Assigning resources and targets to an organization's activities

► Utility-based probability maximization (UPM) solves resource assignment problems. ► It can optimally assign targets to subprojects to meet an overall target. ► It can optimally assign budgets to sub-operations to meet overall budget constraints. ► UPM solutions dominate those of chance-constrained programming. ► UPM uses explicit risk tradeoffs that are independent of a problem's parameter values.