Resource Leveling and Other Resource Management Problems

Gündüz Ulusoy and Öncü Hazır
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Gündüz Ulusoy: Sabancı University
Öncü Hazır: Rennes School of Business

Chapter Chapter 8 in An Introduction to Project Modeling and Planning, 2021, pp 251-280 from Springer

Abstract: Abstract We formulate the resource leveling problem with different objective functions and present a heuristic solution algorithm. This problem aims at minimizing the variation in resource utilization over time. By this way, resource planning and procurement could be easier and cheaper. Owing to these advantages, project management software packages generally include leveling algorithms. In addition to studying the well-known leveling problem, we formulate the resource availability cost problem (RACP). Different than the resource leveling problem, in the RACP the maximum resource demand is considered, and the resource cost is optimized. Different resource management policies are discussed. The resource portfolio management problem is introduced. Finally, we present a case study on resource leveling in the context of an annual audit project.

Keywords: Resource leveling problem; Heuristics; Resource availability cost problem; Resource management policies; Resource portfolio management problem; Case study (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-61423-2_8

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DOI: 10.1007/978-3-030-61423-2_8

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