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Optimization of Cost & Duration by using Network Compression Technique

Author(s):

Rohan R. Naik , Dr.D.Y.Patil Institute of Engineering, Management & Research Akurdi, Pune; Mahendra N. Shamnani, Dr.D.Y.Patil Institute of Engineering, Management & Research Akurdi, Pune; Pramod B. Ghadge, Dr.D.Y.Patil Institute of Engineering, Management & Research Akurdi, Pune; Onkar K. Chothe, Dr.D.Y.Patil Institute of Engineering, Management & Research Akurdi, Pune; Pravin J. Gorde, Dr.D.Y.Patil Institute of Engineering, Management & Research Akurdi, Pune

Keywords:

Network Compression Technique, Time & Cost

Abstract

Time & Cost are the important factors considered in any construction project. Time & Cost overruns has been a major issue in many Indian Construction project [1]. The successful execution of construction projects & keeping them within prescribed schedule & Cost is very important for effective time & cost performance. This Technique can reduce the time required for construction of fully planned building. It helps to determine the building cost slightly increase in cost corresponding decrease in time required. The study findings highlight the significant factors and some recommendations are given to control time and cost overruns in Indian construction Industry [2].

Other Details

Paper ID: IJSRDV7I30700
Published in: Volume : 7, Issue : 3
Publication Date: 01/06/2019
Page(s): 843-846

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