A practical tool for improved resource allocation: The dynamic time now procedure

Concerns the resource allocation problem in project management. Besides a review of the literature, a new heuristic method, the dynamic time now procedure, is presented. Unlike the classical heuristics, it appears to be less affected by the network and resource characteristics of the project. This yields significant project duration reduction, especially on projects with a heterogeneous network structure, as they generally are in practice. The proposed method has been used for a real-life project, the results of which are commented upon.