Various projects are realized
by private sector and public institutions in recent days. Machine, material,
manpower, time and money are the main resources required for these projects.
Since, each one is a cost item, these sources should be used effectively in
order to provide competitive advantage in the project planning process. In this
context, an efficient project management system provides effective usage of resources,
good working environment and timely completion of projects. Critical Path
Method (CPM) and Program Evaluation and Review Technique (PERT) are utilized as
project planning methods in order to determine the completion time of projects.
On the other hand, it can be possible to complete a project earlier using
additional sources with project crashing approach. In this study, initially activities
and durations for a construction project realized in Kocaeli have been
determined. Afterwards, expected completion time, critical activities and
critical path have been determined for this project. In the second phase,
project crashing cost for critical activities has been calculated through a
mathematical model. Thus, the applicability of the project management model has
been revealed.
Primary Language | English |
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Journal Section | Research Articles |
Authors | |
Publication Date | July 2, 2018 |
Submission Date | April 17, 2018 |
Acceptance Date | May 14, 2018 |
Published in Issue | Year 2018 |