Project Grant 2533372
- The National Science Foundation (NSF) Directorate for Engineering awarded a $274,000 Project Grant to George Mason University in Fairfax, VA to support research on a risk-based real-options approach for infrastructure systems protection investment. The objective of this 3-year project, running from August 1, 2025 to July 31, 2028, is to develop mathematical methods and algorithms for planning infrastructure investment decisions that consider multiple uncertainty sources, risk tradeoffs, and...
- The National Science Foundation (NSF) Engineering program (CFDA 47.041) awarded a $440,888 Project Grant to the Regents of the University of Michigan to support research on new models and a comprehensive framework to capture the complexities and interdependencies of integrated infrastructure systems, while accounting for technological innovations and policy changes. The research aims to enhance system performance, improve resilience to risks, and promote more efficient resource utilization to...
- This $149,940 federal Project Grant award from the National Science Foundation (NSF) Mathematical and Physical Sciences (CFDA 47.049) program supports research at George Washington University (The) to develop new mathematical optimization models and algorithms for risk-averse planning and decision-making for power grid resilience against wildfires. The key products and services to be delivered include: (1) Novel optimization models that can customize risk aversion levels and account for...
- The National Science Foundation (NSF) awarded a $454,953 Project Grant under the Engineering program (CFDA 47.041) to Virginia Polytechnic Institute & State University (Virginia Tech) on May 1, 2025. The award aims to advance the science of optimization to enhance the reliability and efficiency of critical national infrastructure by developing adaptive methods for formulating and solving optimization problems in dynamic, uncertain environments. Key focus areas include theoretical...
- This $388,847 Project Grant awarded by the National Science Foundation's Engineering program (CFDA 47.041) to Trustees of Boston University is focused on developing new methods for managing the complex uncertainties introduced by increasing user participation and responsiveness in critical infrastructure systems such as power grids and transportation networks. The project seeks to integrate classical feedback control, incentive design, online optimization, and stochastic modeling to enable...
- This $299,057 federal Project Grant award from the National Science Foundation's (CFDA 47.049) Mathematical and Physical Sciences program supports research on optimal transport for risk management and scenario generation. The project, titled "OPTIMAL TRANSPORT FOR RISK MANAGEMENT AND SCENARIO GENERATION (OTRIMAGE)," aims to contribute to the mathematical foundations of risk management in finance and develop robust generative models. Key components include designing dynamic stochastic...
- The National Science Foundation's (NSF) Engineering program (CFDA 47.041) awarded a $249,990 project grant to the University of Delaware to improve infrastructure system resilience. The 3-year project, running from September 2025 to August 2028, aims to better understand the societal impacts of infrastructure service interruptions and develop tools to predict and manage these impacts. The key objectives are to: 1) develop an outage impact scale to describe impacts on different user types, 2)...
- The National Science Foundation (NSF) Engineering Program (CFDA 47.041) awarded a $360,000 Project Grant to Rensselaer Polytechnic Institute (RPI) to develop a theoretical framework for conducting accurate hypothetical interventions on complex systems and predicting their outcomes. The overarching goal is to provide decision-makers with a reliable basis for planning and risk assessment when implementing complex policy changes, infrastructure modifications, or emergency responses that could...
- This $500,000 Project Grant award from the National Science Foundation's (NSF) Engineering program (CFDA 47.041) will support research on "Endogenous Information Design" conducted by the University of Colorado Colorado Springs (UCCS). The project aims to develop new theoretical models and mathematical tools for analyzing situations where human behavior affects the state of the world, which in turn changes the information that can be shared. This is relevant to various "smart...
- This Project Grant award from the National Science Foundation (NSF) Engineering program (CFDA 47.041) provides $100,000 to the University of Washington to support a research alliance focused on enhancing the resilience of complex cyber-physical infrastructure systems in the era of AI. The project will conduct two workshops exploring innovations in "just-in-time resilience" that can be flexibly implemented to improve the adaptive capacity, demand forecasting, service provision, and...
The National Science Foundation (NSF) awarded a $274,000 Project Grant through the Engineering program (CFDA 47.041) to George Washington University for a collaborative research project titled "A Risk-Based Real-Options Approach for Infrastructure Systems Protection Investment." The project aims to support research on mathematical conceptualization for planning and making infrastructure investment decisions based on real options and risk trade-offs. The research focuses on four key thrusts: (1) advancing real options analysis methods under multiple uncertainty sources, (2) risk trade-offs and risk behavior modeling, (3) network-wide impacts and interacting options, and (4) machine learning approaches for information-rich environments. This project will contribute to fundamentally changing the framing of the underlying protective investment decision problem and advancing the needed mathematics and algorithms to achieve this. The award has a performance period from August 1, 2025, to July 31, 2028.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $274.0k | 8/5/25 |