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Proceedings of

5th International Conference on Advances in Computing, Communication and Information Technology CCIT 2017

"MANAGEMENT OF PROJECT SCHEDULE EXCEPTIONS BASED ON BAYESIAN NETWORKS"

CHULSOON PARK HONGSUK SUNG SANGCHEON LEE SUNGMOON BAE
DOI
10.15224/978-1-63248-131-3-24
Pages
82 - 82
Authors
4
ISBN
978-1-63248-131-3

Abstract: “The market size of plant projects in overseas is so large that domestic EPC project contractors are actively seek ing the overseas projects and then trying to meet completion plans since successful fulfillment of these projects can provide great opportunities for them to expand into new foreign markets. International EPC projects involve all of the uncertainties commo n to domestic projects as well as uncertainties specific to foreign projects including marine transportation, customs, regulations, nationality, culture and so on. When overseas project gets off - schedule, the resulting uncertainty may trigger unexpected ex ceptions and then critical effects to the project performance. It usually require much more time and costs to encounter these exceptions in foreign sites compared to domestic project sites. Therefore, an exception handling approach is required to manage ex ceptions effectively for successful project progress in foreign project sites. In this research, we proposed a me”

Keywords: Bayesian Networks, Exception Handling, Sensitivity Analysis, Schedule Prediction

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