Critical Path in an Intuitionistic Triangular Fuzzy Number for Time Cost Trade-Off in Project Network by the Modified Traditional Method

In real life, the calculation of fuzzy timings and floats is frequently difficult to grasp within a timely manner. The earliest and latest timings of activities should occasionally be established, since team members routinely revise time estimates for several projects in order to finish them on track. This research suggests a different approach to computing the features of a project network in an intuitionistic fuzzy environment. The correlation between total float and path float is enriched. In addition to handling the time and cost of the project under uncertainty, this research suggests a methodology. Furthermore, the overall project cost is reduced while taking time factor into account. The schedule created using this approach helps determine the time and financial trade-offs associated with being on the critical path. The suggested approach is demonstrated using a numerical example, and its feasibility is confirmed by contrast with other methods already in use. MATLAB is used to include the simulation results. The analyses showed that the suggested approach is simple and successful in locating project features with just a little computational load.