Fuzzy mathematical models for maximizing satisfaction of contractors and clients by considering flexible start date of the project

Document Type : Article

Authors

1 Department of Civil Engineering, Najafabad Branch, Islamic Azad University, Najafabad, Iran

2 Department of Management, Najafabad Branch, Islamic Azad University, Najafabad, Iran

3 Department of Mathematics, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, P.O. Box 81595-158, Iran

Abstract

Resource-Constrained Multi-Project Scheduling Problem (RCMPSP) is considered a significant topic in project management studies and many kinds of research have been carried out in this field which have been proposed numerous approaches. However, in most of them, the viewpoints of clients and contractors, two important stakeholders of the project are not directly considered. The current research tries to introduce a new approach of RCMPSP in order to schedule the project portfolio and allocate the budget as a limited resource simultaneously. In this way, first, the client's and contractors' budget satisfaction is defined. Then some budget allocation models have been proposed to maximize the clients' and the contractors’ satisfaction. These models consider constraints such as the minimum cost required for each project, the maximum budget for each period, and the flexibility for the start date of each project. To illustrate the proposed models, a real case of the project portfolio is considered.

Keywords


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Volume 29, Issue 3
Transactions on Industrial Engineering (E)
May and June 2022
Pages 1729-1741
  • Receive Date: 15 October 2019
  • Revise Date: 23 April 2020
  • Accept Date: 03 August 2020