Resource allocation and crashing

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Made by Jesper Antonius Wolters

Contents

Abstract

Common to all projects is the need to allocate available resources in the best possible manner. If done correctly by the project manager, she can avoid delays, penalty fees and using unnecessarily many resources on wrong events. In addition, by analyzing the possibility of crashing the project, the project manager might be able to find a more optimal solution than would be possible by the simple PERT/CPM analysis, this analysis thus builds upon a PERT/CPM analysis. This article aims at giving the reader a greater understanding of how to allocate resources to a project as well as presenting an example of how a project could be crashed. Three different techniques will be presented and explained in depth. Furthermore, in order to give the reader a greater understanding of how resource allocation can effect a project, an example using CPM crash heuristics will be presented.

Resource allocation

Resource loading

Resource leveling using ALAP heuristics

Resource scheduling

Crashing a project

Cost-time trade off

Advantages and disadvantages

Conclusion

Annotated bibliography

Fast tracked project Calculate

References

[1] [2] [3]

  1. Meredith, Jack and Mantel, Samuel (2009) "Project management a managerial approach 7th Edition
  2. https://link-springer-com.proxy.findit.dtu.dk/content/pdf/10.1007%2F3-540-27852-4.pdf
  3. dr. ir. Broekmeulen. Rob "Slides from Project Management"
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