IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2406.02102.html
   My bibliography  Save this paper

Simulation-based approach for Multiproject Scheduling based on composite priority rules

Author

Listed:
  • Pablo Alvarez-Campana
  • Felix Villafanez
  • Fernando Acebes
  • David Poza

Abstract

This paper presents a simulation approach to enhance the performance of heuristics for multi-project scheduling. Unlike other heuristics available in the literature that use only one priority criterion for resource allocation, this paper proposes a structured way to sequentially apply more than one priority criterion for this purpose. By means of simulation, different feasible schedules are obtained to, therefore, increase the probability of finding the schedule with the shortest duration. The performance of this simulation approach was validated with the MPSPLib library, one of the most prominent libraries for resource-constrained multi-project scheduling. These results highlight the proposed method as a useful option for addressing limited time and resources in portfolio management.

Suggested Citation

  • Pablo Alvarez-Campana & Felix Villafanez & Fernando Acebes & David Poza, 2024. "Simulation-based approach for Multiproject Scheduling based on composite priority rules," Papers 2406.02102, arXiv.org.
    • Handle: RePEc:arx:papers:2406.02102
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2406.02102
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. A. Alan B. Pritsker & Lawrence J. Waiters & Philip M. Wolfe, 1969. "Multiproject Scheduling with Limited Resources: A Zero-One Programming Approach," Management Science, INFORMS, vol. 16(1), pages 93-108, September.
    2. Kolisch, Rainer, 1996. "Serial and parallel resource-constrained project scheduling methods revisited: Theory and computation," European Journal of Operational Research, Elsevier, vol. 90(2), pages 320-333, April.
    3. Jacek Blazewicz & Klaus H. Ecker & Erwin Pesch & Günter Schmidt & Malgorzata Sterna & Jan Weglarz, 2019. "Handbook on Scheduling," International Handbooks on Information Systems, Springer, edition 2, number 978-3-319-99849-7, November.
    4. Osman Hürol Türkakın & David Arditi & Ekrem Manisalı, 2021. "Comparison of Heuristic Priority Rules in the Solution of the Resource-Constrained Project Scheduling Problem," Sustainability, MDPI, vol. 13(17), pages 1-17, September.
    5. I. Kurtulus & E. W. Davis, 1982. "Multi-Project Scheduling: Categorization of Heuristic Rules Performance," Management Science, INFORMS, vol. 28(2), pages 161-172, February.
    Full references (including those not matched with items on IDEAS)

    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. Adhau, Sunil & Mittal, M.L. & Mittal, Abhinav, 2013. "A multi-agent system for decentralized multi-project scheduling with resource transfers," International Journal of Production Economics, Elsevier, vol. 146(2), pages 646-661.
    2. Schirmer, Andreas & Riesenberg, Sven, 1997. "Parameterized heuristics for project scheduling: Biased random sampling methods," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 456, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    3. Anıl Can & Gündüz Ulusoy, 2014. "Multi-project scheduling with two-stage decomposition," Annals of Operations Research, Springer, vol. 217(1), pages 95-116, June.
    4. Browning, Tyson R. & Yassine, Ali A., 2010. "Resource-constrained multi-project scheduling: Priority rule performance revisited," International Journal of Production Economics, Elsevier, vol. 126(2), pages 212-228, August.
    5. Salewski, Frank & Schirmer, Andreas & Drexl, Andreas, 1996. "Project Scheduling under Resource and Mode Identity Constraints. Part II: An Application to Audit-Staff Scheduling," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 388, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    6. Naber, Anulark & Kolisch, Rainer, 2014. "MIP models for resource-constrained project scheduling with flexible resource profiles," European Journal of Operational Research, Elsevier, vol. 239(2), pages 335-348.
    7. Hartmann, Sönke & Briskorn, Dirk, 2010. "A survey of variants and extensions of the resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 207(1), pages 1-14, November.
    8. Gonçalves, J.F. & Mendes, J.J.M. & Resende, M.G.C., 2008. "A genetic algorithm for the resource constrained multi-project scheduling problem," European Journal of Operational Research, Elsevier, vol. 189(3), pages 1171-1190, September.
    9. Kolisch, Rainer, 1994. "Serial and parallel resource-constrained projekt scheduling methodes revisited: Theory and computation," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 344, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    10. Yaghoubi, Saeed & Noori, Siamak & Azaron, Amir & Fynes, Brian, 2015. "Resource allocation in multi-class dynamic PERT networks with finite capacity," European Journal of Operational Research, Elsevier, vol. 247(3), pages 879-894.
    11. Krüger, Doreen & Scholl, Armin, 2009. "A heuristic solution framework for the resource constrained (multi-)project scheduling problem with sequence-dependent transfer times," European Journal of Operational Research, Elsevier, vol. 197(2), pages 492-508, September.
    12. Gómez Sánchez, Mariam & Lalla-Ruiz, Eduardo & Fernández Gil, Alejandro & Castro, Carlos & Voß, Stefan, 2023. "Resource-constrained multi-project scheduling problem: A survey," European Journal of Operational Research, Elsevier, vol. 309(3), pages 958-976.
    13. Bartels, J.-H. & Zimmermann, J., 2009. "Scheduling tests in automotive R&D projects," European Journal of Operational Research, Elsevier, vol. 193(3), pages 805-819, March.
    14. Van Eynde, Rob & Vanhoucke, Mario, 2022. "New summary measures and datasets for the multi-project scheduling problem," European Journal of Operational Research, Elsevier, vol. 299(3), pages 853-868.
    15. Böttcher, Jan & Drexl, Andreas & Kolisch, Rainer & Salewski, Frank, 1996. "Project scheduling under partially renewable resource constraints," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 398, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    16. Ben Issa, Samer & Patterson, Raymond A. & Tu, Yiliu, 2021. "Solving resource-constrained multi-project environment under different activity assumptions," International Journal of Production Economics, Elsevier, vol. 232(C).
    17. T Wauters & K Verbeeck & G Vanden Berghe & P De Causmaecker, 2011. "Learning agents for the multi-mode project scheduling problem," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(2), pages 281-290, February.
    18. Lova, Antonio & Maroto, Concepcion & Tormos, Pilar, 2000. "A multicriteria heuristic method to improve resource allocation in multiproject scheduling," European Journal of Operational Research, Elsevier, vol. 127(2), pages 408-424, December.
    19. Kolisch, Rainer & Hartmann, Sönke, 1998. "Heuristic algorithms for solving the resource-constrained project scheduling problem: Classification and computational analysis," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 469, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    20. Salewski, Frank & Schirmer, Andreas & Drexl, Andreas, 1997. "Project scheduling under resource and mode identity constraints: Model, complexity, methods, and application," European Journal of Operational Research, Elsevier, vol. 102(1), pages 88-110, October.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:arx:papers:2406.02102. 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: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    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.