Show simple item record

dc.contributor.authorRaz, T.en_US
dc.contributor.authorErel, E.en_US
dc.date.accessioned2016-02-08T10:36:53Z
dc.date.available2016-02-08T10:36:53Z
dc.date.issued2000en_US
dc.identifier.issn0377-2217
dc.identifier.urihttp://hdl.handle.net/11693/24962
dc.description.abstractThe project control cycle consists of measuring the status of the project, comparing to the plan, analysis of the deviations, and implementing any appropriate corrective actions. We present an analytical framework for determining the optimal timing of project control points throughout the life cycle of the project. Our approach is based on maximizing the amount of information generated by the control points, which depends on the intensity of the activities carried out since the last control point and on the time elapsed since their execution. The optimization problem is solved with a dynamic programming approach. We report the results of numerical experimentation with the model involving different types of activity intensity profiles and several levels of information loss. For each combination, we compared the optimal amount of information to the amount of information obtained with two simpler policies: control at equal time intervals, and control at equal activity contents intervals. We also investigated the effect of adding more control points on the amount of information generated.en_US
dc.language.isoEnglishen_US
dc.source.titleEuropean Journal of Operational Researchen_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/S0377-2217(99)00492-0en_US
dc.subjectDynamic programmingen_US
dc.subjectInformation managementen_US
dc.subjectLaws and legislationen_US
dc.subjectLife cycleen_US
dc.subjectNumerical methodsen_US
dc.subjectPlanningen_US
dc.subjectProcess controlen_US
dc.subjectRecursive functionsen_US
dc.subjectActivity intensity profilesen_US
dc.subjectEqual activity contentsen_US
dc.subjectEqual time intervalsen_US
dc.subjectOptimal timingen_US
dc.subjectProject control pointsen_US
dc.subjectProject managementen_US
dc.titleOptimal timing of project control pointsen_US
dc.typeArticleen_US
dc.departmentDepartment of Managementen_US
dc.citation.spage252en_US
dc.citation.epage261en_US
dc.citation.volumeNumber127en_US
dc.citation.issueNumber2en_US
dc.identifier.doi10.1016/S0377-2217(99)00492-0en_US
dc.publisherElsevieren_US
dc.identifier.eissn1872-6860


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record