1. An Innovative Time-Cost-Quality Tradeoff Modeling of Building Construction Project Based on Resource Allocation
- Author
-
Hu, Wenfa and He, Xinhua
- Subjects
Quality Control ,Construction management ,Article Subject ,Integrated project delivery ,Computer science ,media_common.quotation_subject ,lcsh:Medicine ,lcsh:Technology ,General Biochemistry, Genetics and Molecular Biology ,Resource Allocation ,Task (project management) ,Genetic algorithm ,Quality (business) ,Graphics ,lcsh:Science ,General Environmental Science ,media_common ,lcsh:T ,Management science ,Construction Industry ,lcsh:R ,Pre-construction services ,General Medicine ,Models, Theoretical ,Industrial engineering ,Organizational Innovation ,Time and Motion Studies ,Resource allocation ,lcsh:Q ,Research Article - Abstract
The time, quality, and cost are three important but contradictive objectives in a building construction project. It is a tough challenge for project managers to optimize them since they are different parameters. This paper presents a time-cost-quality optimization model that enables managers to optimize multiobjectives. The model is from the project breakdown structure method where task resources in a construction project are divided into a series of activities and further into construction labors, materials, equipment, and administration. The resources utilized in a construction activity would eventually determine its construction time, cost, and quality, and a complex time-cost-quality trade-off model is finally generated based on correlations between construction activities. A genetic algorithm tool is applied in the model to solve the comprehensive nonlinear time-cost-quality problems. Building of a three-storey house is an example to illustrate the implementation of the model, demonstrate its advantages in optimizing trade-off of construction time, cost, and quality, and help make a winning decision in construction practices. The computational time-cost-quality curves in visual graphics from the case study prove traditional cost-time assumptions reasonable and also prove this time-cost-quality trade-off model sophisticated.
- Published
- 2014