MULTI-OBJECTIVE OPTIMIZATION IN PROJECT SCHEDULING: BALANCING TIME, COST, AND QUALITY IN MULTI-FAMILY CONSTRUCTION
Project scheduling aims to balance competing time, cost, and quality objectives. Traditional scheduling methods like CPM focus on time optimization but cannot systematically consider trade-offs between objectives. This paper reviews state-of-the-art multi-objective optimization (MOO) techniques for construction project scheduling, focusing on multi- family projects. MOO provides a mathematical framework to balance multiple objectives simultaneously and evaluate trade-offs through Pareto-optimal solutions. Algorithms and mathematical programming methods applied to optimize time-cost quality are discussed. MOO offers advantages over traditional approaches by considering interactions, resource optimization, risk management, and dynamic adjustment capabilities. However, it's essential to know the challenges around data availability, computational complexity, model adaptability, and stakeholder buy-in when implementing optimization. Awareness of these challenges will help you prepare for and overcome them in your construction project scheduling. Keywords — project scheduling, multi-objective optimization, Pareto optimality, time-cost-quality trade-offs, multi-family construction, evolutionary algorithms, mathematical programming, Monte Carlo simulation, discrete-event simulation, risk management, resource optimization, stakeholder engagement, construction management.
Authors
- Aditya Pandit
Institutions
- Chesapeake Public Schools (US)
Publication Details
- Journal
- INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT
- Published
- 2025-03-24
- DOI
- https://doi.org/10.55041/ijsrem37178
- Primary Topic
- Construction Project Management and Performance
- Type
- article
- Field-Weighted Citation Impact
- 0.00