Proactive policies for the stochastic resource-constrained project scheduling problem
Filip Deblaere,
Erik Demeulemeester and
Willy Herroelen
European Journal of Operational Research, 2011, vol. 214, issue 2, 308-316
Abstract:
The resource-constrained project scheduling problem involves the determination of a schedule of the project activities, satisfying the precedence and resource constraints while minimizing the project duration. In practice, activity durations may be subject to variability. We propose a stochastic methodology for the determination of a project execution policy and a vector of predictive activity starting times with the objective of minimizing a cost function that consists of the weighted expected activity starting time deviations and the penalties or bonuses associated with late or early project completion. In a computational experiment, we show that our procedure greatly outperforms existing algorithms described in the literature.
Keywords: Project; scheduling; Proactive; scheduling; Execution; policies; Stochastic; RCPSP (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (23)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:214:y:2011:i:2:p:308-316
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