TY - JOUR
T1 - A multi-objective approach for decision making during the project life cycle
AU - Bukchin, Yossi
AU - Rozenes, Shai
PY - 2011
Y1 - 2011
N2 - This paper is concerned with the multi-objective nature of projects and proposes a comprehensive methodology for the decision making process during the project life cycle. We address a situation in which several decisions are considered, where each may affect the major project objectives: time, cost and scope. The objectives are formally defined and a multi-objective, mixed-integer, linear-programming formulation for the decision selection is developed. We then provide the decision maker with a set of non-dominated alternatives, each associated with a subset of the feasible decisions.
AB - This paper is concerned with the multi-objective nature of projects and proposes a comprehensive methodology for the decision making process during the project life cycle. We address a situation in which several decisions are considered, where each may affect the major project objectives: time, cost and scope. The objectives are formally defined and a multi-objective, mixed-integer, linear-programming formulation for the decision selection is developed. We then provide the decision maker with a set of non-dominated alternatives, each associated with a subset of the feasible decisions.
KW - efficient frontier
KW - multi-objective optimisation
KW - project management
KW - project scheduling
UR - http://www.scopus.com/inward/record.url?scp=84864720826&partnerID=8YFLogxK
U2 - 10.1504/IJPOM.2011.039820
DO - 10.1504/IJPOM.2011.039820
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AN - SCOPUS:84864720826
VL - 3
SP - 184
EP - 203
JO - International Journal of Project Organisation and Management
JF - International Journal of Project Organisation and Management
SN - 1740-2891
IS - 2
ER -