Scheduling is an important management activity in software projects. The relationship between nominal development time and development effort has been characterized as a power-law function where development time is dependent on development effort. Studies performed in 1980s determined that there...

Although buffer sizing is one of the most investigated subjects in Critical Chain Project Management (CCPM), almost all the focus has been on its implications for single-project environments. Among the entire invented buffer sizing methods, the cut and paste method (C&PM) is the most accepted by...

Purpose The purpose of this paper is to propose a new framework for time–cost trade-off. The new framework provides the optimum time–cost value taking into account the float loss impact. Design/methodology/approach The stochastic framework uses Monte Carlo Simulation to calculate the effect...