Minimal cost project networks: The cut set parallel difference method

Minimal cost project networks: The cut set parallel difference method

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Article ID: iaor19951105
Country: United Kingdom
Volume: 22
Issue: 4
Start Page Number: 401
End Page Number: 407
Publication Date: Jul 1994
Journal: OMEGA
Authors: ,
Abstract:

The problem of determining the minimal cost network in PERT or CPM has been studied and analysed many times. Various methods have been published for this problem, but each method has its own shortcomings. None perfectly solves the problem theoretically and practically. This note applies the cut set theory of networks. In this way, the problem of the minimal cost network in PERT and CPM can be perfectly solved theoretically and practically.

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