Project resource reallocation algorithm

Abstract

A methodology for adjusting baseline cost estimates according to project schedule changes is described. An algorithm which performs a linear expansion or contraction of the baseline project resource distribution in proportion to the project schedule expansion or contraction is presented. Input to the algorithm consists of the deck of cards (PACE input data) prepared for the baseline project schedule as well as a specification of the nature of the baseline schedule change. Output of the algorithm is a new deck of cards with all work breakdown structure block and element of cost estimates redistributed for the new project schedule. This new deck can be processed through PACE to produce a detailed cost estimate for the new schedule.