Multi-objective Genetic Algorithm for the Time, Cost, and Quality Trade-Off Analysis in Construction Projects

Marco Alvise Bragadin, Luca Pozzi, Kalle Kähkönen

Tutkimustuotos: KonferenssiartikkeliScientificvertaisarvioitu

Abstrakti

Project management methods and practice address project success and the well-known “iron triangle” targeting time, cost, and quality trade-off have great importance in this process. Quality optimization, including safety and sustainability, plays a key role in construction project management choices. Since the relationship between quality, time and cost can be different from case to case, an application of artificial intelligence (AI) has been proposed for this purpose. The objective of the research work in this chapter is to demonstrate that AI applications can help project managers the trade-off between time, cost, and quality objectives. A comprehensive approach concerning three estimates of time, cost, and quality of project activities is proposed to optimize project performance in construction. The proposed approach implements a genetic algorithm (GA) to optimize project performances, with the aim of creating a decision support system for construction project managers. Genetic algorithm is an AI application that creates a learning optimization process that discards worse solutions and re-introduces better solutions to search for an optimal or sub-optimal solution. Therefore, time, cost, and quality trade-off can be performed by a multi-objective genetic algorithm that evaluates the effectiveness of various combinations, selecting better solutions with an iterative process. Therefore, the most suitable balance between the three project targets can be achieved. A simple case study of a deep renovation project of two residential is presented to evaluate the proposed approach with a sample application. This study contributes to the understanding of AI applications for construction management.

AlkuperäiskieliEnglanti
OtsikkoSDGs in Construction Economics and Organization - The 11th Nordic Conference on Construction Economics and Organisation CREON
ToimittajatGöran Lindahl, Stefan Christoffer Gottlieb
Sivut193-207
Sivumäärä15
ISBN (elektroninen)978-3-031-25498-7
DOI - pysyväislinkit
TilaJulkaistu - 2023
OKM-julkaisutyyppiA4 Artikkeli konferenssijulkaisussa
TapahtumaNordic Conference on Construction Economics and Organisation (CREON) - Copenhagen, Tanska
Kesto: 18 toukok. 202220 toukok. 2022

Julkaisusarja

NimiSpringer Proceedings in Business and Economics
ISSN (painettu)2198-7246
ISSN (elektroninen)2198-7254

Conference

ConferenceNordic Conference on Construction Economics and Organisation (CREON)
Maa/AlueTanska
KaupunkiCopenhagen
Ajanjakso18/05/2220/05/22

Julkaisufoorumi-taso

  • Jufo-taso 0

!!ASJC Scopus subject areas

  • Yleinen liiketoiminta, johto ja kirjanpito
  • Economics, Econometrics and Finance(all)

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