• Annapurna Shukla

The aim of this study is to develop a model that finds a proper trade-off between time and cost to accelerate the implementation process. Network analysis using PERT and CPM is used to determine the longest duration and cost required for completing the project, and the time-cost trade–off problem (TCTP) is formulated in which we use crashing to find the minimum required time for effective competition of the project. A MATLAB code is being written for the same in addition to this work we have comprised a new scheduling technique by using the Earliest event time that can easily compute the time and cost of the project. The importance of time-cost trade-off analysis is to reduce the original project duration with possible least total cost. The coding is authenticated by considering the case study of two projects. Now, applying this approach, the result obtained is satisfactory.

critical path method, trade-off analysis, crashing, MATLAB Programming, Time-cost.

"NETWORK ANALYSIS AND PROJECT TIME-COST CONTROL USING MATLAB ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.715-719, December-2018, Available :http://www.jetir.org/papers/JETIR1812790.pdf

"NETWORK ANALYSIS AND PROJECT TIME-COST CONTROL USING MATLAB ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp715-719, December-2018, Available at : http://www.jetir.org/papers/JETIR1812790.pdf