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Understanding Project Performance with Stochastic Interruption
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DOI：10.3390/su14052964.png)
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摘要
En 中文
It is becoming increasingly important to implement projects with care on environmental conditions. Some projects can be carried out only during the allowable season and interrupted during other seasons. Such a project interruption is expected to affect the quality of the project's outcome through the decision-making of the stakeholders. This paper investigates the impact of interruption on the decision-making of the project owner and the contractor. We consider a project with some work after the interruption period (two-year project), the owner can select another option (one-year project) where all work is completed before the interruption period. If the fixed cost is higher relative to the benefit, our results show that the contractor prefers the one-year project, even when the owner selects the two-year project. We also represent the two threshold values of the interruption length that determine the owner's selection and relative quality of outcomes, respectively. It was found that a range of interruption length where the selected project does not provide the higher quality outcome.
Keyword:
project management
stochastic interruption
dynamic optimization
期刊
IF:
3.3
论文数:
10.6W
被引数:
28.4W
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