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Within the scheduling of construction projects, different, partly conflicting objectives have to be considered. The specification of an efficient construction schedule is a challenging task, which leads to a NP-hard multi-criteria optimization problem. In the past decades, so-called metaheuristics have been developed for scheduling problems to find near-optimal solutions in reasonable time. This paper presents a Simulated Annealing concept to determine near-optimal construction schedules. Simulated Annealing is a well-known metaheuristic optimization approach for solving complex combinatorial problems. To enable dealing with several optimization objectives the Pareto optimization concept is applied. Thus, the optimization result is a set of Pareto-optimal schedules, which can be analyzed for selecting exactly one practicable and reasonable schedule. A flexible constraint-based simulation approach is used to generate possible neighboring solutions very quickly during the optimization process. The essential aspects of the developed Pareto Simulated Annealing concept are presented in detail.