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Estimating project and activity durations: a risk management approach using network analysis

By: Language: English Series: Construction Management & Economics ; 16(1) January 1998, 41-48(8)Publication details: 1998Subject(s): Summary: Looks at the development of a methodology which can accurately model activity dependence and realistically predict project duration using a risk management approach. Identifies risk factors causing activity variations using literature reviews and interviews with contractors and the development of a computer based simulation model using a modified Monte Carlo technique to model activity duration and dependence of risk factors. References.

Looks at the development of a methodology which can accurately model activity dependence and realistically predict project duration using a risk management approach. Identifies risk factors causing activity variations using literature reviews and interviews with contractors and the development of a computer based simulation model using a modified Monte Carlo technique to model activity duration and dependence of risk factors. References.