Original scientific paper

How would you like it: cheaper or shorter

Levente Mályusz ; Budapest University of Technology and Economics, Budapest Hungary
Miklós Hajdu ; Ybl Miklós School of Architecture and Civil Engineering, Budapest Hungary

Abstract

least cost scheduling techniques were accomPanying the history of modern Project management, however they have never gained much importance in the practice. Even in our days only a few computer application provide this kind of feature to the users. In this paper a generalized PDM least cost scheduling problem will be introduced, and a case study will be presented to demonstrate the effectiveness of the model. The case study is based on a highway construction project, where the least cost scheduling technique developed by the authors was used in applied in order to calculate the minimum direct cost solution to a given project duration. The authors came to a conclusion that least cost scheduling can
be a useful tool in the cost planning of the projects, however further
research are necessary (e.g. handle of the activity calendars) to make the model suitable for everyday use.

Keywords

project management; scheduling; cost

Hrčak ID:

65015

URI

https://hrcak.srce.hr/65015

Publication date:

1.12.2009.

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