Time Cost Optimization Techniques in Construction Industries-A Review Article

Forfattere

  • B Prakash Rao Manipal University Manipal
  • Abhishek R Manipal University, Manipal.

Resumé

Construction project scheduling and optimizing the schedule has received a considerable amount of attention over the last few decades. Completion of a project in optimum time and minimum cost is a challenge in every project. There are many methods and algorithms available; using which time cost optimization (TCO) can be achieved. This article gives a review on critical path method (CPM), linear programming (LP), genetic algorithm (GA) and ant colony optimization (ACO); which are most commonly used techniques in optimization. An attempt has been made to identify the future scope of work in this area.  Keywords: Optimization, construction, resources, methods, crashingCite this Article Prakash Rao B, Abhishek R. Time Cost Optimization Techniques in Construction Industries-A Review Article. Journal of Construction Engineering, Technology and Management. 2015; 5(2): 28–32p.

Forfatterbiografier

  • B Prakash Rao, Manipal University Manipal
    Associate Professor (Senior Scale)Dept. of Civil Engineering,MIT,Manipal University,Manipal.
  • Abhishek R, Manipal University, Manipal.
    Second Semester, MTech (Construction Engineering and Management),Dept. of Civil Engineering,MIT,Manipal University,Manipal.

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Publiceret

2015-06-03

Nummer

Årg. 5 Nr. 2 (2015)

Sektion

Review Articles

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