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Author:Khang, D.
Myint, Y.
Title:Time, cost and quality trade-off in project management: a case study
Journal:International Journal of Project Management
1999 : AUG, VOL. 17:4, p. 249-256
Index terms:PROJECT MANAGEMENT
CRITICAL PATH METHOD
TIME
Language:eng
Abstract:In 1996, Babu and Suresh proposed a framework to study the trade-off among time, cost and quality using three inter-related linear programming models. This paper describes the authors' attempt to apply the method to an actual cement factory construction project. The purpose is to evaluate the practical applicability of the method by highlighting the managerial insights gained, as well as pointing out key problems and difficulties faced. As consequence, the paper helps practicing project engineers to have realistic expectations of the method.
SCIMA record nr: 195075
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