The discrete time –cost trade-off problem (DTCTP) is one of the main aspects of project scheduling. In DTCTP , we treat cost as a non-renewable resource and the availability of renewable resource per period has been neglected. It was recently suggested that the quality of project should also be taken into consideration. Therefore, when renewable resources and quality are considered, the traditi...

Time -Cost trade-off is a known and important problem in project management, because project managers should decide that whether they want to shorten the time of a project and tolerate its execution costs or minimize the costs and accept delays. It was recently suggested that the quality of a project should also be taken into considerations in this decision-making. In this paper, a meta-heurist...

Construction planners often face the challenge of optimum resource utilization to compromise between different and usually conflicting aspects of projects. Time, cost and quality of project delivery are among the crucial aspects of each project. Emergence of new contracts that place an increasing pressure on maximizing the quality of projects while minimizing its time and cost, requires the dev...

The "Time trade-off" (TTO), is the most widely used method to "quality adjust" life years for "QALYs" in cost utility analysis. In this paper we ask if it is theoretically likely that the TTO is valid for this use. The TTO consists in a trade off between longevity and quality of life. Firstly, we argue that it is impossible to control for all factors that may influence one's willingness to sacr...

The main objective in the time cost trade-off problems has always been the reduction in the total cost. In the previous researches the total cost function has been defined 3 * corresponding author e-Mail: [email protected]

Research on a new metaheuristic for optimization is often initially focused on proof of concept applications. Time and cost are the most important factors to be considered in every construction project. Over the years, many research studies have been conducted to model the time-cost relationship. Construction planners often face the challenge of optimum resources utilization to compromise betwe...