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business games

The Project Scheduling Game (PSG): Time/cost trade-offs on a computer screen

The Project Scheduling Game (PSG) is an IT-supported simulation game that illustrates the characteristics of scheduling a real-life project with discrete time/cost trade-offs in the project activities as described in this article. The project is based on a sequence of activities for a large real-life project at a Belgian company. The participant (manager) of the game has to construct a dynamic project schedule for the discrete time/cost trade-off critical path method. By allocating nonrenewable resources (i.e. money) to a particular activity, the manager decides about the duration and corresponding cost of each network activity. The manager schedules the project with the negotiated project deadline in mind, focusing on the minimization of the total project cost. 

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