Abstract
Understanding diverse performance trajectories of projects is of interest to operations researchers and practitioners. Interactions between multiple phases of a project are commonly assumed to be important in project dynamics, yet the strength of these feedback mechanisms has not been rigorously evaluated. In this study we use data from 15 construction projects to estimate the feedbacks between design and construction phases. The estimated factors reveal that undiscovered design rework diminishes construction quality and production rate significantly and construction completion speeds up the detection of undiscovered design rework. Together, these feedbacks can explain as much as 20% of variability in overall project costs. Comparison of model predictions with a separate set of 15 projects shows good predictive power for cost and schedule outcomes and their uncertainty. The estimation and prediction framework offers a template for using data from multiple cases to estimate both case-specific and industry-wide parameters of project models, and for leveraging those estimates for project planning.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
