• DocumentCode
    2417692
  • Title

    New formal approach to project critical buffer

  • Author

    Blaszczyk, T. ; Blaszczyk, Pawel

  • Author_Institution
    Dept. of Oper. Res., Univ. of Econ., Katowice, Poland
  • fYear
    2012
  • fDate
    10-13 Dec. 2012
  • Firstpage
    1070
  • Lastpage
    1074
  • Abstract
    This research focus on the problem of modeling and optimizing the time-cost trade-offs in project planning problem with taking into account the behavioral impact of planned human resources. As a distinct from the original Goldratt conception and heretofore research results and known applications we proposed an approach taking advantage not only from task duration overestimations, but primarily from overestimations of amounts of work expected to its completion. Proposed problem description contains both safe and reasonable amounts of work estimations. At the recent stage of research we introduced the influence factors matrix with the possibility of flexible resources assignment. The model uses a mechanism of motivating the resources through the creation of bonus fund from the pool of savings. Theoretical considerations are illustrated by the numerical example.
  • Keywords
    human resource management; incentive schemes; matrix algebra; numerical analysis; project management; Goldratt conception; behavioral impact; bonus fund; critical project buffer; factor matrix; flexible resource assignment; formal approach; human resource planning; numerical analysis; project planning problem; resource motivation; task duration overestimations; time-cost trade-off modeling; time-cost trade-off optimization; work overestimations; Estimation; Mathematical model; Operations research; Project management; Schedules; Vectors; project buffers; resource assignment; time-cost trade-off; work amount buffer;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management (IEEM), 2012 IEEE International Conference on
  • Conference_Location
    Hong Kong
  • Type

    conf

  • DOI
    10.1109/IEEM.2012.6837906
  • Filename
    6837906