A New Mathematical Approach based on Conic Quadratic Programming for the Stochastic Time-Cost Tradeoff Problem in Project Management

A New Mathematical Approach based on Conic Quadratic Programming for the Stochastic Time-Cost Tradeoff Problem in Project Management

In this paper, we consider a stochastic Time-Cost Tradeoff Problem (TCTP) in PERT networks for project management, in which all activities are subjected to a linear cost function and assumed to be exponentially distributed. The aim of this problem is to maximize the project completion probability wi...

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Bibliographic Details
Main Authors: M. Reza Peyghami, Abdollah Aghaie, Hadi Mokhtari
Format: Article
Language:English
Published: Iran University of Science & Technology 2013-09-01
Series:International Journal of Industrial Engineering and Production Research
Subjects:
Project Management
Conic Optimization
Time-Cost Tradeoff Problem
Interior Point Methods
Monte Carlo Simulation
Online Access:http://ijiepr.iust.ac.ir/browse.php?a_code=A-10-203-4&slc_lang=en&sid=1

Internet

http://ijiepr.iust.ac.ir/browse.php?a_code=A-10-203-4&slc_lang=en&sid=1

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