Probabilistic analysis of an idealized model of construction projects

Legard, D A (1983) Probabilistic analysis of an idealized model of construction projects. Construction Management and Economics, 1(1), pp. 31-45. ISSN 01446193

Abstract

This paper examines, in mathematical terms, a simple, idealized model of (construction) projects, which are assumed to consist of a number of separate tasks, each of which is repeated a number of times. The concepts of randomly occurring interference, and variability in performance, are introduced, and their effect on the duration and cost of projects is examined in terms of the nature of the project. Conclusions are drawn as to the relevance of the analysis to live construction projects.

Item Type: Article
Uncontrolled Keywords: Construction management; interference; performance variability; probabilistic analysis; stochastic network analysis; uncertainty calculations
Index terms: construction project, variability, duration, stochastic network
Subjects: project controls, production management, networking, statistical analysis
Topics: Research Practice, Time Control, Project Management, Engineering Principles
Descriptive scope: 3 PCA

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