Schedule Optimization for Cash Flow Management of Owner Portfolios

Ali Fares, Ashraf Elazouni, Sameh Al-Shihabi, Mubarak Al-Alawi

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Although new infrastructure has been widespread in many countries, the owners' main obstacle to complete new projects has been the cash flow problems. If cash flow problems are not appropriately addressed, projects will undoubtedly fail. The current study’s goal is to help portfolio owners to avoid cash flow problems and achieve portfolios’ goals. A modified finance-based scheduling method is proposed to optimize project schedules within owners' portfolios using genetic algorithms (GA). Finance-based scheduling helps owners to control portfolios’ cash flow by balancing contractors’ payouts during the fiscal years with the available budget amounts. The random key (RK) representation system of GA is used effectively to implement finance-based scheduling for multiple projects simultaneously.

Original languageEnglish
Title of host publicationProceedings of the 8th International Conference on Civil, Structural and Transportation Engineering, ICCSTE 2023
PublisherAvestia Publishing
ISBN (Print)9781990800221
DOIs
Publication statusPublished - Jun 1 2023
Event8th International Conference on Civil, Structural and Transportation Engineering, ICCSTE 2023 - Ottawa, Canada
Duration: Jun 4 2023Jun 6 2023

Publication series

NameInternational Conference on Civil, Structural and Transportation Engineering
ISSN (Print)2369-3002

Conference

Conference8th International Conference on Civil, Structural and Transportation Engineering, ICCSTE 2023
Country/TerritoryCanada
CityOttawa
Period6/4/236/6/23

Keywords

  • Cash flow
  • Evolutionary algorithms
  • Financial planning
  • Optimization
  • Portfolio management
  • Scheduling

ASJC Scopus subject areas

  • Transportation
  • Materials Chemistry

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