ABSTRACT

The objective of this paper is to present a model that uses multi agent technology to assist fund allocating agencies (FAA) to allocate limited funds to most dressing among competing organizations called fund seekers (FS) and monitoring the utilization of allocated funds.

These funds are given to execute their projects in research and development or to impart quality education.

One agent, called coordinator agent has been designed to perform task of helping FS to find sources of funds available depending on nature of projects, second agent called fund allocating agency’s, agent has been designed to provide the funds, third agent called  fund allocator agent has been designed to allocate funds etc. avail the funds and lastly monitor agent has been designed to monitor the progress of utilization of funds.

An agent is an autonomous entity that performs a given task using information gathered from its environment to act in a suitable manner so as to complete the task successfully.

This paper describes the steps carried out to model the problem. To implement the model physical computing and net working infrastructure are required.

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