Analysis of a multi-criteria project crashing model

Abstract The purpose of this paper is to report on the model formulation and results of a multi-criteria time-cost (crashing) CPM project network. In the project of interest (the installation of a bank paper processing system), multiple and conflicting objectives concerning both time and cost must be incorporated into the decision analysis. The project network is, therefore, formulated as a goal programming model, including the various managerial objectives as goal constraints and associated priorities.