Abstract
Project managers for owners, designers, and contractors need real-time information to assist them in managing projects. This paper describes a process whereby owner, engineer, and construction contractor organizations can use continuous or time-dependent variables (e.g., owner expenditures, construction effort hours expended) to predict project outcomes from start of detailed design through construction completion. Continuous variable data were collected on 54 construction projects. S-curves were developed for two project outcome categories: (1) “successful” (meeting or exceeding budget and schedule expectations); and (2) “less-than-successful” (not meeting budget and/or schedule expectations of the owner). Statistical analysis was performed to identify those variables showing a statistically significant difference between the two project outcome categories. Variables exhibiting a significant difference between the S-curves for “successful” and “less-than-successful” projects can be used as predictors of ...
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More From: Journal of Construction Engineering and Management
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