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Project duration planning method based on the combination use of genetic algorithm and Monte Carlo simulation

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3 Author(s)
Nagai, M. ; Fac. of Eng., Kanagawa Univ., Yokohama, Japan ; Kurihara, K. ; Nishiuchi, N.

This paper proposes a new method to plan project durations that are modeled as stochastic networks such as the GERT network. Since stochastic networks have a variable time and a branching probability for each arrow, the total duration of the network is also modeled as a variable. In order to complete the project by the desired date with a certain confidence, the variable times or branching probabilities of the network should be designed appropriately. We propose a planning method for branching probabilities to realize the desired project duration using GA and Monte Carlo simulation.

Published in:

Systems, Man and Cybernetics, 2002 IEEE International Conference on  (Volume:5 )

Date of Conference:

6-9 Oct. 2002

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