Publication in the Diário da República: Despacho nº 10766/2011 - 30/08/2011
5 ECTS; 1º Ano, 2º Semestre, 28,0 T + 28,0 PL + 5,0 OT , Cód. 911215.
The objective of the course is to formalize Linear Programming problems, to introduce classical optimization problems and some resolution strategies. Develop capacities to apply the systemic approach to complex problems, formulate them, recognize the appropriate methodologies for their resolution and implement them. This introductory UC familiarizes students with concepts, models, and techniques that allow for efficient resource management, profit maximization, and / or cost minimization.
1. Evaluation of Investment Projects
1.1 Fundamental concepts;
1.2 Basic studies for the preparation of an investment project;
1.3 The extra aspects - financial projects;
1.4 Plans of investment, operation and financing;
1.5 Analysis of cash flows of the projects;
1.6 The cost of capital;
1.7 Profitability measures;
1.8 Decision to invest towards risk.
2. Project management and planning
2.1 Definition of the scope of the project;
2.2 Quality of the project;
2.3 Project communications;
2.4 Project resources;
2.6.1 Gantt diagram;
2.6.2 PERT-CPM Networks
2.7 Risk management;
2.9 Project control;
2.10 Project closure;
2.11 Agile methods of project management.
3. Linear Programming
3.1 Optimization concept;
3.2 Optimization without restrictions and with restrictions;
3.3 Decision variables;
3.4 Formulation of the problem;
3.5 Graphical Resolution of Linear Programming Problems;
3.6 Simplex Algorithm;
3.7 Duality and sensitivity analysis.
Written test (PE) in any of the assessment periods and 2 projects (T1 and T2). The final mark (CF) is obtained by CF=0,50*PE+0,25*T1+0,25*T2. The written tests consist of part I and part II. The minimum grade in each part is 3 (out of 10). The minimum pass mark (CF) is 10 (out of 20).
- Chase, R. (2001). Operations Management for Competitive Advantage. (Vol. 1). USA: McGraw-Hill
- Cebola, A. (2005). Elaboração e Análise de Projetos de Investimento. (Vol. 1). Lisboa: Edições Sílabo
- Miguel, A. (2019). Gestão Moderna de Projetos Melhores Técnicas e Práticas. (Vol. 1 (8ª edição)). Lisboa: FCA - Editora de Informática
Lectures and case study analysis.
Software used in class