Integrated Control Model for Time and Cost Risk in Project Management

摘要

Time, cost and quality are the three main targets to be controled in project management. However, the control and management of time and cost risk are usually carried out respectively, which will bring such problems as the delay of schedule by reason of the impracticability of cash flow, the money difficulties caused by delay of schedule and so on. In order to control and manage the time and cost risk effectively and simultaneous- ly, a time & cost risk control model based on schedule programme was established with the use of the quantita- tive models of BCWS, BCWP and ACWP I this paper.