Using Schedule Risk Analysis with resource constraints for project control

Jie Song, Annelies Martens and Mario Vanhoucke

European Journal of Operational Research, 2021, vol. 288, issue 3, 736-752

Abstract: Schedule Risk Analysis (SRA) has shown to provide reliable activity sensitivity information for taking corrective actions during project control. More precisely, by selecting a small subset of activities with high sensitivity values for taking corrective actions, the project outcome can be improved. In resource constrained projects, disrupted activities can affect both their successors as well as other activities when resource conflicts are induced. Since SRA focuses solely on the project network to determine the sensitivity of activities, the traditional SRA metrics do not accurately reflect the activity sensitivity for resource constrained projects. In this paper, the traditional SRA metrics are extended for resource constrained projects, and a novel resource-based sensitivity metric is introduced (RC-SRA metrics).

Keywords: Project management; Project control; Resource-constrained; Schedule Risk Analysis; Simulation (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:288:y:2021:i:3:p:736-752

DOI: 10.1016/j.ejor.2020.06.015

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