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Maximizing projects' profitability, environmental score, and quality: a multi-project scheduling and material
Farhad Habibi1, Ripon Kumar Chakrabortty2, Alireza Abbasi2
1School of Engineering and Information Technology, University of New South Wales, Northcott Drive, Campbell, Canberra, ACT 2600, Australia. f.habibi@adfa.edu.au.
This study introduces a multi-project scheduling and material ordering approach (MPSMOP) to balance costs, environmental impact, and quality. It optimizes project planning for better economic, environmental, and quality outcomes.
Area of Science:
- Construction Management
- Operations Research
- Environmental Engineering
Background:
- Project planning often overlooks cost trade-offs, leading to inaccurate scheduling and increased expenses, particularly in multi-project settings.
- Optimizing project costs, environmental impact, and quality simultaneously is crucial for sustainable and efficient project execution.
Purpose of the Study:
- To propose a combined approach for the multi-project scheduling and material ordering problem (MPSMOP).
- To maintain a proper trade-off among various project costs while optimizing environmental impact and project quality alongside economic criteria.
- To develop a tri-objective optimization model for maximizing net present value, environmental score, and total quality.
Main Methods:
- Quantifying supplier environmental performance.
- Measuring activity quality using the Construction Quality Assessment System.
- Developing and solving a tri-objective mathematical model for MPSMOP using customized metaheuristics.
Main Results:
- The proposed MPSMOP model effectively balances economic, environmental, and quality objectives in project scheduling and material ordering.
- Customized metaheuristics demonstrated efficiency in solving the complex, nondeterministic polynomial optimization problem.
- The framework's validity was confirmed through application to railway construction projects in Iran.
Conclusions:
- The developed framework provides a robust solution for the multi-project scheduling and material ordering problem.
- Managers can utilize the model's decision-making options to enhance project economic, environmental, and quality performance.
- This integrated approach is vital for improving overall project management in complex construction environments.
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