Title An Optimal Scheduling Method Using Probability on the Estimation of Construction Duration
Authors Kim, Sang-Joong ; Lee, Jae-Soeb
Page pp.72-79
ISSN 1229-7534
Keywords Schedule Planning ; Probability Time Estimate ; Schedule Buffer
Abstract Critical Path-based project management has been applied to the construction projects with a goal of delivering projects within original costs and time estimates. These current project management methods, rarely make early finishes of construction projects. In addition, current practices on time management seems not to take advantages of early finishes concepts due to student syndrome and Parkinson's Law. This research study applied the Theory of Constraints(TOC) in the estimation of construction project duration. While the TOC includes variety of management techniques, in this study, it refers to critical chain that has been used to develop the specific management technique in scheduling. The concept of critical chain is applied to this study to solve the problems associated with the current scheduling method. The efforts focus to solve the problems associated with current construction project scheduling methods by adopting both stochastic estimation technique and the concept of schedule buffer.