scholarly journals MANAGEMENT OF ACCELERATION TIME BY USING TIME COST TRADE OFF METHOD ON CONSTRUCTION PROJECT OF INTEGRATED OFFICE OF SAMARINDA

2017 ◽  
Vol 69 (9) ◽  
pp. 140-146
Author(s):  
W.Y. Rio ◽  
E.H.D. Putranto ◽  
L. Mulyadi
Keyword(s):  
Construction Project ◽  
Time Cost ◽  
Trade Off ◽  
Acceleration Time

scholarly journals Trading off Time–Cost–Quality in Construction Project Scheduling Problems with Fuzzy SWARA–TOPSIS Approach

Buildings ◽  
2021 ◽  
Vol 11 (9) ◽  
pp. 387
Author(s):  
Sayyid Ali Banihashemi ◽  
Mohammad Khalilzadeh ◽  
Jurgita Antucheviciene ◽  
Jonas Šaparauskas
Keyword(s):  
Decision Making ◽  
Project Scheduling ◽  
Construction Projects ◽  
Construction Project ◽  
Solution Technique ◽  
Time Cost ◽  
Trade Off ◽  
Project Activity ◽  
Project Objectives ◽  
Construction Project Scheduling

The increasing number of construction projects together with the limited resources of organizations led to tough competition for achieving project goals. Time, cost, and quality have been known as the project iron triangle. Project managers attempt to allocate the appropriate resources and make the best decisions for accomplishing projects with the shortest durations, lowest costs, and the highest quality. No study has examined the time–cost–quality trade-off problem with decision-making approaches. In this study, the fuzzy multi-criteria decision-making (MCDM) methods are exploited to choose the best mode for performing each activity. For this purpose, the SWARA method is applied to determine the importance weights of time, cost, and quality. In addition, the TOPSIS (Technique for the Order Preference by Similarity to Ideal Solution) technique is used to rank and select the best activity execution modes. The proposed model is implemented on two medium- and large-size construction projects to evaluate its efficiency. Several execution modes with fuzzy duration, cost, and quality are considered for each project activity. Finally, sensitivity analysis is conducted taking three different conditions into account: the shortest duration of the execution modes, the lowest cost of the execution modes, and the highest quality of execution modes for each activity. The solution of each trade-off is compared with the solution obtained from the fuzzy SWARA–TOPSIS method. The schedule is developed according to the best execution mode for each project activity. The obtained results in two different construction projects show significant improvements in the overall project objectives so that the projects can be completed in fewer durations and costs along with higher quality. Because of the higher importance of cost, the cost of each activity is closer to the lowest cost. The activity duration is also closer to the most likely duration, and quality is closer to the high-quality level. The application of this approach can create new opportunities for research and knowledge development in the field of construction project scheduling.

Time–cost–quality trade-off analysis for planning construction projects

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tianqi Wang ◽  
Moatassem Abdallah ◽  
Caroline Clevenger ◽  
Shahryar Monghasemi
Keyword(s):  
Optimization Model ◽  
Construction Projects ◽  
Present Model ◽  
Construction Project ◽  
Time Cost ◽  
Trade Off ◽  
Content Type ◽  
Project Duration ◽  
Trade Offs ◽  
Project Objectives

Purpose Achieving project objectives in constructionprojects such as time, cost and quality is a challenging task. Minimizing project cost often results in additional project duration and might jeopardize quality, and minimizing project duration often results in additional cost and might jeopardize quality. Also, increasing construction quality often results in additional cost and time. The purpose of this paper is to identify and analyze trade-offs among the project objectives of time, cost and quality. Design/methodology/approach The optimization model adopted a quantitative research method and is developed in two main steps formulation step that focuses on identifying model decision variables and formulating objective functions, and implementation step that executes the model computations using multi-objective optimization of Non-Dominated Sorting Genetic Algorithms to identify the aforementioned trade-offs, and codes the model using python. The model performance is verified and tested using a case study of construction project consisting of 20 activities. Findings The model was able to show practical and needed value for construction managers by identifying various trade-off solutions between the project objectives of time, cost and quality. For example, the model was able to identify the shortest project duration at 84 days while keeping cost under $440,000 and quality higher than 85 percent. However, with an additional budget of $20,000 (4.5 percent increase), the quality can be increased to 0.935 (8.5 percent improvement). Research limitations/implications The present research work is limited to project objectives of time, cost and quality. Future expansion of the model will focus on additional project objectives such as safety and sustainability. Furthermore, new optimization models can be developed for construction projects with repetitive nature such as roads, tunnels and high rise buildings. Practical implications The present model advances existing research in planning construction projects efficiently and achieving important project objectives. On the practical side, the optimization model will support the construction industry by allowing construction managers to identify the highest quality to deliver a construction project within specified budget and duration, lowest cost for specified duration and quality or shortest duration for specified budget and quality. Originality/value The present model introduces new and innovative method of increasing working hours per day and number of working days per shift while analyzing labor working efficiency and overtime rate to identify optimal trade-offs among important project objectives of time, cost and quality.

PERCEPATAN JADWAL KONSTRUKSI DAN PENGARUHNYA TERHADAP BIAYA PENYELESAIAN PROYEK KONSTRUKSI

2021 ◽  
Vol 2 (1) ◽  
pp. 23-58
Author(s):  
Felix Setiawan ◽  
Syapril Janizar
Keyword(s):  
Construction Project ◽  
Working Hours ◽  
Capacity Expansion ◽  
Time Cost ◽  
Trade Off ◽  
Toll Road ◽  
Road Capacity ◽  
Project Construction ◽  
The Cost ◽  
Service Standards

Means of transportation at present is very important to continue to be built effectively and efficiently to the level of fluency and accuracy of time toward the goal easier and faster and to meet minimum service standards of the highway. In line with that so that the toll road remain in the minimum service standards need to be additional road capacity to effectively and efficiently for that it is necessary to study whether the possible acceleration of road capacity expansion projects, so that the level of minimum service standards can be maintained and to what extent the effect of accelerating the schedule project on development costs.One method that can be used to analyze the effect of accelerating the project towards the costs is to analyze the exchange of money and time (time cost trade off).Variables used in the calculation of "Acceleration Schedule of Construction and Completion Costs Effect on Construction Project "is the direct labor, equipment, overtime working hours, method of construction, all have an influence on the different costs, acceleration (crash) or compression of time that have done the job and the biggest costs related to the work that has the greatest cost , a benefit if the toll road opened in advance of the acceleration due to a smaller project compared to the costs required for expediting the project construction on this project, based on the cost of the acceleration is not necessary because the costs to perform a greater acceleration when compared with a benefit.

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