Early estimation of project performance: the application of a system dynamics rework model

Thomas A Walworth, Mike Yearworth, John P Davis, Paul Davies

Research output: Chapter in Book/Report/Conference proceedingConference Contribution (Conference Proceeding)

3 Citations (Scopus)

Abstract

We address the problem of rework in complex project management by the use of System Dynamics modeling and estimated planned performance profiles. Early indications of problems arising with a project can be generated by comparing estimated planed performance profiles with actual performance profiles. Estimating project quality for use in the System Dynamics models thus becomes the key challenge to enable the use of this leading indicator. Estimates of project quality based on experience of project type, size and complexity within the organization can be used them to parameterize the System Dynamics models to generate estimated planned performance profiles. Early results indicate that the morphology of these profiles shows good agreement with project data emerging from the metrics initiative within Thales UK
Original languageEnglish
Title of host publicationProceedings of the IEEE International Systems Conference 2013 (SysCon 2013)
Pages204-208
DOIs
Publication statusPublished - 2013
EventIEEE International Systems Conference 2013 - Orlando, United States
Duration: 15 Apr 201318 Apr 2013

Conference

ConferenceIEEE International Systems Conference 2013
CountryUnited States
CityOrlando
Period15/04/1318/04/13

Keywords

  • Project Management
  • Rework
  • System Dynamics
  • Quality
  • Estimation

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