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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...

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Main Authors: Khalaf, Wakas S., Leong, Wah June, Abu Bakar, Mohd Rizam, Lee, Lai Soon
Format: Article
Language:English
Published: Asian Network for Scientific Information 2011
Online Access:http://psasir.upm.edu.my/id/eprint/25174/1/A%20comparative%20study%20on%20time.pdf
http://psasir.upm.edu.my/id/eprint/25174/
http://scialert.net/abstract/?doi=jas.2011.920.931
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spelling my.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
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
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.
format Article
author Khalaf, Wakas S.
Leong, Wah June
Abu Bakar, Mohd Rizam
Lee, Lai Soon
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
author_facet Khalaf, Wakas S.
Leong, Wah June
Abu Bakar, Mohd Rizam
Lee, Lai Soon
author_sort Khalaf, Wakas S.
title 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_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_sort comparative study on time-cost trade-off approaches within critical path method
publisher Asian Network for Scientific Information
publishDate 2011
url http://psasir.upm.edu.my/id/eprint/25174/1/A%20comparative%20study%20on%20time.pdf
http://psasir.upm.edu.my/id/eprint/25174/
http://scialert.net/abstract/?doi=jas.2011.920.931
_version_ 1648738098519998464
score 13.211869

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