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Although the centennial is 10 years away, officials said they were seeking input now to allow a 10-year lead time for projects to commemorate the anniversary.
And Lord Deighton said the "longer lead time" for the project would give UK cities and businesses, which he believes will benefit from HS2, more time to prepare and bid for project contracts.
Recently, Azaron et al. (2011) introduced an algorithm in computing optimal constant lead time for each particular project in a repetitive (dynamic) PERT network by minimizing the average aggregate cost per project.
Length of lead time for the buyer.
Lead times for new projects, once four to five years, have crept up to between seven and eight years.
Given the long lead times for new projects in an oil company, however, it was soon decided that the six-year horizon was too limited.
After the failure to get the extension through earlier this month, the American Wind Energy Association said there was still time to take action, but added that due to the long lead times for wind projects, an extension really needed to happen in the first quarter of the year in order to avoid big job losses.
The effort required in a design project not only impacts the final cost, but also the project lead-time.
Monitoring climate and the projected changes would provide greater lead-time for preparing solutions.
Therefore, the lead time of development projects has to be shortened.
A long lead time is needed for television projects and managers were unhappy that Guthrie seemed oblivious of their need for certainty.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com