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In: Operations Management

During which phase do you feel it is more useful to consider making trade-offs in terms...

During which phase do you feel it is more useful to consider making trade-offs in terms of labor and equipment costs to reduce the duration of a construction project: the estimation phase or the construction phase? detailed discussion please

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Expert Solution

A project goes through the number of phases and trade-offs before reaching its completion. When we talk about the construction project, there are a lot of trade-offs that are to be made by the project manager in order to ensure that all the objectives of the project are fulfilled within the targeted limits.

One of the main trade-offs that are to be decided is the trade-offs in terms of labor and equipment costs to reduce the duration of a construction project: This trade-off must be performed during the estimation phase as during the estimation phase, only the planning takes place and the manager tries to predict the different types of trade-offs. The objective of having these trade-offs is to minimize the cost and duration of the project.

The main advantage of doing this trade-off at the estimation phase is that, during the estimation phase, no implementation has been yet started and only the planning is being done. The approval can also be taken by the clients on these trade-offs If this is done in the construction phase, it will result in scope creep or change in the badge and then making any adjustment will be very tough

keosha answered 1 year ago
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