A comparative study on time-cost trade-off approaches within critical path method
In this study we present two approaches of time-cost trade-off to complete the project within T (the shortest possible duration to complete the project at least cost within the maximum available budget). The aim of this study is to discuss a comparison between the approach of Crashing Critical Activ...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Network for Scientific Information
2011
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| Online Access: | http://psasir.upm.edu.my/id/eprint/25174/1/A%20comparative%20study%20on%20time.pdf |
| _version_ | 1796970706377900032 |
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| author | Khalaf, Wakas S. Leong, Wah June Abu Bakar, Mohd Rizam Lee, Lai Soon |
| author_facet | Khalaf, Wakas S. Leong, Wah June Abu Bakar, Mohd Rizam Lee, Lai Soon |
| author_sort | Khalaf, Wakas S. |
| collection | UPM |
| description | In this study we present two approaches of time-cost trade-off to complete the project within T (the shortest possible duration to complete the project at least cost within the maximum available budget). The aim of this study is to discuss a comparison between the approach of Crashing Critical Activities (CCA) and the approach of Stretching Noncritical Activities (SNA) to illustrate the gauge of which approach should be used to complete the project within T in the least number of steps. Based on the five projects of varying levels and difficulties we can observe the obvious difference between the number of steps required to complete each project within T by CCA and the number of steps required to complete each project within T by SNA, i.e., SNA could complete the project in the least number of steps than CCA. |
| first_indexed | 2024-03-06T08:02:03Z |
| format | Article |
| id | upm.eprints-25174 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:02:03Z |
| publishDate | 2011 |
| publisher | Asian Network for Scientific Information |
| record_format | dspace |
| spelling | upm.eprints-251742019-10-11T00:45:36Z http://psasir.upm.edu.my/id/eprint/25174/ A comparative study on time-cost trade-off approaches within critical path method Khalaf, Wakas S. Leong, Wah June Abu Bakar, Mohd Rizam Lee, Lai Soon In this study we present two approaches of time-cost trade-off to complete the project within T (the shortest possible duration to complete the project at least cost within the maximum available budget). The aim of this study is to discuss a comparison between the approach of Crashing Critical Activities (CCA) and the approach of Stretching Noncritical Activities (SNA) to illustrate the gauge of which approach should be used to complete the project within T in the least number of steps. Based on the five projects of varying levels and difficulties we can observe the obvious difference between the number of steps required to complete each project within T by CCA and the number of steps required to complete each project within T by SNA, i.e., SNA could complete the project in the least number of steps than CCA. Asian Network for Scientific Information 2011 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/25174/1/A%20comparative%20study%20on%20time.pdf Khalaf, Wakas S. and Leong, Wah June and Abu Bakar, Mohd Rizam and Lee, Lai Soon (2011) A comparative study on time-cost trade-off approaches within critical path method. Journal of Applied Sciences, 11 (6). pp. 920-931. ISSN 1812-5654; ESSN: 1812-5662 http://scialert.net/abstract/?doi=jas.2011.920.931 10.3923/jas.2011.920.931 |
| spellingShingle | Khalaf, Wakas S. Leong, Wah June Abu Bakar, Mohd Rizam Lee, Lai Soon A comparative study on time-cost trade-off approaches within critical path method |
| title | A comparative study on time-cost trade-off approaches within critical path method |
| title_full | A comparative study on time-cost trade-off approaches within critical path method |
| title_fullStr | A comparative study on time-cost trade-off approaches within critical path method |
| title_full_unstemmed | A comparative study on time-cost trade-off approaches within critical path method |
| title_short | A comparative study on time-cost trade-off approaches within critical path method |
| title_sort | comparative study on time cost trade off approaches within critical path method |
| url | http://psasir.upm.edu.my/id/eprint/25174/1/A%20comparative%20study%20on%20time.pdf |
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