ANALYSIS OF TIME COST TRADE-OFF APPROACH ON CRITICAL PATH METHOD TO ACCELERATE CONSTRUCTION PROJECT COMPLETION
DOI:
https://doi.org/10.31258/jomso.v2i2.38Keywords:
Project scheduling, critical path method, time cost trade off, addition of overtime hoursAbstract
The article discusses the analysis of project scheduling using the critical path method (CPM) to identify the project's critical path, allowing for the determination of the overall project completion time. This is further analyzed using the time cost trade off (TCTO) approach to evaluate the duration and costs after adding two hours of overtime on the critical path, with the assistance of Microsoft Excel software. The objective of this problem is to optimize project completion time and minimize delays based on the duration and costs of project activities. The calculation results indicate the optimal time and cost for project completion, and suggest that project acceleration can be achieved by selecting activities that can be expedited through the addition of overtime hours.
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