Project management duration/resource tradeoff analysis: An application of the Cut Search Approach

Project management duration/resource tradeoff analysis: An application of the Cut Search Approach

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Article ID: iaor1997672
Country: United Kingdom
Volume: 47
Issue: 5
Start Page Number: 697
End Page Number: 701
Publication Date: May 1996
Journal: Journal of the Operational Research Society
Authors:
Keywords: project management
Abstract:

The paper presents an application oriented procedure for solving the project management duration/resource tradeoff problem. A procedure is presented for reducing a project from a normal to a crash duration state at a minimum amount of additional resource expenditure assuming a linear utilization functions. The procedure is network based using a graphical Cut Search Approach to locate the minimal resource level at each reduction in total project duration. Activity-on-arc networks and flow networks are utilized. The paper is presented for practical application and for conceptual development as compared to a theoretical treatment.

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