Optimization Model that Minimizes the Penalty Caused by Delayed Delivery of Construction Projects

• Autores: Nilthon Arce Fernandez, Flavio Gutiérrez, Manuel Milla Pino, Walter Jose Quiroz Chavil, Adán Díaz Ruiz, Jaime Lucho Cieza Sánchez
• Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 8, Nº. 7, 2023 (Ejemplar dedicado a: Continuous publication; e02568)
• Idioma: inglés
• DOI: 10.26668/businessreview/2023.v8i7.2553
• Enlaces
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• Resumen

  • Purpose: This work aims to minimize the penalty generated by delays in delivering construction projects operated by a single machine.

      Theoretical framework: The fundamental issues to develop this work are optimization and its application to delays in construction projects operated in their initial stage by a single machine.

      Design/Methodology/Approach: We presented a construction case study, developed an optimization model, implemented a computational optimization tool and obtained the optimal sequence to perform the tasks.     Findings: The numerical results demonstrated the model’s usefulness in minimizing the penalty generated by delays in the delivery of projects.

      Research, practical & social implications: The benefit of this study is to help managers or decision-makers schedule their construction projects with limited resources and deadlines per activity to minimize penalty costs of delay.

      Originality/Value: Considering that the construction sector generates the largest labor force in Peru, the study has an important social value by providing a tool to improve operations and incentivize construction companies to continue operating. In addition, it provides a substantial basis for future work by applying optimization in a specific area of civil engineering. To our knowledge, no researcher or company in Peru has yet addressed this study.

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