Journal of Uncertainty Analysis and Applications, volume 4, issue 1, publication number 12

Uncertain Resource-Constrained Project Scheduling Problem with Net Present Value Criterion

Chenkai Zhao 1
Hua Ke 1
Zhiyi Chen 2
Publication typeJournal Article
Publication date2016-12-19
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ISSN21955468
General Medicine
Abstract
On the basis of uncertainty theory, plenty of researches have been done on uncertain resource-constrained project scheduling problems. Instead of minimizing the makespan, in this paper, we address the maximization of net present value of a project’s cash flows when activity durations are assumed to be uncertain. In addition to precedence constraint and resource constraint involved in resource-constrained project scheduling problem, a deadline constraint is taken into account. Thus, our aim is to maximize net present value and to satisfy the deadline constraint as well. Accordingly, we introduce three models and utilize a revised estimation of distribution algorithm to solve this problem. This work may provide net present value criterion for financial officers on project scheduling.
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