Adaptive policies for multi-mode project scheduling under uncertainty

In this paper we propose an adaptive model for multi-mode project scheduling under uncertainty. We assume that there is a due date for concluding the project and a tardiness penalty for failing to meet this due date, and that several distinct modes may be used to undertake each activity. We define scheduling policies based on a set of thresholds. The starting time of the activity is compared with those thresholds in order to define the execution mode.We propose a procedure, based on the electromagnetism heuristic, for choosing a scheduling policy. In computational tests, we conclude that the adaptive scheduling policy found by using the model and the heuristic solution procedure is consistently better than the optimal non-adaptive policy. When the different modes have very different characteristics and there is a reasonable difference between the average duration of the project and the due date, the cost advantage of the adaptive policy becomes very significant.

► Development of an adaptive model for multi-mode project scheduling under uncertainty.
► Scheduling policies based on a set of thresholds.
► Solution procedure based on electromagnetism heuristic.