MODEL FOR OPTIMIZING THE FINANCIAL RESOURCES ALLOCATION IN PROJECT MANAGEMENT USING DEPENDENCY STRUCTURE MATRIX (DSM
MODEL FOR OPTIMIZING THE FINANCIAL RESOURCES ALLOCATION IN PROJECT MANAGEMENT USING DEPENDENCY STRUCTURE MATRIX (DSM

Summary/Abstract: Optimizing the resources allocation is one of the most essential aspects in a project management. Any financer or donor requires efficiency in using their funds. The paper outlines the possibility to use Dependence Structure Matrix (DSM) in the project financial management, in order to optimise the financial resources allocation between activity packages, during the project implementation, by focusing on higher risks areas. The effectiveness of the proposed tool was validated by its application to an illustrative example dealing with project resources allocation problem.

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