A bi-objective genetic algorithm approach to risk mitigation in project scheduling

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Küçük Resim

Tarih

2008

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Elsevier B.V.

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

A problem of risk mitigation in project scheduling is formulated as a bi-objective optimization problem, where the expected makespan and the expected total cost are both to be minimized. The expected total cost is the sum of four cost components: overhead cost, activity execution cost, cost of reducing risks and penalty cost for tardiness. Risks for activities are predefined. For each risk at an activity, various levels are defined, which correspond to the results of different preventive measures. An MIP model and a heuristic solution approach based on genetic algorithms (GAs) is proposed. GAs provide a fast and effective solution approach to the problem. (c) 2007 Elsevier B.V. All rights reserved.

Açıklama

11th International Conference on Industrial Engineering and Systems Management -- MAY 16-19, 2005 -- Marrakech, MOROCCO

Anahtar Kelimeler

Project Scheduling, Risk, Multiobjective Optimization, Genetic Algorithms

Kaynak

International Journal Of Production Economics

WoS Q Değeri

Q1

Scopus Q Değeri

Q1

Cilt

112

Sayı

1

Künye