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Safety-centric “time-cost trade-off” theory and methodology for planning industrial construction

Description

Presents results of a research project to create a cost-effective computing method to enable Time-Cost Trade-off (TCT) optimization analysis on construction projects of practical size and... More ≫

Description

Presents results of a research project to create a cost-effective computing method to enable Time-Cost Trade-off (TCT) optimization analysis on construction projects of practical size and complexity reflecting those in the real world. The researchers aim was to work toward formalizing guidelines for TCT optimization that would consider safety and time and cost constraints related to the expedition of construction projects. It is postulated that having guidelines and analysis tools such as these may decrease hazardous situations and safety risks that have been associated with expedition of construction project schedules.

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