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Project Scheduling under Time Dependent Costs – A Branch and Bound Algorithm

Author

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  • N.R. Achuthan
  • A. Hardjawidjaja

Abstract

In a given project network, execution of each activity in normal duration requires utilization of certain resources. If faster execution of an activity is desired then additional resources at extra cost would be required. Given a project network, the cost structure for each activity and a planning horizon, the project compression problem is concerned with the determination of optimal schedule (duration) of performing each activity while satisfying given restrictions and minimizing the total cost of project execution. This paper considers the project compression problem with time dependent cost structure for each activity. The planning horizon is divided into several regular time intervals over which the cost structure of an activity may vary. But the cost structure of the activities remains the same (constant) within a time interval. Key events of the project attract penalty for finishing earlier or later than the corresponding target times. The objective is to find an optimal project schedule minimizing the total project cost. We present a mathematical model for this problem, develop some heuristics and an exact branch and bound algorithm. Using simulated problems we provide an insight into the computational performances of heuristics and the branch and bound algorithm. Copyright Kluwer Academic Publishers 2001

Suggested Citation

  • N.R. Achuthan & A. Hardjawidjaja, 2001. "Project Scheduling under Time Dependent Costs – A Branch and Bound Algorithm," Annals of Operations Research, Springer, vol. 108(1), pages 55-74, November.
  • Handle: RePEc:spr:annopr:v:108:y:2001:i:1:p:55-74:10.1023/a:1016046625583
    DOI: 10.1023/A:1016046625583
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    Citations

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    Cited by:

    1. Hartmann, Sönke & Briskorn, Dirk, 2008. "A survey of variants and extensions of the resource-constrained project scheduling problem," Working Paper Series 02/2008, Hamburg School of Business Administration (HSBA).
    2. Hartmann, Sönke & Briskorn, Dirk, 2010. "A survey of variants and extensions of the resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 207(1), pages 1-14, November.
    3. Klanšek Uroš & Pšunder Mirko, 2008. "Cost Optimal Project Scheduling," Organizacija, Sciendo, vol. 41(4), pages 153-158, July.
    4. Mohammad Rostami & Morteza Bagherpour, 2020. "A lagrangian relaxation algorithm for facility location of resource-constrained decentralized multi-project scheduling problems," Operational Research, Springer, vol. 20(2), pages 857-897, June.
    5. Aidin Delgoshaei & Timon Rabczuk & Ahad Ali & Mohd Khairol Anuar Ariffin, 2017. "An applicable method for modifying over-allocated multi-mode resource constraint schedules in the presence of preemptive resources," Annals of Operations Research, Springer, vol. 259(1), pages 85-117, December.
    6. Kerkhove, L.-P. & Vanhoucke, M., 2017. "Optimised scheduling for weather sensitive offshore construction projects," Omega, Elsevier, vol. 66(PA), pages 58-78.

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