A decomposition-based stochastic programming approach for the project scheduling problem under time/cost trade-off settings and uncertain durations

2010 ◽  
Vol 37 (12) ◽  
pp. 2131-2140 ◽  
Author(s):  
E. Klerides ◽  
E. Hadjiconstantinou
Author(s):  
Hêriş Golpîra

This paper formulates a new time–cost trade-off problem under some uncertainties for a multi-phase project. To do this, a new approach is proposed based on goal programming in compliance with scenario-based stochastic optimization formulation. To the best of our knowledge, this problem has not been extensively treated in the literature. Computational results show the applicability and usefulness of the proposed method.


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