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Optimisation of Project Duration and Costs Using Over-Working of Executors and Equipment When There Are Limitations for Their Maximum Units

  • Omer KurtanovićEmail author
  • Fatih Destović
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 76)

Abstract

This paper presents the engagement of resources of the type of workers and equipment on the project with their adopted normal working hours and the maximum allowed overtime work. At the same time, the two criteria, the duration and costs of the project are minimised, by introducing the overtime work of these resources and by importing their available quantities. It is noted that overtime work costs are generally higher than normal work hours and the required reduction in the duration of the project should be achieved with minimum additional costs. The problem has the final number of Pareto-optimal solutions. An illustrative example of a hypothetical project is solved using an interactive “analytic - project management software” approach.

Keywords

Project Management Project duration Project cost Regular work Overtime Available resources Multicriteria optimization Pareto-optimal solutions Software 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Faculty of EconomicsUniversity of BihacBihaćBosnia and Herzegovina
  2. 2.Faculty of Educational SciencesUniversity of SarajevoSarajevoBosnia and Herzegovina

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