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KSCE Journal of Civil Engineering

, Volume 22, Issue 11, pp 4240–4253 | Cite as

Stochastic Multi-variate Performance Trade-off Method for Technical Tender Evaluation

  • Chang-Yong Yi
  • Han-Seong Gwak
  • Byung-Soo Kim
  • Dong-Eun LeeEmail author
Construction Management
  • 89 Downloads

Abstract

This paper presents a computational method called Stochastic Multi-variate Performance Trade-off (SMPT), which identifies optimal sets of construction methods for activities, hence appropriately trading-off the project completion time, cost, environmental impact, and quality. SMPT computes exact solution(s), near-optimal solution(s), and stochastic optimal solution(s) using an enumerative analysis, genetic algorithm, and simulation, respectively. This study is of value to project planners because SMPT identifies the sets of construction methods that satisfy user-defined constraints relative to specific performance indicators. SMPT is also of relevance to researchers because it facilitates experiments using different performance indicators, either jointly or independently. Three test cases verify the validity of the computational methods.

Keywords

multi-objective optimization genetic algorithm analytic hierarchical process trade-off simulation scheduling 

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Copyright information

© Korean Society of Civil Engineers 2018

Authors and Affiliations

  • Chang-Yong Yi
    • 1
  • Han-Seong Gwak
    • 1
  • Byung-Soo Kim
    • 2
  • Dong-Eun Lee
    • 1
    Email author
  1. 1.School of Architecture & Civil EngineeringKyungPook National UniversityDaeguKorea
  2. 2.Dept. of Civil EngineeringKyungPook National UniversityDaeguKorea

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