Project Managers must understand the relationship between time and cost. It would seem obvious that the shorter the project duration the lower its cost. This, however, isn’t always the case. Sometimes a project with a short duration results in a congested project site and inefficient utilisation of the project resources, or excessive peaks and troughs in the resource histograms. It’s therefore important the schedule is optimised to be as short as possible without compromising the quality and safety on the project, yet also ensuring the project resources are utilised efficiently.
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The opinions expressed in the attached articles are those of the writer. It should be noted that projects are varied and different laws and restrictions apply which depend on the location of the contractor and the project. It's important that the reader uses the supplied information taking cognisance of their particular circumstances. The writer assumes no responsibility or liability for any loss of any kind arising from the reader using the information or advice contained herein.
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