Optimising the time-cost-quality (TCQ) trade-off in offshore wind farm project management with a genetic algorithm (GA)

Gloria Yushan Liu*, Eric Wai Ming Lee, Richard Kwok Kit Yuen

*Corresponding author for this work

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

11 Citations (Scopus)

Abstract

Time, cost and quality are major concerns in construction project management. To achieve a balance between time-cost and time-quality, a trade-off problem among time-cost-quality (TCQ) is proposed for optimisation by the application of a genetic algorithm (GA). A GA attempts to minimise a fitness function that describes the objective to be achieved. The fitness function is specifically designed according to the nature and characteristics of the construction project. By inputting the project parameters, the fitness function should be able to provide a balance between the time, cost and quality of the project. This study applied a GA to strategically search for the best project parameters for an offshore wind farm project to achieve a more accurate prediction for construction time, cost and quality of the project in the pre-construction stage. A series of practical mathematical models are developed through a review of previous studies based on specific merits, and a real offshore wind farm project is studied to identify and verify the applicability and viability of the mathematical models. After the process of optimisation, the results show that the output data is very close to the actual case in terms of construction time, cost and quality.
Original languageEnglish
Pages (from-to)1-12
JournalHKIE Transactions
Volume27
Issue number1
Online published20 Apr 2020
DOIs
Publication statusPublished - 2020

Research Keywords

  • Construction management
  • Genetic algorithm (GA)
  • Offshore wind farm project
  • Time-cost-quality (TCQ) trade-off

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