Optimization of Multi-objective Time-cost Trade off Problem with Various Risk Zones
نویسندگان
چکیده
Time-cost trade off problem is one of the highly important issues in project accomplishment and has been ever taken into consideration by project managers. Time and cost as two critical objectives of construction project management, are not independent but intricately related. Time-cost optimization may be defined as a process to identify suitable construction activities for speeding up, and for deciding "by how much" so as to attain the best possible saving in both time and cost since there is a hidden trade off relationship between project time and cost, it might be difficult to predict whether the total cost (i.e. the direct and Indirect cost) would increase or decrease as a result of the schedule compression.
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