Legard, D A (1983) Probabilistic analysis of an idealized model of construction projects. Construction Management and Economics, 1(1), pp. 31-45. ISSN 01446193
Official URL: https://doi.org/10.1080/01446198300000004
Abstract
This paper examines, in mathematical terms, a simple, idealized model of (construction) projects, which are assumed to consist of a number of separate tasks, each of which is repeated a number of times. The concepts of randomly occurring interference, and variability in performance, are introduced, and their effect on the duration and cost of projects is examined in terms of the nature of the project. Conclusions are drawn as to the relevance of the analysis to live construction projects.
Item Type: | Article |
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Uncontrolled Keywords: | Construction management; interference; performance variability; probabilistic analysis; stochastic network analysis; uncertainty calculations |
Date Deposited: | 11 Apr 2025 14:43 |
Last Modified: | 11 Apr 2025 14:43 |