Cost accounting systems provide accurate costs only under stringent conditions. However, we know little about the nature, level, and bias of costing errors. This paper reports the results of a simulation study of two-stage cost allocation systems that provide the following main insights: (1)...

The resource-constrained project scheduling problem (RCPSP) has been extensively investigated during the past decades. Due to its strongly NP-hard status and the need for solving large realistic project instances, the recent focus has shifted from exact optimisation procedures to (meta-)...

The well-known resource-constrained project scheduling problem (RCPSP) schedules project activities within the precedence and renewable resource constraints while minimizing the total lead-time of the project. The basic problem description assumes non-pre-emptive activities with fixed durations,...

In this paper, we present a meta-heuristic algorithm for the well-known resource-constrained project scheduling problem with discounted cash flows. This optimization procedure maximizes the net present value of project subject to the precedence and renewable resource constraints. The problem is...

In literature, both morphological and resource-related measures are used to predict the difficulty of a project scheduling problem. Rapid progress regarding solution procedures has resulted in the development of a number of data generators in order to generate instances under a controlled design...

Earned value project management is a well-known management system that integrates cost, schedule and technical performance. It allows the calculation of cost and schedule variances and performance indices and forecasts of project cost and schedule duration. The earned value method provides early...