A study on complexity and uncertainty perception and solution strategies for the time/cost trade-off problem

dc.contributor.author	Wauters, Mathieu
dc.contributor.author	Vanhoucke, Mario
dc.date.accessioned	2017-12-02T14:53:50Z
dc.date.available	2017-12-02T14:53:50Z
dc.date.issued	2016
dc.identifier.doi	10.1177/875697281604700404
dc.identifier.uri	http://hdl.handle.net/20.500.12127/5493
dc.description.abstract	In this article, the Discrete Time/Cost Tradeoff Problem (DTCTP) is revisited in light of a student experiment. Two solution strategies are distilled from the data of 444 participants and are structured by means of five building blocks: focus, activity criticality, ranking, intensity, and action. The impact of complexity and uncertainty on the cost objective is quantified in a large computational experiment. Specific attention is allocated to the influence of the actual and perceived complexity and uncertainty and the cost repercussions when reality and perception do not coincide.
dc.language.iso	en
dc.subject	Project Scheduling
dc.subject	Game
dc.subject	Simulation
dc.subject	Complexity
dc.subject	Uncertainty
dc.title	A study on complexity and uncertainty perception and solution strategies for the time/cost trade-off problem
dc.identifier.journal	Project Management Journal
dc.source.volume	47
dc.source.issue	4
dc.source.beginpage	29
dc.source.endpage	50
vlerick.knowledgedomain	Operations & Supply Chain Management
vlerick.typearticle	Journal article with impact factor
vlerick.vlerickdepartment	TOM
dc.identifier.vperid	58614
dc.identifier.vperid	176997
dc.identifier.vpubid	6774