Title of article :
A multi-objective optimization model for project scheduling with time-varying resource requirements and capacities
Author/Authors :
Habibi, Farhad School of Industrial Engineering - Iran University of Science and Technology, Tehran, Iran , Barzinpour, Farnaz School of Industrial Engineering - Iran University of Science and Technology, Tehran, Iran , Sadjadi, Jafar School of Industrial Engineering - Iran University of Science and Technology, Tehran, Iran
Abstract :
Proper and realistic scheduling is an important factor of success for every project.
In reality, project scheduling often involves several objectives that must be
realized simultaneously, and faces numerous uncertainties that may undermine
the integrity of the devised schedule. Thus, the manner of dealing with such
uncertainties is of particular importance for effective planning. A realistic
schedule must also take account of the time-based variations in the capacity of
renewable resources and the amount of resources needed to undertake the
activities and the overall effect of such variations on the schedule. In this study,
we propose a multi-objective project scheduling optimization model with timevarying
resource requirements and capacities. This model, with the objectives of
minimizing the project makespan, maximizing the schedule robustness, and
maximizing the net present value, considers the interests of both project owner
and contractor simultaneously. Two multi-objective solution algorithms, NSGAII
and MOPSO, are modified and adjusted with Taguchi method to be used for
determination of the set of Pareto optimal solutions for the proposed problem.
The proposed solution methods are evaluated by the use of fifteen problems of
different sizes derived from Project Scheduling Problem Library (PSPLIB).
Finally, solutions of the algorithms are evaluated in terms of five evaluation
criteria. The comparisons show that NSGA-II yields better results than MOPSO
algorithm. Also, we show that ignoring the time-based variations in consumption
and availability of resources may lead to underestimation of project makespan
and significant deviation from the optimal activity sequence.
Keywords :
multi-objective optimization , resource variation , robust scheduling , Net Present Value (NPV) , Resource-constrained project scheduling
Journal title :
Astroparticle Physics