We study the interaction between a group of agents who exert costly effort over time to complete a project, and a manager who chooses the objectives that must be met in order for her to sign off on it. The manager has limited commitment power so that she can commit to the requirements only when the project is sufficiently close to completion. This is common in projects that involve design or qu...

In this study, a conceptual framework is given for the dynamic multi-project scheduling problem with weighted earliness/tardiness costs (DRCMPSPWET) and a mathematical programming formulation of the problem is provided. In DRCMPSPWET, a project arrives on top of an existing project portfolio and a due date has to be quoted for the new project while keeping the costs related to changes in the sc...

In any country, infrastructure development will increase the growth of countries economy and generates the large amount of job opportunities. Hence those projects involve a large amount of investment to carry out. In view of that, if any sort of wastage (either time, resources etc) occurs that would lead to the huge monetary losses. These losses occur due to various risks associated with such m...

The goal of this project was to develop a prototype of real‐time partial re‐configuration of a logic circuit. The steps required for completion involved researching possible circuit algorithms, implementing desired functionality in VHDL, and developing a proof of concept. The objective of this project was to lay a foundation for further development in implementing a self‐healing tri...

One of the projects currently being undertaken by PT. XYZ is Dam “X”. Based on project management data obtained from XYZ, actual construction process experienced a significant delay planned schedule, with duration approximately 30 days. The will have an impact final completion project, including delivering results to consumers. purpose this study determine critical path in implementation and id...

One of the common questions in all projects, is "How much would be the final cost of the project?" or "How much would be the completion duration of the project?". Earned Value Management presents a method for estimation of these results. In general methods and formula of Earned Value Management, future trend of project, are anticipated completely based on its previous trend, and changes in envi...

This paper presents a new multi-objective Time-Cost Trade-Off (TCTO) model for Critical Chain Project Management (CCPM) networks. The presented model helps crashing a project with little, or no, additional cost. As combinatorial optimization problems' finding optimal decisions are difficult and is time consuming; considering the number of possible permutations involved for TCTO optimization, th...

Activity networks model the time to project completion based on the times to complete various subtasks, some of which can proceed concurrently and others of which are prerequisite to others. Uncertainty in the times to complete subtasks implies uncertainty in the overall time to complete the project. When the information about the times to complete subtasks is insufficient to fully specify a pr...

We develop a multi-objective model for the time-cost trade-off problem in PERT networks with generalized Erlang distributions of activity durations, using a genetic algorithm. The mean duration of each activity is assumed to be a non-increasing function and the direct cost of each activity is assumed to be a non-decreasing function of the amount of resource allocated to it. The decision variabl...