A heuristic algorithm for scheduling capital investment projects
When project planners generate effective investment schedules, they are better able to minimize task duration without exceeding resource constraints. But the challenge is in creating schedules with appropriate priority rules. This paper describes a schedule-construction algorithm for project sequencing and scheduling and discusses the problems involved in scheduling and sequencing investment programming. It then details the algorithm, listing the three modifications it incorporates and describing the results it generated when it was used to develop a program schedule. It concludes by evaluating the algorithm's performance.