Multiple projects — Multiple resources constrained scheduling: A multiobjective analysis

In real life situations, project organisations undertake simultaneous execution of various projects at different locations. The projects vary according to the number of activities and also each activity in different projects require different amount of scarce resources at different time periods. The...

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Bibliographic Details
Published inEngineering costs and production economics Vol. 18; no. 1; pp. 83 - 92
Main Authors Mohanty, R.P., Siddiq, M.K.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.10.1989
Elsevier
SeriesEngineering Costs and Production Economics
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Summary:In real life situations, project organisations undertake simultaneous execution of various projects at different locations. The projects vary according to the number of activities and also each activity in different projects require different amount of scarce resources at different time periods. The management at the same time tries to evaluate the performance of different projects in terms of multiple performance measures, in order to provide direction and set constraints on managerial behaviour. The available literature does not deal with such a problem looking from a multiobjective evaluation perspective. In this paper, we make an attempt to formulate an Integer Goal Programming (IGP) model. This model has been analysed for a problem involving 3 projects and 3 resources. Further, a possible extension of the model to incorporate the cost-time trade-off in managing the projects has also been presented and analysed.
ISSN:0167-188X
1878-4011
DOI:10.1016/0167-188X(89)90026-8