Financial Resource Multi Project Scheduling using Evolutionary Algorithm

Abstract

Financial resource supplying and its management is considered a main issue in the project management by considering the optimization process. Organization of the formation and management of financial resources is necessary for the effective operation of enterprises. Measures to improve the management of the financial system should be carried out continuously. This will contribute to the achievement of the priority goals of the enterprise. This requires an assessment of the current state of the issue in question. Various sources of formation of financial resources of the enterprise are considered. The authors pay special attention to their own and borrowed funds. The ways of increasing the use of own and borrowed funds are considered. The article has developed a methodology for choosing financing methods. A correctly chosen financing policy contributes to an increase in the efficiency of all enterprise activities. Due to the application of evolutionary algorithms in solving complex problems, this algorithm has been used to solve the proposed mathematical model in financial resource multi project scheduling. The results show that the proposed algorithms are able to solve the existing complex integer linear programming model with a high number of nodes and different complexity coefficients in a short time.