Abstract: The three important objectives of any project are time, cost and quality. In today scenario delivering projects in least possible time at least cost within maximum available budget has got a critical issue to the manager. Firstly, two different approaches crashing critical activities (CCA) and stretching non critical activities (SNA) are compared to illustrate the gauge of which approach to be used to complete the project within the maximum available budget and within least number of steps. Depending on five construction projects it is observed that the SNA approach is better than CCA approach. Secondly, evaluation of projects with respect to the criteria is generated. Next these evaluations are compared with respect to the criteria. Finally, the interactive technique is used for the selection of most desirable project. A numerical example is presented to illustrate the approaches and selection of desirable project out of the given projects.