Dynamic project management methodology: Managing schedule compression

Despite aggressive efforts of project managers to maintain a project schedule or to recover from a lapsed schedule, delays and cost overruns have become routine phenomenon at many construction projects. This research proposes a proactive schedule compression method to reduce the expected project completion time by removing latent lazy time caused by fallible scheduling and constraints that impose non-value-added effects on project. An additional objective of this research is to develop a systematic environmental model, the Dynamic Project Management Model under Schedule Compression (DPM), to improve performance against latency and complexities of design and construction projects in schedule compression. Developing and implementing the DPM model will result in the following research outcomes: the association of schedule compression and project components with the construction process and their effects on construction performance; detecting and eliminating latent lazy time that project has potentially; managing latency caused by schedule compression; understanding of schedule compression frameworks; and developing system dynamics-based schedule compression model to improve performance under the condition of latency and complexities of design and construction project.