IDEAS home Printed from https://ideas.repec.org/a/ete/revbec/20070305.html
   My bibliography  Save this article

A New Challenge in Project Scheduling. The Incorporation of Activity Failures

Author

Listed:
  • B. De Reyck
  • Y. Grushka-Cockayne
  • R. Leus

Abstract

The goal of this article is to survey the relevant literature on project scheduling with possible activity failures from a number of different disciplines, and to distill from these sources the formulation of a general optimization problem, the further study of which we would like to foster among the scheduling community. The model has been formulated with R&D projects in mind, but its study may be useful also for developing scheduling methods in other contexts. We discuss a number of different aspects of this task selection and scheduling model with task failures by means of a number of illustrative examples.

Suggested Citation

  • B. De Reyck & Y. Grushka-Cockayne & R. Leus, 2007. "A New Challenge in Project Scheduling. The Incorporation of Activity Failures," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(3), pages 410-435.
    • Handle: RePEc:ete:revbec:20070305
    as

    Download full text from publisher

    File URL: https://lirias.kuleuven.be/bitstream/123456789/161727/2/TEM_07-3-06_DeReyck.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jonathan F. Bard, 1985. "Parallel Funding of R&D Tasks with Probabilistic Outcomes," Management Science, INFORMS, vol. 31(7), pages 814-828, July.
    2. V. Krishnan & Shantanu Bhattacharya, 2002. "Technology Selection and Commitment in New Product Development: The Role of Uncertainty and Design Flexibility," Management Science, INFORMS, vol. 48(3), pages 313-327, March.
    3. Clyde L. Monma & Jeffrey B. Sidney, 1979. "Sequencing with Series-Parallel Precedence Constraints," Mathematics of Operations Research, INFORMS, vol. 4(3), pages 215-224, August.
    4. Boaz Ronen & Dan Trietsch, 1988. "A Decision Support System for Purchasing Management of Large Projects," Operations Research, INFORMS, vol. 36(6), pages 882-890, December.
    5. Viswanathan Krishnan & Steven D. Eppinger & Daniel E. Whitney, 1997. "A Model-Based Framework to Overlap Product Development Activities," Management Science, INFORMS, vol. 43(4), pages 437-451, April.
    6. Herroelen, Willy S. & Van Dommelen, Patrick & Demeulemeester, Erik L., 1997. "Project network models with discounted cash flows a guided tour through recent developments," European Journal of Operational Research, Elsevier, vol. 100(1), pages 97-121, July.
    7. William J. Abernathy & Richard S. Rosenbloom, 1969. "Parallel Strategies in Development Projects," Management Science, INFORMS, vol. 15(10), pages 486-505, June.
    8. A. G. Lockett & A. E. Gear, 1973. "Representation and Analysis of Multi-Stage Problems in R & D," Management Science, INFORMS, vol. 19(8), pages 947-960, April.
    9. Daniel Granot & Dror Zuckerman, 1991. "Optimal Sequencing and Resource Allocation in Research and Development Projects," Management Science, INFORMS, vol. 37(2), pages 140-156, February.
    10. Ming Ding & Jehoshua Eliashberg, 2002. "Structuring the New Product Development Pipeline," Management Science, INFORMS, vol. 48(3), pages 343-363, March.
    11. Weitzman, Martin L, 1979. "Optimal Search for the Best Alternative," Econometrica, Econometric Society, vol. 47(3), pages 641-654, May.
    12. Herroelen, Willy & Leus, Roel, 2005. "Project scheduling under uncertainty: Survey and research potentials," European Journal of Operational Research, Elsevier, vol. 165(2), pages 289-306, September.
    13. Rema Padman & Dwight E. Smith‐Daniels & Vicki L. Smith‐Daniels, 1997. "Heuristic scheduling of resource‐constrained projects with cash flows," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(4), pages 365-381, June.
    14. Eric V. Denardo & Uriel G. Rothblum & Ludo Van der Heyden, 2004. "Index Policies for Stochastic Search in a Forest with an Application to R&D Project Management," Mathematics of Operations Research, INFORMS, vol. 29(1), pages 162-181, February.
    15. Thomas A. Roemer & Reza Ahmadi, 2004. "Concurrent Crashing and Overlapping in Product Development," Operations Research, INFORMS, vol. 52(4), pages 606-622, August.
    16. Yosi Ben-Dov, 1981. "Optimal Testing Procedures for Special Structures of Coherent Systems," Management Science, INFORMS, vol. 27(12), pages 1410-1420, December.
    17. Richard Butterworth, 1972. "Some Reliability Fault-Testing Models," Operations Research, INFORMS, vol. 20(2), pages 335-343, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wenhui Zhao & Nicholas G. Hall & Zhixin Liu, 2020. "Project Evaluation and Selection with Task Failures," Production and Operations Management, Production and Operations Management Society, vol. 29(2), pages 428-446, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Scott A. Shane & Karl T. Ulrich, 2004. "50th Anniversary Article: Technological Innovation, Product Development, and Entrepreneurship in Management Science," Management Science, INFORMS, vol. 50(2), pages 133-144, February.
