Schatteman, D; Herroelen, W; Van De Vonder, S and Boone, A (2008) Methodology for integrated risk management and proactive scheduling of construction projects. Journal of Construction Engineering and Management, 134(11), pp. 885-893. ISSN 0733-9364
Abstract
An integrated methodology is developed for planning construction projects under uncertainty. The methodology relies on a computer supported risk management system that allows for the identification, analysis, and quantification of the major risk factors and the derivation of their probability of occurrence and their impact on the duration of the project activities. Using project management estimates of the marginal cost of activity starting time disruptions, a heuristic procedure is used to develop a stable proactive baseline schedule that is sufficiently protected against the anticipated disruptions that may occur during project execution and that exhibits acceptable makespan performance. We illustrate the application of the methodology on a real life construction project and demonstrate that our proactive scheduler generates baseline schedules that outperform the schedules generated by commercial software packages in terms of robustness and timely project completion probability.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction management; methodology; resource allocation; risk management; scheduling |
| Index terms: | heuristic, quantification, resource allocation, project management, estimate, duration, risk management, risk factor, software package, scheduling, scheduler, construction project, methodology |
| Subjects: | project controls, measurement and scaling, environmental hazards, research methods, software systems, production management, project management theory and practice, operations research, financial and cost management, resource management, risk assessment, practitioner |
| Topics: | Time Control, Site Management, Risk Management, Roles and Professions, Sustainability, Cost Management, Engineering Principles, Research Practice, Project Management |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here