Abstract
When the duration of project tasks is uncertain, the timing of the availability of resources, such as materials, equipment, in-house crews and subcontractors, can be one way to expedite projects. ANN van ACKERE shows how the availability of resources can affect project duration, and explains how inadequate accounting for costs can lead to conflicts and suboptimal project planning. She concludes that cost estimates, lead-time and resource planning are interrelated and should be analysed jointly.
Additional information
Notes on contributors
Ann van Ackere
Dr ANN van ACKERE graduated in Applied Economics from the University of St Igancius in Antwerp, Belgium and obtained her Ph.D from the Graduate School of Business at Stanford University. She is a lecturer in Decision Sciences at the London Business School. Her research focuses on agency theory and incentive problems in the operations management area.