| Abstract: | The project scheduling problem involves the scheduling of project activities subject to precedence and/or resource constraints. Of obvious practical importance, it has been the subject of intensive research since the late fifties. A wide variety of commercialized project management software packages have been put to practical use. Despite all these efforts, numerous reports reveal that many projects escalate in time and budget and that many project scheduling procedures have not yet found their way to practical use. The objective of this paper is to confront project scheduling theory with project scheduling practice. We provide a generic hierarchical project planning and control framework that serves to position the various project planning procedures and discuss important research opportunities, the exploration of which may help to close the theory‐practice gap. |
