A multi-objective approach for decision making during the project life cycle

Yossi Bukchin, Shai Rozenes

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)184-203
Number of pages20
JournalInternational Journal of Project Organisation and Management
Volume3
Issue number2
DOIs
StatePublished - 2011

Keywords

  • efficient frontier
  • multi-objective optimisation
  • project management
  • project scheduling

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