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On Payment Schedules in Contractor Client Negotiations in Projects: An Overview of the Problem and Research Issues

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Project Scheduling

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 14))

Abstract

Over the last several decades, a significant body of knowledge has been developed to assist in planning, organizing, monitoring and controlling project activities. The best documented uses of these techniques are in the construction industry; it can even be argued that modern methods of project management developed on the basis of experiences with these techniques in the construction industry (Proceedings of the Annual Seminar/Symposium of the Project Management Institute (PMI) 1984–1994, Hendrickson and Au 1989, Clough and Sears 1991). While construction is a stereotypical application of project management techniques, there is growing evidence of fruitful application in other functional areas and across industries, such as telecommunications and software development (Whang 1992, PMI Proceedings 1984–1994). Market and organizational pressures to control costs and improve productivity have led corporate managers in many organizations to turn software development into a more controlled production process by the use of project management theory and supporting software tools (Shattow 1990, Chuman 1988).

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Dayanand, N., Padman, R. (1999). On Payment Schedules in Contractor Client Negotiations in Projects: An Overview of the Problem and Research Issues. In: Węglarz, J. (eds) Project Scheduling. International Series in Operations Research & Management Science, vol 14. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5533-9_21

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  • DOI: https://doi.org/10.1007/978-1-4615-5533-9_21

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7529-6

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