Abstract

PurposeThis paper aims to present an integrated method for optimized project duration and costs, considering the size and cost of crews assigned to project activities' execution modes.Design/methodology/approachThe proposed method utilizes fuzzy set theory (FSs) for modeling uncertainties associated with activities' duration and cost and genetic algorithm (GA) for optimizing project schedule. The method has four main modules that support two optimization methods: modeling uncertainty and defuzzification module; scheduling module; cost calculations module; and decision-support module. The first optimization method uses the elitist non-dominated sorting genetic algorithm (NSGA-II), while the second uses a dynamic weighted optimization genetic algorithm. The developed scheduling and optimization methods are coded in python as a stand-alone automated computerized tool to facilitate the developed method's application.FindingsThe developed method is applied to a numerical example to demonstrate its use and illustrate its capabilities. The method was validated using a multi-layered comparative analysis that involves performance evaluation, statistical comparisons and stability evaluation. Results indicated that NSGA-II outperformed the weighted optimization method, resulting in a better global optimum solution, which avoided local minima entrapment. Moreover, the developed method was constructed under a deterministic scenario to evaluate its performance in finding optimal solutions against the previously developed literature methods. Results showed the developed method's superiority in finding a better optimal set of solutions in a reasonable processing time.Originality/valueThe novelty of the proposed method lies in its capacity to consider resource planning and project scheduling under uncertainty simultaneously while accounting for activity splitting.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.