TimeCostTradeoff.

xls
Activity

Penalty per day

Incentive per day
Indirect cost
Project deadline
Total penalty
Total incentive
Total indirect cost
Total duration
Activity Cost
Total cost

$
$
$
$
$
$
$
$

20,000
1,000
1,000
110
110,000
110
106,350
216,350

Predecessors

ID Description P1
1
A
2
B
3
C
4
D
5
E
1
6
F
1
7
G
5
8
H
6
9
I
6
10
J
2
11
K
7
12
L
5
13
M
3
14
N
4
15
O
12
16
P
13
17
Q
11
18
R
16

P2

P3

6
8
9

10

10
14
14
17

15

Path
2
10
12
15
17
18

Successors

S2
6

S1
5
10
13
14
7
8
11
11
12
12
17
15
16
16
17
18
18

C1
2.4
3
4.5
45
12
20
9 10 40
30
0.30
0.3
14
0.45
0.45
2
4
17
3
4.5
3
4
3

25
15
18
14
9

2
10
14
16
18

2
25
15
22
12
14
9

97
0
####

2
10
14
17
18

Method 1

S3

81
0
###

Method 2

D1
14
15
15
12
22
14
9
15
15
15
12
22
14
9
12
20
14
9

C2
1.20
1
3.2
30
10.0
18
22
0.20
0.10
0.32
0.30
1.00
1.8
2.2
3.5
1
1.8
2.2

20
18
14
9

4
14
16
18

4
25
15
18
30
9

97
0
###

4
14
17
18

D2
24
25
33
20
30
24
18
16
25
33
20
30
24
18
16
30
24
18

Delay
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

20
18
30
9

1
6
10
12
15
17
18

61
0
####

77
0
#####

Schedule
1
Method
Index Duration
Cost
F1
1
14
$ 2,400 0
2
25
$ 1,000 0
2
33
$ 3,200 0
2
20
$ 30,000 0
2
30
$ 10,000 14
2
24
$ 18,000 14
2
18
$ 22,000 44
2
16
$
200 38
1
15
$
300 38
1
15
$
450 25
2
20
$
300 62
1
22
$ 2,000 44
2
24
$ 1,800 33
2
18
$ 2,200 20
1
12
$ 4,500 75
2
30
$ 1,000 57
1
14
$ 4,000 82
1
9
$ 3,000 101

6
14
24
15
22
12
14
9
110
1
#NAME?

7
1
6
10
14
17
18

F2
0
0
0
0
0
0
0
0
0
38
54
53
0
53
0
71
71
101

F3
0
0
0
0
0
0
0
0
0
0
0
53
0
0
0
0
87
0

14
24
15
18
30
9

1
6
9
12
15
17
18

8
14
24
15
18
14
9

94
0
#NAME?

1
6
10
14
16
18

T1
19
38
47
53
49
51
67
67
53
53
87
75
71
71
87
101
101
110

T2
14
110
110
110
53
38
110
110
110
53
110
110
110
87
110
110
110
110

T3
110
110
110
110
110
38
110
110
110
110
110
110
110
110
110
110
110
110

EF

0
0
0
0
14
14
44
38
38
38
62
53
33
53
75
71
87
101

110
1
#NAME?

10
14
1
14
24
6
24
15
8
16
22
11
20
12
17
14
14
18
9
9
110
97
1
0
#NAME?
#NAME?

ES

LS
14
0
25 13
33 14
20 33
44 19
38 14
62 49
54 51
53 38
53 38
82 67
75 53
57 47
71 53
87 75
101 71
101 87
110 101

11
1
5
12
15
17
18

LF
14
38
47
53
49
38
67
67
53
53
87
75
71
71
87
101
101
110

Metho
TF d UB
0
2
13
2
14
2
33
2
5
2
0
2
5
2
13
2
0
2
0
2
5
2
0
2
14
2
0
2
0
2
0
2
0
2
0
2

12
14
30
22
12
14
9

101
0
#NAME?

1
5
7
11
17
18

14
30
18
20
14
9
105
0
#NAME?

