Paper Info
Title
Multi-objective optimization and risk assessment in system engineering project planning by Ant Colony Algorithm
Abstract
This article addresses the multi-objective optimization in system engineering project planning. At the earliest steps of a system engineering process, many choices can be done taking into account experience feedback. An approach that permits to a decision maker to perform the selection of scenarios during a project is presented. The objectives to optimize are the total cost of the project, its total duration and the global risk. An algorithm based on the Ant Colony Algorithm (ACO) and the Pareto front principles is used. It permits to explore the objective space and to propose to the decision makers Pareto-optimal solutions that are distributed on the Pareto front. The method permits to select solutions (different scenarios for a project) taking into account the risk that a problem arises. The ACO has been developed with the Ruby language and some experiments have been done in order to validate the approach.
Year
DOI
Venue
2014
10.1109/IEEM.2014.7058676
Industrial Engineering and Engineering Management
Keywords
Field
DocType
Pareto optimisation,ant colony optimisation,decision making,project management,risk management,systems engineering,ACO algorithm,Pareto front principles,Pareto-optimal solutions,Ruby language,ant colony algorithm,decision making,global risk optimization,multiobjective optimization,objective space,risk assessment,system engineering process,system engineering project planning,total duration optimization,total project cost optimization,Ant Colony Algorithm,Multi-objective optimization,System engineering project planning,risk assessment
Ant colony optimization algorithms,Mathematical optimization,Systems engineering,Risk assessment,Multi-objective optimization,Project planning,Engineering,Engineering optimization,Total cost,Decision maker,Operations management,Metaheuristic
Conference
ISSN
Citations 
PageRank 
2157-3611
0
0.34
References 
Authors
3
4
Name
Order
Citations
PageRank
Pablo Baroso100.34
Thierry Coudert2277.91
Éric Villeneuve321.39
Laurent Geneste410714.82