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An improved algorithm to minimize the total completion time in a two-machine no-wait flow-shop with uncertain setup times
, Pages: 1-12 Muberra Allahverdi PDF (650K) |
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Abstract: Since scheduling literature has a wide range of uncertainties, it is crucial to take these into account when solving performance measure problems. Otherwise, the performance may severely be affected in a negative way. In this paper, an algorithm is proposed to minimize the total completion time (TCT) of a two-machine no-wait flowshop with uncertain setup times within lower and upper bounds. The results are compared to the best existing algorithm in scheduling literature: the programming language Python is used to generate random samples with respect to various distributions, and the TCT of the proposed algorithm is compared to that of the best existing one. Results reveal that the proposed one significantly outperforms the best one given in literature for all considered distributions. Specifically, the average percentage improvement of the proposed algorithm over the best existing one is over 90%. A test of hypothesis is conducted to further confirm the results. DOI: 10.5267/j.jpm.2021.9.001 Keywords: Flowshop scheduling, No-wait, Setup time, Uncertainty, Total completion time
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A new hybrid method for selecting the best project manager: TODIM-FSE and Behavioral TOPSIS
, Pages: 13-22 Yarly Queiroz de Lima and Luiz Flavio Autran Monteiro Gomes PDF (650K) |
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Abstract: This work aims to present the application of Multi-Criteria Decision-Making methods to the process of recruiting candidates for the position of project manager, considering aspects of the decision maker's preferences in uncertain and risk scenarios. Applied, descriptive and experimental, made up of the combined employment TODIM-FSE methods for multi-criteria classification of available candidates, and the method Behavioral TOPSIS, to choose the ideal project manager. The hybrid application of the Multi-Criteria Decision-Making methods TODIM-FSE, method based on Prospect Theory, and Behavioral TOPSIS, which considers the concept of loss aversion of Economic Behavior, is essentially innovative. When using TODIM-FSE and Behavioral TOPSIS, it was verified the explicit incorporation of the risk profile of the decision maker - aggressive, neutral, or conservative - in the context of aversion or propensity to the risks associated with the management of a project. Through the personal recruiting process from a large Brazilian organization, the possibility of adopting the hybrid model resulting from the combination of the two methods in a real situation was validated. Such validation allowed us to conclude that the candidates' classifications and choices, previously normally accepted, were at odds with the profile and risk propensity of the decision makers. DOI: 10.5267/j.jpm.2021.8.001 Keywords: Multi-Criteria Decision Making, TODIM-FSE, Behavioral TOPSIS, Recruitment, Project management
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Assessing public sector road construction projects’ critical success factors in a developing economy: Definitive stakeholders’ perspective
, Pages: 23-34 Isaac Sakyi Damoah, Anthony Ayakwah and Paul Twum PDF (650K) |
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Abstract: This study assessed the critical success factors (CSFs) of public-sector road construction projects execution from the perspective of definitive stakeholders associated with such projects by drawing on in-depth semi-structured interviews (16) and surveys (372) in Ghana, thirty-four (34) CSFs were identified. Using Relative Importance Index (RII), Spearman Rank Correlation Coefficients, and Kendall’s Coefficient of Concordance and the Chi-square test of significance statistics, the top ten most important factors in descending order are: the absence of political interference, project continuity by successive governments, adequate project funding, support from financial institutions and donor agencies and countries, government commitment to the project, absence of clientelism, absence of nepotism, no political corruption, payments of contractors on time and absence of court injunction or legal suit and land litigations. This study contributes to road construction CSFs in the context of public sector road construction in developing economies. DOI: 10.5267/j.jpm.2021.7.003 Keywords: Transport Policy, Road Construction, Public-sector, Critical Success Factors, Developing Economy
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The utilization of project risk monitoring and control practices and their relationship with project success in construction projects
, Pages: 35-52 Kennedy Christopher Obondi PDF (650K) |
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Abstract: Risk monitoring and control is often poorly implemented in construction projects because of a failure to monitor and manage identified risks. Construction companies experience significant losses due to project managers' lack of project risk monitoring and control in construction projects. Most studies have concentrated on risk identification, risk assessment, and risk analysis processes while neglecting crucial risk management processes of risk control, risk monitoring, and risk response. The lack of research on these three crucial processes highlights a gap in the literature concerning how these processes can increase the delivery of successful projects. The purpose of this study was to examine whether the utilization of project risk monitoring and control practices was related to project success in construction projects in the United States. An electronic survey instrument was used to collect data from a sample of 50 construction project managers in the Dallas-Fort Worth area in the state of Texas, in the United States. Spearman rho correlation analysis was used to examine the relationship between project risk monitoring and control practices and project success. The results of this study indicated that all project risk monitoring and control practices, including risk reassessment, risk audits, contingency reserves analysis, and risk status meetings, were significantly and positively related to project success in construction projects. One of the recommendations presented in this study was that future research should conduct the same study in developing countries to see if the study’s findings remain the same and generalizable. The study concluded that construction organizations should regularly consider the importance and usage of project risk monitoring and control practices and apply them to improve the success rate of a project. DOI: 10.5267/j.jpm.2021.7.002 Keywords: Risk management practices, Project risk control, Risk monitoring and control, Construction project management, Risk response, Project success
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Adoption of a multi-criteria approach for the selection of operational measures in a maritime environment
, Pages: 53-64 Desmond Ighravwe, Daniel AIkhuele, Ojo Sunday Isaac Fayomi and Anayo Dike Anayo Dike Basil PDF (650K) |
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Abstract: In recent times, there have been developments in the maritime industry that underscore the need to optimise operations to yield maximum productivity. Apart from this, stakeholders in this industry have also advocated improvements in seaport operations' critical areas. However, there is no known study in which the relationship between performance criteria and seaport operation measures is investigated. This study proposes a framework for selecting operation measures for the maritime industry. It uses stakeholders' expectations for operational criteria and fuzzy logic to design the framework. Nine criteria were considered in the framework, while Fuzzy VIKOR (VIsekriterijumska optimizacija I KOmpromisno Resenje) and fuzzy Shannon entropy were incorporated into it. The framework's applicability was tested using information that was obtained from Tin can port, Lagos, Nigeria. During this process, hinterland traffic diversion (A1), congestion pricing (A2), off-dock container yards (A3), Fast rail shuttles (A4), expanded rail connections (A5) were considered as alternatives for seaport operational measures. When the developed framework was used to analyse the collected information from Tin Can port, Lagos, Nigeria, the fuzzy VIKOR index ranked the alternatives as A1 » A2 » A3 » A5 » A4. Therefore, this study's insights show that mathematical models can be used to make informed seaports decisions. DOI: 10.5267/j.jpm.2021.7.001 Keywords: Operations, Multi-criteria, Maritime industry, VIKOR, Decision-making
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