Resources programming model of government investment project group based on improved firefly algorithm Online publication date: Tue, 13-Jun-2017
by Yunna Wu; Xinli Xiao; Zongyun Song
International Journal of Technology, Policy and Management (IJTPM), Vol. 17, No. 2, 2017
Abstract: Government investment project group (GIPG) plays an important role in increasing the welfare of the public, so the public is concerned about its investment efficiency, which can be reflected by resource programming level of GIPG. Previous research pays little attention to this field, and several problems exist: ordinary resource programming procedure is directly adopted; project management targets only focus on cost and schedule and the proposed optimisation algorithms are inapplicable. Hence, this research is carried out as follows: first, resource programming procedure of GIPG is organised. Second, the strategic targets of GIPG are determined based on the national, regional planning, and the projects targets are determined based on strategic targets, which ensure the coherence of national planning and projects targets. Third, the newly proposed optimisation algorithm-Gaussian firefly algorithm (GFA) is described and its effectiveness is validated through comparison with other algorithms. Finally, a case study demonstrates the effectiveness of resource programming method of GIPG.
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