Activity Scheduling for Cost-Time Investment Optimization in Project Management

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Diego Fernando Manotas Duque, Leonardo Rivera Cadavid. 2010. Activity Scheduling for Cost-Time Investment Optimization in Project Management. XIV Congreso Ingeniería de Organización , pag. 1452-1461. Donostia-San Sebastián.

Resumen

The Cost-Time Profile is a tool that presents the combined impact of disbursements made during the execution of a project, and their timing. The Cost-Time Profile chart presents the accumulated cost at any given time, and the area under the curve is the Cost-Time Investment. This Cost-Time Investment has a quantifiable impact on the working capital the company uses, and it is also useful for the determination of the Direct Cost of a product. This paper aims to develop a model to create the schedule of activities that minimizes the Cost-Time Investment for a project.

Congreso

(cio2010)XIV Congreso Ingeniería de Organización

Area

Project Management