Abstract
Changes in a construction project schedule can impact the project's planned duration, resulting in penalties. A manual trial-and-error probabilistic approach is usually conducted to find an appropriate set of corrective measures to mitigate delays of the overall project. However, this approach does not capture the actual goal-oriented behavior of project managers who react to the actual scenarios causing delays, leading to a fundamental modeling error. Moreover, it does not employ control and automation concepts when finding the optimal mitigation strategy. To remove this modeling error and to automate the mitigation process, the Mitigation Controller (MitC) software is developed. The MitC searches for the most cost-effective set of mitigation measures considering risk events and durations uncertainties of activities. Moreover, the MitC captures activity correlations and enables contractual penalty/reward schemes in the simulation. As a result, it returns the most effective mitigation strategy that minimizes the mitigation cost and penalty and maximizes the reward potential. The Mitigation Controller introduced here constitutes an open-source code written in Matlab
Original language | English |
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Article number | 101023 |
Number of pages | 7 |
Journal | SoftwareX |
Volume | 18 |
DOIs | |
Publication status | Published - Jun 2022 |
Bibliographical note
Funding Information:This work is part of the research programme D-to-MII (Design to Manage Interconnected Infrastructures) with project number 439.16.823 , which is financed by the Dutch Research Council (NWO), The Netherlands . We want also to thank the TU Delft Digital Competence Center for supporting the software development.
Funding
This work is part of the research programme D-to-MII (Design to Manage Interconnected Infrastructures) with project number 439.16.823 , which is financed by the Dutch Research Council (NWO), The Netherlands . We want also to thank the TU Delft Digital Competence Center for supporting the software development. This work is part of the research programme D-to-MII (Design to Manage Interconnected Infrastructures) with project number 439.16.823, which is financed by the Dutch Research Council (NWO), The Netherlands . We want also to thank the TU Delft Digital Competence Center for supporting the software development.
Keywords
- Activity correlation
- Corrective measure
- Monte Carlo simulation
- Penalty and reward
- Project scheduling
- Risk
- Time-cost optimization
- Uncertainty