Volume : V, Issue : IV, April - 2016
Study on Shrink–Critical Path and Cost Analysis using Crashing techniques
V. Mathan Kumar, S. Shanmugasundaram
Abstract :
The aim of this paper is to set out the essential and common aspects that should be included in Network planning and crashing techniques. Furthermore, the paper seeks how to find the optimum time and cost using Shrink Critical Path Method. The total cost of project which is aggregate of the activities costs will also depends upon the project duration. The aim is always to strike a balance between the cost and time and to obtain an optimum cost schedule. An optimum cost schedule implies lowest possible cost and the associated time for the project management. In order to find the optimum duration based on the SCPM and crashing techniques. As per the concept of algorithm, the optimum cost schedule exists in the Shrink Critical Path duration
Keywords :
CPM; PERT; floats; network planning; total float theorem; optimization algorithm; Crashing Critical Path Cost slope value Time–cost Trade of
Article:
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DOI : 10.36106/ijsr
Cite This Article:
V.Mathan Kumar, S.Shanmugasundaram Study on Shrink–Critical Path and Cost Analysis using Crashing techniques International Journal of Scientific Research, Vol : 5, Issue : 4 APRIL 2016
Number of Downloads : 1156
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V.Mathan Kumar, S.Shanmugasundaram Study on Shrink–Critical Path and Cost Analysis using Crashing techniques International Journal of Scientific Research, Vol : 5, Issue : 4 APRIL 2016
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