Robust control of cost impact on fast-tracking building construction projects

Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 1999.

Bibliographic Details
Main Author: Park, Moonseo, 1967-
Other Authors: Feniosky Peña-Mora.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2005
Subjects:
Online Access:http://hdl.handle.net/1721.1/9500
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author Park, Moonseo, 1967-
author2 Feniosky Peña-Mora.
author_facet Feniosky Peña-Mora.
Park, Moonseo, 1967-
author_sort Park, Moonseo, 1967-
collection MIT
description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 1999.
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spelling mit-1721.1/95002020-03-30T21:50:48Z Robust control of cost impact on fast-tracking building construction projects Park, Moonseo, 1967- Feniosky Peña-Mora. Massachusetts Institute of Technology. Dept. of Civil and Environmental Engineering. Massachusetts Institute of Technology. Department of Civil and Environmental Engineering Civil and Environmental Engineering. Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 1999. Includes bibliographical references (leaves 74-75). The fast-tracking delivery method has received considerable attention in recent years. Its time saving feature has placed it as an alternative to the sequential method. Effective fast-tracking may shorten delivery time and lower project costs. However, it should be highlighted that fast tracking also inherits a greater potential for an unexpected cost increase due to uncertainty in planning and management. To handle such inherent risks, fast-tracking should be undertaken with proper planning and management in a systematic manner. A closer observation of the design and construction process reveals that all of the cost-increasing factors in fast-tracking are directly or indirectly related to non value-adding or corrective changes. These changes are mainly attributed to uncertainty that is rooted in the interdependency of project tasks. Consequently, reducing this interdependency and managing the undesirable interactions among project tasks hold a key to successful fast-tracking. To meet these challenges, a robust planning and control methodology is developed to provide a systematic solution. The proposed methodology is elaborated based on concurrent engineering and system dynamics. Concurrent engineering is applied to develop an overlapping framework for the construction processes and to enable the interdependency among them to be minimized. The system dynamics modeling approach helps analyze and quantify the effect of dynamic interactions among the design and construction processes. The final result of this research may help ensure that the fast-tracking approach achieves sizable delivery time reductions without driving up costs. The provision of an optimal overlapping strategy, workforce control policy, and schedule adjustments assists in satisfying this goal. by Moonseo Park. S.M. 2005-08-22T18:50:37Z 2005-08-22T18:50:37Z 1999 1999 Thesis http://hdl.handle.net/1721.1/9500 43703391 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 75 leaves 5723250 bytes 5723009 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology
spellingShingle Civil and Environmental Engineering.
Park, Moonseo, 1967-
Robust control of cost impact on fast-tracking building construction projects
title Robust control of cost impact on fast-tracking building construction projects
title_full Robust control of cost impact on fast-tracking building construction projects
title_fullStr Robust control of cost impact on fast-tracking building construction projects
title_full_unstemmed Robust control of cost impact on fast-tracking building construction projects
title_short Robust control of cost impact on fast-tracking building construction projects
title_sort robust control of cost impact on fast tracking building construction projects
topic Civil and Environmental Engineering.
url http://hdl.handle.net/1721.1/9500
work_keys_str_mv AT parkmoonseo1967 robustcontrolofcostimpactonfasttrackingbuildingconstructionprojects