Application of Particle Swarm Optimisation in Multi-Objective Cost Optimisation of Engineering Enterprises under the Background of Digital Economy

Engineering projects must meet quality and schedule requirements during construction. This is a typical multi-objective problem and a difficult point in the management of engineering enterprises. To address these issues, a research study proposes an intelligent multi-objective optimisation technique. First, analyse the optimisation objectives of the enterprise in the context of digitalisation. Then, construct a multi-objective cost optimisation model for engineering enterprises. Second, the Multi-Objective Particle Swarm Optimisation (MOPSO) algorithm is introduced to solve multi- objective problems. To improve the multi-objective optimisation effect of the model, the inertia weight parameters and particle learning behaviour are optimised and adjusted, as the model is prone to getting stuck in local optima. In the performance test of the algorithm model, the optimised MOPSO model can accurately search for the minimum value of 0 at the position (0, 0) under the Rastrig in function, and at the same time, the number of iteration convergence is the least. The GA, ACOM, and traditional MOPSO models have more iterative convergence times, and the optimisation results are 0.10, 0.15, and 0.14, respectively. It can be seen that the performance of the optimised MOPSO model is better. In the specific example analysis, using the optimised MOPSO solution, the project cost was reduced from 31 million yuan in the contract to 30.52 million yuan, and the construction period was shortened from 588 days to 540 days, and met the environmental protection and quality requirements. The research content can provide important decision support for engineering project managers.