This article provides an overview of the comprehensive process in creating a “Project Plan” for an engineering project. The authors discuss the challenges of project management tasks, tools, and methods used. They also discuss and compare other commonly used project planning practices and...

The current research has two main objectives: 1) Integration of the system analyst's products together with the project manager's work, via handshaking of software tools used for these tasks (Software modeling tools, Project management tools, as well as Word and Excel files). 2) Simulation of...

This paper analyzes situations in which a project consisting of several activities is not realized according to plan. Ifthe project is expedited, a reward arises. Analogously, a penalty arises if the project is delayed. This paper considersthe case of arbitrary nondecreasing reward and penalty...