Activity Flow Optimization and Risk Evaluation of Complex Project

Dong-yu CHEN; Wan-hua QIU; Min YANG; Mei-yung LEUNG

doi:10.1109/WICOM.2007.1272

Activity Flow Optimization and Risk Evaluation of Complex Project

Dong-yu CHEN^*, Wan-hua QIU, Min YANG, Mei-yung LEUNG

^*Corresponding author for this work

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

1 Citation (Scopus)

Abstract

In order to effectively control the schedule and cost of complex project, this paper proposes an algorithm for optimizing activity sequences and a model for evaluating schedule/cost risks based on Dependency Structural Matrix (DSM) theory. The activity optimization algorithm aims to reduce unnecessary activity rework by arranging activity execution order properly. Risk evaluation model also takes account of the uncertainties of project activities as well as learning effects. The simulation result indicates that our optimization algorithm can effectively reduce cost and compress schedule for complex projects.

Original language	English
Title of host publication	2007 International Conference on Wireless Communications, Networking and Mobile Computing
Publisher	IEEE
Pages	5196-5199
ISBN (Electronic)	978-1-4244-1312-6
ISBN (Print)	978-1-4244-1311-9
DOIs	https://doi.org/10.1109/WICOM.2007.1272
Publication status	Published - Sept 2007
Event	2007 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2007 - Shanghai, China Duration: 21 Sept 2007 → 25 Sept 2007

Conference

Conference	2007 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2007
Country/Territory	China
City	Shanghai
Period	21/09/07 → 25/09/07

Research Keywords

complex projects
DSM
simulation
project management

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10.1109/WICOM.2007.1272

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@inproceedings{3fcabfae4f0a4d4a855f0707d0b9cc5e,

title = "Activity Flow Optimization and Risk Evaluation of Complex Project",

abstract = "In order to effectively control the schedule and cost of complex project, this paper proposes an algorithm for optimizing activity sequences and a model for evaluating schedule/cost risks based on Dependency Structural Matrix (DSM) theory. The activity optimization algorithm aims to reduce unnecessary activity rework by arranging activity execution order properly. Risk evaluation model also takes account of the uncertainties of project activities as well as learning effects. The simulation result indicates that our optimization algorithm can effectively reduce cost and compress schedule for complex projects.",

keywords = "complex projects, DSM, simulation, project management",

author = "Dong-yu CHEN and Wan-hua QIU and Min YANG and Mei-yung LEUNG",

year = "2007",

month = sep,

doi = "10.1109/WICOM.2007.1272",

language = "English",

isbn = "978-1-4244-1311-9",

pages = "5196--5199",

booktitle = "2007 International Conference on Wireless Communications, Networking and Mobile Computing",

publisher = "IEEE",

address = "United States",

note = "2007 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2007 ; Conference date: 21-09-2007 Through 25-09-2007",

}

CHEN, D, QIU, W, YANG, M & LEUNG, M 2007, Activity Flow Optimization and Risk Evaluation of Complex Project. in 2007 International Conference on Wireless Communications, Networking and Mobile Computing. IEEE, pp. 5196-5199, 2007 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2007, Shanghai, China, 21/09/07. https://doi.org/10.1109/WICOM.2007.1272

Activity Flow Optimization and Risk Evaluation of Complex Project. / CHEN, Dong-yu; QIU, Wan-hua; YANG, Min et al.
2007 International Conference on Wireless Communications, Networking and Mobile Computing. IEEE, 2007. p. 5196-5199.

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

TY - GEN

T1 - Activity Flow Optimization and Risk Evaluation of Complex Project

AU - CHEN, Dong-yu

AU - QIU, Wan-hua

AU - YANG, Min

AU - LEUNG, Mei-yung

PY - 2007/9

Y1 - 2007/9

N2 - In order to effectively control the schedule and cost of complex project, this paper proposes an algorithm for optimizing activity sequences and a model for evaluating schedule/cost risks based on Dependency Structural Matrix (DSM) theory. The activity optimization algorithm aims to reduce unnecessary activity rework by arranging activity execution order properly. Risk evaluation model also takes account of the uncertainties of project activities as well as learning effects. The simulation result indicates that our optimization algorithm can effectively reduce cost and compress schedule for complex projects.

AB - In order to effectively control the schedule and cost of complex project, this paper proposes an algorithm for optimizing activity sequences and a model for evaluating schedule/cost risks based on Dependency Structural Matrix (DSM) theory. The activity optimization algorithm aims to reduce unnecessary activity rework by arranging activity execution order properly. Risk evaluation model also takes account of the uncertainties of project activities as well as learning effects. The simulation result indicates that our optimization algorithm can effectively reduce cost and compress schedule for complex projects.

KW - complex projects

KW - DSM

KW - simulation

KW - project management

UR - http://www.scopus.com/inward/record.url?scp=38049053671&partnerID=8YFLogxK

UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-38049053671&origin=recordpage

U2 - 10.1109/WICOM.2007.1272

DO - 10.1109/WICOM.2007.1272

M3 - RGC 32 - Refereed conference paper (with host publication)

SN - 978-1-4244-1311-9

SP - 5196

EP - 5199

BT - 2007 International Conference on Wireless Communications, Networking and Mobile Computing

PB - IEEE

T2 - 2007 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2007

Y2 - 21 September 2007 through 25 September 2007

ER -

Activity Flow Optimization and Risk Evaluation of Complex Project

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