PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT
The article presents the problem of the financial optimisation of a multi-stage project from the contractor's perspective, where customer's payments are analysed as a cash inflow (contractor's revenues) after completing contractual stages and contractor's expenses incurred for th...
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| Format: | Article |
| Language: | English |
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Polish Association for Knowledge Promotion
2017-12-01
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| Series: | Applied Computer Science |
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| Online Access: | http://www.acs.pollub.pl/pdf/v13n4/2.pdf |
| _version_ | 1818454486504439808 |
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| author | Marcin KLIMEK |
| author_facet | Marcin KLIMEK |
| author_sort | Marcin KLIMEK |
| collection | DOAJ |
| description | The article presents the problem of the financial optimisation of a multi-stage project from the contractor's perspective, where customer's payments are analysed as a cash inflow (contractor's revenues) after completing contractual stages and contractor's expenses incurred for the activities executed. In order to solve the problem, priority algorithms are proposed: single-pass and multi-pass ones, using different priority rules and tech-niques for generating solutions dedicated to the investigated optimisation model. The article presents a comparison of the effectiveness of individual algorithms in the case of adequately prepared test problems. |
| first_indexed | 2024-12-14T21:55:39Z |
| format | Article |
| id | doaj.art-74b4a2b850354123a738a27e0160701a |
| institution | Directory Open Access Journal |
| issn | 1895-3735 2353-6977 |
| language | English |
| last_indexed | 2024-12-14T21:55:39Z |
| publishDate | 2017-12-01 |
| publisher | Polish Association for Knowledge Promotion |
| record_format | Article |
| series | Applied Computer Science |
| spelling | doaj.art-74b4a2b850354123a738a27e0160701a2022-12-21T22:46:07ZengPolish Association for Knowledge PromotionApplied Computer Science1895-37352353-69772017-12-01134203410.23743/acs-2017-26PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECTMarcin KLIMEK0State School of Higher Education, Department of Computer Science, Sidorska 95 - 97, Biala Podlaska, m.klimek@dydaktyka.pswbp.plThe article presents the problem of the financial optimisation of a multi-stage project from the contractor's perspective, where customer's payments are analysed as a cash inflow (contractor's revenues) after completing contractual stages and contractor's expenses incurred for the activities executed. In order to solve the problem, priority algorithms are proposed: single-pass and multi-pass ones, using different priority rules and tech-niques for generating solutions dedicated to the investigated optimisation model. The article presents a comparison of the effectiveness of individual algorithms in the case of adequately prepared test problems.http://www.acs.pollub.pl/pdf/v13n4/2.pdfresource-constrained multi-stage project schedulingdiscounted cash flowsmilestonespriority algorithms |
| spellingShingle | Marcin KLIMEK PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT Applied Computer Science resource-constrained multi-stage project scheduling discounted cash flows milestones priority algorithms |
| title | PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT |
| title_full | PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT |
| title_fullStr | PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT |
| title_full_unstemmed | PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT |
| title_short | PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT |
| title_sort | priority algorithms for the problem of financial optimisation of a multi stage project |
| topic | resource-constrained multi-stage project scheduling discounted cash flows milestones priority algorithms |
| url | http://www.acs.pollub.pl/pdf/v13n4/2.pdf |
| work_keys_str_mv | AT marcinklimek priorityalgorithmsfortheproblemoffinancialoptimisationofamultistageproject |