Multi-Objective Multi-mode Time-Cost Tradeoff modeling in Construction Projects Considering Productivity Improvement (2401.12388v1)

Abstract: In today's construction industry, poor performance often arises due to various factors related to time, finances, and quality. These factors frequently lead to project delays and resource losses, particularly in terms of financial resources. This research addresses the Multimode Resource-Constrained Project Scheduling Problem (MRCPSP), a real-world challenge that takes into account the time value of money and project payment planning. In this context, project activities exhibit discrete cost profiles under different execution conditions and can be carried out in multiple ways. This paper aims to achieve two primary objectives: minimizing the net present value of project costs and project completion times while simultaneously improving the project's productivity index. To accomplish this, a mathematical programming model based on certain assumptions is proposed. Several test cases are designed, and they are rigorously evaluated using the methodology outlined in this paper to validate the modeling approach. Recognizing the NP-hard nature of this problem, a multi-objective genetic algorithm capable of solving large-scale instances is developed. Finally, the effectiveness of the proposed solution is assessed by comparing it to the performance of the NSGA-II algorithm using well-established efficiency metrics. Results demonstrate the superior performance of the algorithm introduced in this study.