10th Annual International Conference on Industrial Engineering and Operations Management

Managing Project Delays: Simulation-Based Methodology for Project Scheduling

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Track: Undergraduate STEM Research Competition
Abstract

The aim of this paper is to recommend proactive actions to avoid disruption in achieving project objectives, in particular to meet project deadlines. A case study was conducted on an ongoing project in Kuwait (which is Al-Ghouse Road) in order to avoid potential schedule delays. The originality of this approach is the ability to detect crucial activities and events that might delay projects but are not detected by classical techniques. In the beginning, high-level actions were recommended by following the project risk management process defined by the Project Management Institute (PMI). After identifying the risks at the high level; the project schedule was analysed using Monte Carlo Simulation, by taking into account the uncertainties in the estimation of activities durations. This helps in identifying crucial project tasks with high uncertainty and deliverables that might delay the whole project but not identified by the Critical Path Method. Different professional software were used: “RiskyProject”, “Primavera” and “MS Project”.

Published in: 10th Annual International Conference on Industrial Engineering and Operations Management, Dubai, United Arab Emirates

Publisher: IEOM Society International
Date of Conference: March 10-12, 2020

ISBN: 978-1-5323-5952-1
ISSN/E-ISSN: 2169-8767