PROJECT REVIEW SOLUTION-DIRECTED MODEL
USING SYSTEM DYNAMIC MODELLING
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The model is evaluated using a case study from a construction industry. This case study has been selected from a construction industry because the construction projects are well defined and the project baseline plan consists of: 1) a detailed schedule containing all the authorized work, 2) schedules containing the authorized resources to conduct the work, and 3) payments by the cost manager to contractors based on their physical accomplished work, together with the original authorized budget for the work. The model can be used as an approach to scrutinise the plan. The model provides a good fa...
The model is evaluated using a case study from a construction industry. This case study has been selected from a construction industry because the construction projects are well defined and the project baseline plan consists of: 1) a detailed schedule containing all the authorized work, 2) schedules containing the authorized resources to conduct the work, and 3) payments by the cost manager to contractors based on their physical accomplished work, together with the original authorized budget for the work. The model can be used as an approach to scrutinise the plan. The model provides a good facility to test the planning values in order to see if they are effectively planned. For example, the model can be fed with the values of the number of staff planned to conduct the project work, their productivity and the amount of work needed to be done, in order to foresee if the staff and the productivity are adequate to perform the required amount of work. The example below explains how to verify the planned values of staff and their productivity in the planning stage.
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