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Project crashing to solve Time-Cost Trade-Off
| Content Provider | Semantic Scholar |
|---|---|
| Author | Katti, Anagha Sppu Darade, Milind |
| Copyright Year | 2016 |
| Abstract | In the construction industry, project time & project cost are given upmost priority. But since there are innumerable uncertainties involved in construction, delays in project completion are fairly common which lead to an increase in project’s total cost. Thus project time crashing plays an important role in project management determining which activities duration to crash to complete the project in the stipulated time. But crashing the duration will mean adding more resources which will lead to an increased additional cost of the project. Thus, the paper deals with determining how to crash the project duration so as to complete the project at the earliest with minimum added cost obtaining a TimeCost Tradeoff for the project. This paper provides a framework for reducing total project time at the least added total cost by crashing the duration of an actual residential building construction project. The project is scheduled in Microsoft Project and crashed using the Solver add-in of Microsoft Excel. |
| Starting Page | 10 |
| Ending Page | 27 |
| Page Count | 18 |
| File Format | PDF HTM / HTML |
| DOI | 10.14445/23488352/ijce-v3i1p103 |
| Volume Number | 3 |
| Alternate Webpage(s) | http://www.internationaljournalssrg.org/IJCE/2016/Volume3-Issue1/IJCE-V3I1P103.pdf |
| Alternate Webpage(s) | https://doi.org/10.14445/23488352%2Fijce-v3i1p103 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
