• EFFECT OF ECONOMIC CONSTRAINT ON TIME COST TRADE-OFF PROBLEM IN PROJECT SCHEDULING

P. Himabindu, N. Ravi Shankar*, G. Ananda Rao

Abstract


The time cost trade-off problem is a type of project scheduling problem which studies how to transform project activities so as to achieve the trade-off between the project cost and the completion time. In the real projects, the trade-off between project cost and project completion time and the economic constraint with respect to renewable and non- renewable resources are considerable aspects of decision makers. In this paper, we present the impact of economic constraint on time cost trade-off problems with renewable and non-renewable resources by constructing new linear programming models. The mathematical linear programming models are illustrated using a project network.


Keywords


Time cost trade-off, renewable and non-renewable resources, economic constraint, AoA network; AoN network.

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