Given the growing number of development projects, proper project planning and management are crucial. The purpose of this paper is to introduce a heuristic algorithm for scheduling a power plant project construction and project resource management to determine the size of project buffers and feeding buffers. This algorithm consists of three steps: 1. estimating the duration of project activities; 2. determining the size of the project buffer and feeding buffers; and 3. simulating the mentioned algorithm, which will be explained below. Innovations of this research are as follows: estimating the exact duration of project activities by using a heuristic algorithm, in addition to determining the buffer size; calculating both project buffer and feeding buffers; and applying the algorithm to implement an ACC used in combined cycle power plant projects as a numerical example. In order to evaluate the proposed algorithm, inputs from this project were run through several algorithms recently presented. The results showed that a suitable amount of buffers can be allocated for projects using this algorithm.