2022
DOI: 10.1016/j.autcon.2021.104002
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Streamlined project time-cost tradeoff optimization methodology: Algorithm, automation, and application

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Cited by 12 publications
(6 citation statements)
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“…price difference by the acceleration time[31]. The project will benefit from speeding up time[32][33].…”
mentioning
confidence: 99%
“…price difference by the acceleration time[31]. The project will benefit from speeding up time[32][33].…”
mentioning
confidence: 99%
“…In this study, population size will be calibrated after the crossover operator according to Eqs. (19) and (20).…”
Section: Genetic Algorithm For Discrete Time-cost Trade-off Problemmentioning
confidence: 99%
“…Techniques proposed for solution of TCTP mainly include exact methods, heuristics, and meta-heuristics. Traditionally TCTP has been modelled by mathematical programming such as linear programming [15], dynamic programming [16], hybrid linear/integer programming [17], branch-and-bound algorithm [18], integer programming [19], mixed integer programming [20], mixed integer nonlinear programming [21] and network reduction approaches [22]. The literature on heuristics for DTCTP is limited to the methods proposed by Fondahl [23], Siemens [4], Goyal [5], Moselhi [24], Bettemir and Birgonul [25] and Sonmez et al [26].…”
Section: Introductionmentioning
confidence: 99%
“…By implementing the project time-cost tradeoff optimization method proposed by Nasiri and Lu (2022), the same 170 days project duration is obtained, but the total project cost reduces to $713,586, which represents considerable cost-saving of $58,813 (7.6%) against the solution from P6. The updated project schedule solution are closely examined and verified, revealing that 76 out of the 100 activities do not need to be crashed to the most expensive method option (or the shortest activity time practically feasible) with 5%-40% further crashing availability being reserved.…”
Section: Safety-centric Acceleration Planningmentioning
confidence: 99%
“…Safety-centric schedule acceleration planning inevitably drives up activity cost, presenting a dilemma in managing construction projects in the real world: how to control the increase of cost while at the same time not compromising on safety? The solution lies in the global level total project time and cost analysis by taking advantage of the simplified method for the project time–cost tradeoff optimization analysis proposed by Nasiri and Lu (2022). Herein, given a project network model, the total project cost is to aggregate activity-specific costs on all the individual activities of a project resulting from the application of the proposed safety-centric analysis–which is essentially the direct cost commonly defined in TCT optimization.…”
Section: Proposed Application Frameworkmentioning
confidence: 99%