Kimms, Alf:
On the Amount and Timing of Project Payments with Hints Customary
In: Gestão & Produção, Vol. 14 (2007), No. 3, pp. 441 - 451
2007article/chapter in journal
EconomicsMercator School of Management - Faculty of Business Administration
Title:
On the Amount and Timing of Project Payments with Hints Customary
Author:
Kimms, AlfUDE
LSF ID
15707
Other
connected with university
Year of publication:
2007

Abstract:

A huge number of publications deal with project scheduling and very often the objective is to minimize the makespan. We claim that in the real world money counts. Therefore, we review how project payments can be defined in practice. The issues of contracting and bidding are discussed to demonstrate that a whole universe of specific model formulations would be needed to cover real situations.