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Analysis Of Resource-Constrained Stochastic Project Networks Using Discrete-Event Simulation

Project management has become a key component for improving organizational performance and is applied in many business areas and industries. Resource-constrained stochastic project networks are quite common. Managing such projects to maximize resource utilization and reduce project duration simultaneously is difficult. Resource loading, assignment rules, and priorities significantly affect project performance, especially in shared-resource, multi-project environments. This thesis provides an approach for using discrete-event simulation to analyze the behavior and performance of project networks that use resource pools. A method to translate project networks into simulation models is developed. The translator is used to convert and evaluate a benchmark test set of resource constrained stochastic project networks. The effect of factors like project network complexity, resource availability and allocation strategies on project performance is analyzed using a completely randomized design with factorial arrangement of the aforementioned factors. The conversion process and results from the analysis are discussed.

Identiferoai:union.ndltd.org:MSSTATE/oai:scholarsjunction.msstate.edu:td-1655
Date07 May 2005
CreatorsVanguri, Sucharith
PublisherScholars Junction
Source SetsMississippi State University
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceTheses and Dissertations

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