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A New Challenge in Project Scheduling. The Incorporation of Activity Failures

B. De Reyck, Y. Grushka-Cockayne and R. Leus

Review of Business and Economic Literature, 2007, vol. LII, issue 3, 410-435

Abstract: The goal of this article is to survey the relevant literature on project scheduling with possible activity failures from a number of different disciplines, and to distill from these sources the formulation of a general optimization problem, the further study of which we would like to foster among the scheduling community. The model has been formulated with R&D projects in mind, but its study may be useful also for developing scheduling methods in other contexts. We discuss a number of different aspects of this task selection and scheduling model with task failures by means of a number of illustrative examples.

Keywords: project management; scheduling; risk; research and development; activity failures (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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