Time - Cost Optimisation in Road Construction Case Study – Nashik Sinnar Highway


Affiliations

  • NDMVPS's KBTCOE, Nashik, Maharashtra, 422013, India

Abstract

In the construction project, time and cost are the most important factors to be considered in the planning of every project. The aim is to finish the projects on time, within budget and to achieve other project objectives. Time loss is costly and it creates problem which are related with costs. It increases cost with increasing in time of particular activity. Due to this the total budget of the project gets collapsed.so Time-cost optimization is essential for construction projects. The objective of time-cost optimization is to determine the optimum project duration corresponding to the minimum total cost.

Keywords

Fleet Management, Optimisation, Profit, Time, Cost, Road Construction

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