Multi-objective Optimization Algorithms with the Island Metaheuristic for Effective Project Management Problem Solving
Brester Christina,
Ryzhikov Ivan,
Semenkin Eugene
Affiliations
Brester Christina
Reshetnev Siberian State University of Science and Technology, Institute of Computer Science and Telecommunications, 31 »Krasnoyarskiy Rabochiy« ave., Krasnoyarsk, 660037, Russian Federation
Ryzhikov Ivan
Reshetnev Siberian State University of Science and Technology, Institute of Computer Science and Telecommunications, 31 »Krasnoyarskiy Rabochiy« ave., Krasnoyarsk, 660037, Russian Federation
Semenkin Eugene
Reshetnev Siberian State University of Science and Technology, Institute of Computer Science and Telecommunications, 31 »Krasnoyarskiy Rabochiy« ave., Krasnoyarsk, 660037, Russian Federation
Background and Purpose: In every organization, project management raises many different decision-making problems, a large proportion of which can be efficiently solved using specific decision-making support systems. Yet such kinds of problems are always a challenge since there is no time-efficient or computationally efficient algorithm to solve them as a result of their complexity. In this study, we consider the problem of optimal financial investment. In our solution, we take into account the following organizational resource and project characteristics: profits, costs and risks.