    2. Creemers, Stefan & De Reyck, Bert & Leus, Roel, 2015. "Project planning with alternative technologies in uncertain environments," European Journal of Operational Research, Elsevier, vol. 242(2), pages 465-476.
    3. Murali Agastya & Oleksii Birulin, 2023. "Optimal Task Scheduling under Adverse Selection and Hidden Actions," American Economic Journal: Microeconomics, American Economic Association, vol. 15(2), pages 660-698, May.
    4. Rostami, Salim & Creemers, Stefan & Wei, Wenchao & Leus, Roel, 2019. "Sequential testing of n-out-of-n systems: Precedence theorems and exact methods," European Journal of Operational Research, Elsevier, vol. 274(3), pages 876-885.
    5. Sonin, Isaac M., 2008. "A generalized Gittins index for a Markov chain and its recursive calculation," Statistics & Probability Letters, Elsevier, vol. 78(12), pages 1526-1533, September.
    6. Gülru F. Özkan-Seely & Cheryl Gaimon & Stylianos Kavadias, 2015. "Dynamic Knowledge Transfer and Knowledge Development for Product and Process Design Teams," Manufacturing & Service Operations Management, INFORMS, vol. 17(2), pages 177-190, May.
    7. Sam Ransbotham & Sabyasachi Mitra, 2010. "Target Age and the Acquisition of Innovation in High-Technology Industries," Management Science, INFORMS, vol. 56(11), pages 2076-2093, November.
    8. Indranil R. Bardhan & Vish V. Krishnan & Shu Lin, 2007. "Project Performance and the Enabling Role of Information Technology: An Exploratory Study on the Role of Alignment," Manufacturing & Service Operations Management, INFORMS, vol. 9(4), pages 579-595, May.
    9. Victoria L. Mitchell & Barrie R. Nault, 2007. "Cooperative Planning, Uncertainty, and Managerial Control in Concurrent Design," Management Science, INFORMS, vol. 53(3), pages 375-389, March.
    10. Greig, I.D., 1981. "Agricultural Research Management and the Ex Ante Evaluation of Research Proposals : A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 49(02), pages 1-22, August.
    11. Foad Iravani & Sriram Dasu & Reza Ahmadi, 2012. "A Hierarchical Framework for Organizing a Software Development Process," Operations Research, INFORMS, vol. 60(6), pages 1310-1322, December.
    12. Illana Bendavid & Boaz Golany, 2011. "Setting gates for activities in the stochastic project scheduling problem through the cross entropy methodology," Annals of Operations Research, Springer, vol. 189(1), pages 25-42, September.
    13. Nursel Kavlak & Gündüz Ulusoy & Funda Sivrikaya Şerifoğlu & Ş. İlker Birbil, 2009. "Client‐contractor bargaining on net present value in project scheduling with limited resources," Naval Research Logistics (NRL), John Wiley & Sons, vol. 56(2), pages 93-112, March.
    14. Lin, Jun & Chai, Kah Hin & Brombacher, Aarnout C. & Wong, Yoke San, 2009. "Optimal overlapping and functional interaction in product development," European Journal of Operational Research, Elsevier, vol. 196(3), pages 1158-1169, August.
    15. Wiesemann, Wolfram & Kuhn, Daniel & Rustem, Berç, 2010. "Maximizing the net present value of a project under uncertainty," European Journal of Operational Research, Elsevier, vol. 202(2), pages 356-367, April.
    16. Weglarz, Jan & Józefowska, Joanna & Mika, Marek & Waligóra, Grzegorz, 2011. "Project scheduling with finite or infinite number of activity processing modes - A survey," European Journal of Operational Research, Elsevier, vol. 208(3), pages 177-205, February.
    17. Morvarid Rahmani & Guillaume Roels & Uday S. Karmarkar, 2017. "Collaborative Work Dynamics in Projects with Co‐Production," Production and Operations Management, Production and Operations Management Society, vol. 26(4), pages 686-703, April.
    18. Thomas Selle & Jürgen Zimmermann, 2003. "A bidirectional heuristic for maximizing the net present value of large‐scale projects subject to limited resources," Naval Research Logistics (NRL), John Wiley & Sons, vol. 50(2), pages 130-148, March.
    19. Kimms, Alf, 1999. "Lagrangean relaxation for scheduling projects under resource constraints to maximize the net present value," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 504, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    20. Cheryl Gaimon & Manpreet Hora & Karthik Ramachandran, 2017. "Towards Building Multidisciplinary Knowledge on Management of Technology: An Introduction to the Special Issue," Production and Operations Management, Production and Operations Management Society, vol. 26(4), pages 567-578, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ete:revbec:20070305. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: library EBIB (email available below). General contact details of provider: https://edirc.repec.org/data/fekulbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.