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Review of Modified Particle Swarm Optimization (MPSO) Algorithm-based Claim Management System for Construction Claim and Disputes in Infrastructure Projects
Subject area: Science,Engineering and Technology · Area of research: Analysis of MPSO
Abstract
This paper deals with application of the Modified Particle Swarm Optimization (MPSO) algorithm in the claim management system for assessing risks associated with construction claims in infrastructure projects represents a significant advancement in project management and risk mitigation. The MPSO algorithm, with its enhanced capabilities and adaptability, has demonstrated its efficacy in optimizing the assessment process, thereby improving the accuracy and efficiency of risk evaluation. The primary objective is to minimize the financial impact and time implications associated with the construction claim.
Keywords
Contract, Claim Management, Delay, Particle Swarm Optimization, Optimization of Claim And Time.
How to cite this paper
@article{1705538,
author = {Swapnil Shantaram Jadhav, A. V. Hankare},
title = {Review of Modified Particle Swarm Optimization (MPSO) Algorithm-based Claim Management System for Construction Claim and Disputes in Infrastructure Projects},
journal = {Iconic Research And Engineering Journals},
year = {2024},
volume = {7},
number = {8},
pages = {300-306},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1705538.pdf},
abstract = {This paper deals with application of the Modified Particle Swarm Optimization (MPSO) algorithm in the claim management system for assessing risks associated with construction claims in infrastructure projects represents a significant advancement in project management and risk mitigation. The MPSO algorithm, with its enhanced capabilities and adaptability, has demonstrated its efficacy in optimizing the assessment process, thereby improving the accuracy and efficiency of risk evaluation. The primary objective is to minimize the financial impact and time implications associated with the construction claim.},
keywords = {Contract, Claim Management, Delay, Particle Swarm Optimization, Optimization of Claim And Time.},
month = {February},
}