SBIR Phase I: A New Approach for Enhancing Capital Investment Decisions by Optimizing Returns and Risks of Project Portfolios

Period of Performance: 01/01/2003 - 12/31/2003

$100K

Phase 1 SBIR

Recipient Firm

Opttek Systems, Inc.
2241 17th Street Array
Boulder, CO 80302
Principal Investigator

Abstract

This Small Business Innovation Research (SBIR) project seeks to design an algorithmic approach and develop pilot software for optimizing the returns and associated risks of project portfolios to significantly improve the performance of capital finance and budgeting. This project is expected to achieve: an algorithmic approach for intelligently achieving near-optimal solutions for project portfolios in industries such as oil and gas, pharmaceuticals, bioengineering, heavy manufacturing, etc.; pilot software that incorporates this approach when integrated with simulation; key performance indicators to test the software; and a value proposition to assess the satisfaction of customer requirements.