International Journal of Industiral Engineering & Producion Research
نشریه بین المللی مهندسی صنایع و تحقیقات تولید
IJIEPR
Engineering & Technology
http://ijiepr.iust.ac.ir
18
agent2
20084889
2345363X
10.22068/ijiepr
en
jalali
1392
6
1
gregorian
2013
9
1
24
3
online
1
fulltext
en
A New Mathematical Approach based on Conic Quadratic Programming for the Stochastic TimeCost Tradeoff Problem in Project Management
کنترل پروژه
Project Control
پژوهشي
Research
In this paper, we consider a stochastic TimeCost Tradeoff Problem (TCTP) in PERT networks for project management, in which all activities are subjected to a linear cost function and assumed to be exponentially distributed. The aim of this problem is to maximize the project completion probability with a preknown deadline to a predefined probability such that the required additional cost is minimized. A single path TCTP is constructed as an optimization problem with decision variables of activity mean durations. We then reformulate the single path TCTP as a cone quadratic program in order to apply polynomial time interior point methods to solve the reformulation. Finally, we develop an iterative algorithm based on Monte Carlo simulation technique and conic optimization to solve general TCTP. The proposed approach has been tested on some randomly generated test problems. The results illustrate the good performance of our new approach.
Project Management, Conic Optimization, TimeCost Tradeoff Problem, Interior Point Methods, Monte Carlo Simulation
177
187
http://ijiepr.iust.ac.ir/browse.php?a_code=A102034&slc_lang=en&sid=1
M. Reza
Peyghami
180031947532846003181
180031947532846003181
No

Abdollah
Aghaie
180031947532846003182
180031947532846003182
Yes

Hadi
Mokhtari
180031947532846003183
180031947532846003183
No
