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Models for project management

Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, Operations Research Center, 2000. / Also available online at the DSpace at MIT website. / Includes bibliographical references (p. 119-122). / Organizations perform work essentially through operations and projects. The characteristics of projects makes them extremely difficult to manage: their non repetitive nature discards the trial and error learning, while their short life span is particularly unforgiving to misjudgments. Some authors have found that effective scheduling is an important contributor to the success of research and development (R&D), as well as construction projects. The widely used critical path method for scheduling projects and identifying important activities fails to capture two important dimensions of the problem: the availability of different technologies (or options) to perform the activities, and the inherent problem of limited availability of resources that most managers face. Nevertheless, when one tries to account for such additional constraints, the problems become very hard to solve. In this thesis we propose an approach to the scheduling problem using a genetic algorithm, and try to compare its performance to more traditional approaches, such as an extension to a very innovative Lagrangian relaxation approach recently proposed. The purpose of using genetic algorithms is twofold: first to obtain good approximations to very hard problems, and second to realize the limitations and virtues of this search technique. The purpose of this thesis is not only to develop the algorithms, but also to obtain insight about the implications of the additional constraints in the perspective of a project manager. / by Eduardo B. Messmacher. / S.M.

Identiferoai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/9217
Date January 2000
CreatorsMessmacher, Eduardo B. (Eduardo Bernhart), 1972-
ContributorsDonald Rosenfield., Massachusetts Institute of Technology. Operations Research Center., Massachusetts Institute of Technology. Operations Research Center.
PublisherMassachusetts Institute of Technology
Source SetsM.I.T. Theses and Dissertation
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Format122 p., 9567832 bytes, 9567591 bytes, application/pdf, application/pdf, application/pdf
RightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582

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