scholarly journals Optimal Hedging: Managing Time and Cost Uncertainty in the Stochastic Time-Cost-Quality Tradeoff Project Scheduling Problem

2021 ◽  
Vol 27 (1) ◽  
pp. 01
Author(s):  
Bruce Pollack-Johnson ◽  
Matthew J. Liberatore
Keyword(s):  
Project Scheduling ◽  
Scheduling Problem ◽  
Time Cost ◽  
Cost Uncertainty ◽  
Optimal Hedging ◽  
Project Scheduling Problem ◽  
Stochastic Time

scholarly journals A Scenario Based Stochastic Time-Cost-Quality Trade-Off model for Project Scheduling Problem

2014 ◽  
Vol 2 (5) ◽  
pp. 7-12
Author(s):  
Hêriş Golpîra
Keyword(s):  
Project Scheduling ◽  
Scheduling Problem ◽  
Computational Results ◽  
Time Cost ◽  
New Approach ◽  
Trade Off ◽  
Optimization Formulation ◽  
Project Scheduling Problem ◽  
Multi Phase ◽  
Stochastic Time

This paper formulates a new time–cost trade-off problem under some uncertainties for a multi-phase project. To do this, a new approach is proposed based on goal programming in compliance with scenario-based stochastic optimization formulation. To the best of our knowledge, this problem has not been extensively treated in the literature. Computational results show the applicability and usefulness of the proposed method.

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