Project review solution-directed model using system dynamics modelling

Eleyan, D (2006) Project review solution-directed model using system dynamics modelling. PhD thesis, University of Manchester, UK.

Abstract

Project review is an essential part in project management. It consists of two main processes, Evaluation and Prediction. Evaluation aims to assess the performance achieved between successive reviews and portrays a clear picture about the project's current situation. Prediction takes the outcomes of the evaluation process and produces a forecast for the project's future. Project review needs criteria to evaluate the situation of the project. The standard criteria in project management are time, work, quality and resources. This research augments current techniques in project review by developing a method that incorporates the techniques of earned value and balanced scorecard. The integration of these techniques within the context of project review presents an innovative approach that should enable decision makers more accurately to predict the performance of a project. The method presented in this thesis is a generic method consisting of a) a meta-model that determines the fundamental elements that need to be captured and represented and b) a process that determines the way the method can be used. The utility of the generic method is demonstrated by using a real project from the construction industry. The method is implemented using system dynamics for modelling and simulation.

Item Type: Thesis (Doctoral)
Uncontrolled Keywords: integration; simulation
Index terms: integration, system dynamics, project management, construction industry, modelling, balanced scorecard
Subjects: performance measurement, project management theory and practice, organizational analysis, industry analysis, computing systems, analytical methods
Topics: Organizational Design, Digital Applications, Research Practice, Quality Management, Engineering Principles, 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