Hybrid time-quality-cost trade-off problems

Zsolt T. Kosztyán and István Szalkai

Operations Research Perspectives, 2018, vol. 5, issue C, 306-318

Abstract: Agile and hybrid project management has become increasingly popular among practitioners, particularly in the IT sector. In contrast to the theoretically and algorithmically well-established and developed time-cost and time-quality-cost project management methods, agile and hybrid project management lacks a principle foundation and algorithmic treatment. The aim of this paper is to fill this gap. We propose a matrix-based method that provides scores for alternative project plans that host flexible task dependencies and undecided, supplementary task completion while also covering traditional time-quality-cost trade-off problems. The proposed method can bridge the agile and traditional approaches.

Keywords: Time-quality-cost trade-off problems; Hybrid project management approaches; Matrix-based project planning (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:oprepe:v:5:y:2018:i:c:p:306-318

DOI: 10.1016/j.orp.2018.09.003

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