A new framework for time-cost trade-off considering float loss impact

El-Sayegh, S M and Al-Haj, R (2017) A new framework for time-cost trade-off considering float loss impact. Journal of Financial Management of Property and Construction, 22(1), pp. 20-36. ISSN 1366-4387

Abstract

This paper proposes a new framework for time-cost trade-off allowing the project managers to exercise new trade-offs between time, cost and risk which will ultimately improve the chances of achieving project objectives.

Item Type: Article
Uncontrolled Keywords: project scheduling; construction/project management; cost and time control; float cost; time–cost trade-off
Index terms: time control, project scheduling, project management, time-cost trade-off, float cost, project manager, exercise
Subjects: project controls, quantity surveying, economics, project management theory and practice, profession, health behaviours and lifestyles
Topics: Time Control, Project Management, Health and Safety, Cost Management, Roles and Professions, Risk Management
Descriptive scope: 2 PC

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here