Activity Scheduling for Cost-Time Investment Optimization in Project Management
.
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.