EconPapers    
Economics at your fingertips  
 

A multi-objective optimization approach to project scheduling with resiliency criteria under uncertain activity duration

Farnaz Torabi Yeganeh () and Seyed Hessameddin Zegordi ()
Additional contact information
Farnaz Torabi Yeganeh: Tarbiat Modares University
Seyed Hessameddin Zegordi: Tarbiat Modares University

Annals of Operations Research, 2020, vol. 285, issue 1, No 8, 196 pages

Abstract: Abstract Uncertainty is one of the main parts of the project management environment that can strongly affect the project objectives and cause unpredictable delays. This study presents a multi-objective optimization approach for constructing resilient project schedules under resource constraints to cope with uncertain activity durations. In this paper, the concept of resilient project scheduling is defined to measure the ability of schedules to deal with duration disruption. Since the direct evaluation of resiliency is computationally complicated and time-consuming, a new surrogate resilience measure is introduced. The proposed resiliency criteria measure the floating of activities and the risks associated with the completion of the project. Furthermore, a new model based on a combination of time buffer and float allocation approach is developed. To extend existing project scheduling models with uncertainty, general precedence relationships between activities have been considered. To validate the proposed approach, the construction project of a combined cycle power plant is used as a case study. Due to a large number of project activities in this case study, the non-dominated sorting genetic algorithm (NSGA II) has been used to solve the problem. The results of solving the mathematical model using the proposed method are assessed through extensive simulation experiments and compared with those of the baseline schedule. The results show that by taking the proposed resiliency measure and the optimal allocation of buffer time to activities, the project completed at the same duration with higher reliability.

Keywords: Resiliency; Project scheduling; Multi-objective optimization; Risk; General precedence relationships (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://link.springer.com/10.1007/s10479-019-03375-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:285:y:2020:i:1:d:10.1007_s10479-019-03375-z

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479

DOI: 10.1007/s10479-019-03375-z

Access Statistics for this article

Annals of Operations Research is currently edited by Endre Boros

More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:annopr:v:285:y:2020:i:1:d:10.1007_s10479-019-03375-z