3
13
16
18

13
33
24
30
9

96
0
######

5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5

HA
Optimu
m
1
2
2
2
2
2
2
2
1
1
2
1
2
2
1
2
1
1

110

Same
as HA C1 min C1 mean C1 sd C2 min C2 mean C2 sd D1 min D1 mode D1 max D2 min D2 mode D2 max
TRUE 2.16
2.40
0.12 1.08
1.20
0.06 12.6
14
16.8 21.6
24
28.8
TRUE
2.7
3.00
0.15 0.9
1.00
0.05 13.5
15
18 22.5
25
30
TRUE 4.05
4.50 0.225 2.88
3.20
0.16 13.5
15
18 29.7
33
39.6
TRUE 40.5
45.00
2.25 27
30.00
1.5 10.8
12
14.4 18
20
24
TRUE
18
20.00
1
9
10.00
0.5 19.8
22
26.4 27
30
36
TRUE
36
40.00
2 16.2
18.00
0.9 12.6
14
16.8 21.6
24
28.8
TRUE
27
30.00
1.5 19.8
22.00
1.1 8.1
9
10.8 16.2
18
21.6
TRUE 0.27
0.30 0.015 0.18
0.20
0.01 13.5
15
18 14.4
16
19.2
TRUE 0.27
0.30 0.015 0.09
0.10 0.005 13.5
15
18 22.5
25
30
TRUE 0.405
0.45 0.023 0.288
0.32 0.016 13.5
15
18 29.7
33
39.6
TRUE 0.405
0.45 0.023 0.27
0.30 0.015 10.8
12
14.4 18
20
24
TRUE
1.8
2.00
0.1 0.9
1.00
0.05 19.8
22
26.4 27
30
36
TRUE
3.6
4.00
0.2 1.62
1.80
0.09 12.6
14
16.8 21.6
24
28.8
TRUE
2.7
3.00
0.15 1.98
2.20
0.11 8.1
9
10.8 16.2
18
21.6
TRUE 4.05
4.50 0.225 3.15
3.50 0.175 10.8
12
14.4 14.4
16
19.2
TRUE
2.7
3.00
0.15 0.9
1.00
0.05 18
20
24 27
30
36
TRUE
3.6
4.00
0.2 1.62
1.80
0.09 12.6
14
16.8 21.6
24
28.8
TRUE
2.7
3.00
0.15 1.98
2.20
0.11 8.1
9
10.8 16.2
18
21.6

Method Index

Solution obtained through stochastic optimization with OptQuest

1
2
2
2
2
1
2
2
1
1
1
1
2
1
1
2
1
1

0.79
Method Index

Solution reported in Hegazy, T., and A. Ayed, "Simplified Spreadsheet Solutions: Models for critical path method and tim

1
2
2
2
2
2
2
2
1
1
2
1
2
2
1
2
1
1

ID

Activity
Description

Predecessors
P1 P2 P3

Successors
S1 S2 S3

Method 1
C1
D1

Method 2
C2
D2

Task
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R

HA
1
2
2
2
2
2
2
2
1
1
2
1
2
2
1
2
1
1

JC

1
2
2
2
2
1
2
2
1
1
1
1
2
1
1
2
1
1

1
1
5
6
6
2
7
5
3
4
12
13
11
16

6
8
9

10

10
14
14
17

Diff
0
0
0
0
0
1
0
0
0
0
1
0
0
1
0
0
0
0

15

5
10
13
14
7
8
11
11
12
12
17
15
16
16
17
18
18

12
9

14

17

10

2.4
3
4.5
45
20
40
30
0.30
0.3
0.45
0.45
2
4
3
4.5
3
4
3

14
15
15
12
22
14
9
15
15
15
12
22
14
9
12
20
14
9

1.20
1
3.2
30
10.0
18
22
0.20
0.10
0.32
0.30
1.00
1.8
2.2
3.5
1
1.8
2.2

24
25
33
20
30
24
18
16
25
33
20
30
24
18
16
30
24
18

Start

t Solutions: Models for critical path method and time-cost tradeoff analysis," Cost Engineering , Vol. 41, No. 7, July 1999.

10

12

15

14
9
6

8
17
Start

11

13

16

18