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Project costs planning in the conditions of uncertainty

Author

Listed:
  • Hana Štiková

    (Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic)

Abstract

The fuzzy approach to the project network analysis of the project planning and control is commonly oriented on the fuzzy critical path setting and the project duration monitoring. In the article, this approach is improved by the addition of the project costs perspective to the standard time aspect. The relations for the fuzzy quantity of the total project costs and for its membership function are derived. The example demonstrates the application of the theoretical relations and shows how the enhanced fuzzy approach can be used when different project variants are to be compared. The example also reveals how the fuzzy approach with the project costs monitoring brings new information for the project planning and management and for the risk management.

Suggested Citation

  • Hana Štiková, 2012. "Project costs planning in the conditions of uncertainty," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 58(2), pages 72-84.
    • Handle: RePEc:caa:jnlage:v:58:y:2012:i:2:id:7-2011-agricecon
    DOI: 10.17221/7/2011-AGRICECON
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    References listed on IDEAS

    as
    1. Pavel TOMŠÍK & Emil SVOBODA, 2010. "Diagnostics and decision-making of the company management within the period of economiccrisis and recession," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 56(7), pages 303-309.
    2. Klára HENNYEYOVÁ & Peter DEPEŠ, 2010. "Analysis of the exploitation of information and communication technologies in the agri-food sector companies," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 56(9), pages 403-408.
    3. I. Vrana, 2006. "Trends in information infrastructure of enterprises," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 52(4), pages 173-176.
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