolves highly complex problems of portfolio selection. For example, in selecting a portfolio from 100 possible elements there are approximately 1030 (1 followed by 30 zeros) possible combinations.
GenSight uses pattern recognition technology to identify the most promising combinations, which it then tests, evolves and progressively improves to optimize against multivariate goals and constraints.
More on Goal Based Optimization at:
See main page on Project Portfolio Management Software Solutions
See main page on Project Portfolio Management Software Solutions
Index
