Project scheduling analysis and quantifying risk in construction delays using bayesian belief networks (Record no. 21216)

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fixed length control field 240626b xxu||||| |||| 00| 0 eng d
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Original cataloging agency AIKTC-KRRC
Transcribing agency AIKTC-KRRC
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9 (RLIN) 23748
Author Suresh, K. R.
245 ## - TITLE STATEMENT
Title Project scheduling analysis and quantifying risk in construction delays using bayesian belief networks
250 ## - EDITION STATEMENT
Volume, Issue number Vol.26(1), Jan-Mar
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Pune
Name of publisher, distributor, etc. NICMAR
Year 2011
300 ## - PHYSICAL DESCRIPTION
Pagination 16-32p.
520 ## - SUMMARY, ETC.
Summary, etc. Project management techniques are widely used to plan, execute, control, and deliver construction projects. The goals of a successful project management endeavor are to finish on time, within budget and according to the specifications and quality standards. The ultimate benefit of implementing project management techniques is a satisfied customer. With higher requirements of quality, increasing demand for shorter project completion times and more efficient use of available budgets, project management professionals are facing the necessity of using analytical and quantitative tools that are more sophisticated than traditional qualitative approaches. Management of risks and uncertainties in construction projects is only possible if risks have been identified and the potential impacts have been analysed. Principles of probability theory offer the mathematical basis for modelling risks and uncertainty and the analysis of its effect. Construction schedules are affected by uncertainties in weather, productivity, design, scope, site conditions, soil properties, material delivery time, equipment efficiency, etc,.[18]. All risks in a construction project might be schedule risks because they are related to the schedule directly or indirectly. Moreover, all activities can be critical due to uncertainties, even those that are not critical according to deterministic Critical Path Method (CPM). Capturing uncertainty in projects 'needs to go beyond variability and available data'. It needs to address ambiguity and incorporate structure and knowledge. In order to measure and analyse uncertainty properly, one needs to model relations between trigger (source), risk and impacts (consequences). The duration of a task is uncertain because there is no similar experience before, so the data is incomplete and suffers from imprecision and inaccuracy. Estimation of this sort of uncertainty is mostly subjective and based on estimator judgment. Any estimation is conditionally dependent on some assumptions and conditions even if they are not mentioned explicitly. These assumptions and conditions are major sources of uncertainty and need to be addressed and handled explicitly. The most well established approach to handling uncertainty in these circumstances is Bayesian approach [9][12]. The present work is an attempt to identify the uncertainties in the construction project activity duration estimates of a construction project in Indian context and quantifying the risk involved in construction delays using Bayesian Belief Networks (BBN's).
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
9 (RLIN) 4690
Topical term or geographic name entry element Construction Engineering and Management (CEM)
700 ## - ADDED ENTRY--PERSONAL NAME
9 (RLIN) 23751
Co-Author Kishore, R.
773 0# - HOST ITEM ENTRY
Place, publisher, and date of publication Pune National Institute of Construction Management and Research(NICMAR)
International Standard Serial Number 0970-3675
Title NICMAR Journal of construction management
856 ## - ELECTRONIC LOCATION AND ACCESS
URL https://publications.nicmar.ac.in/user/publication/viewissues/7
Link text Click here
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Koha item type Articles Abstract Database
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          School of Engineering & Technology School of Engineering & Technology Archieval Section 2024-06-26 2024-0773 2024-06-26 2024-06-26 Articles Abstract Database
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