Download or read book A New Project Management System Dynamics Model and Simulator written by Burak Gozluklu and published by . This book was released on 2017 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulators generated from project management system dynamics models are exercised for training the future project managers. In today's' high dynamic, vibrant and complex markets, the models should incorporate more business dynamics and also provide more tools to the players who can flexibly steer in the project games. Along with that objective, this study brings new dynamics and modeling approach to the original multi-phase project system dynamics model of Ford and Sterman, 1998. The new dynamics include the development of new features in the market growing the customer expectation, reflection of customer expectation to project economics, supersede of project concurrencies by rushing the tasks, allowing the defects delivered to customers to be compensated by lifetime repair cost and free positioning of the phase schedules while maintaining concurrencies. A new formulation for completion putthrough, option to include final downstream defect correction and elaborate project econometrics are also included. The model is built in modules that can be utilized to increase the number of phases and/or explain the model to the trainees more easily. The project model employs two options; a zero-defect policy and allowed defect policy where the latter is newly introduced by the repair cost. The system dynamics model is tested by proposed extreme project manager traits which are implemented as table function to use one or more modules to pursue an ultimate objective within a certain logic. A construction project principally mimicking the cases provided by Parvan et al. 2015 is simulated with the manager traits. The results initiate interesting tradeoffs such as the influence of project delivery time versus repair cost, accepting new tasks versus creating more defects or rescheduling the project or positioning the workforce before the ramping up of testing and defective task correction activities. The model necessitates a deeper understanding and analyses of long-term phenomenon such as the lifetime repair cost, the financial consequences of defects and lifetime earnings of products as well as the continuous feature development in the market and its economic value. It is found that the current model proposes an enhanced tool for the training of future project managers. Keywords: System dynamics, project management, simulation, defect policy, numerical modeling.

Download or read book Business Dynamics Systems Thinking and Modeling for a Complex World with CD ROM written by John Sterman and published by McGraw-Hill Education. This book was released on 2000-02-23 with total page 982 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s leading authority on the subject of this text is the author, MIT Standish Professor of Management and Director of the System Dynamics Group, John D. Sterman. Sterman’s objective is to explain, in a true textbook format, what system dynamics is, and how it can be successfully applied to solve business and organizational problems. System dynamics is both a currently utilized approach to organizational problem solving at the professional level, and a field of study in business, engineering, and social and physical sciences.

Download or read book Evolving Toolbox for Complex Project Management written by Alex Gorod and published by CRC Press. This book was released on 2019-10-30 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book enhances learning about complex project management principles and practices through the introduction and discussion of a portfolio of tools presented as an evolving toolbox. Throughout the book, industry practitioners examine the toolsets that are part of the toolbox to develop a broader understanding of complex project management challenges and the available tools to address them. This approach establishes a dynamic, structured platform for a comprehensive analysis and assessment of the modern, rapidly changing, multifaceted business environment to teach the next generation of project managers to successfully cope with the ever increasing complexity of the 21st century.

Download or read book The Use of System Dynamics Simulation Models in Project Management Education written by Heba Saleh Ahmed and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Software Project Dynamics written by Tarek K. Abdel-Hamid and published by . This book was released on 1991 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: M->CREATED

Download or read book System Dynamics written by Juan Martín García and published by . This book was released on 2020-05-28 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book allows the reader to acquire step-by-step in a time-efficient and uncomplicated the knowledge in the formation and construction of dynamic models using Vensim. Many times, the models are performed with minimal current data and very few historical data, the simulation models that the student will design in this course accommodate these analyses, with the construction of realistic hypotheses and elaborate behavior models. That's done with the help of software Vensim that helps the construction of the models as well as performing model simulations. At the end of the book, the reader is able to: - Describe the components of a complex system. - Diagnose the natural evolution of the system under analysis. - Create a model of the system and present it using the simulation software. - Carry out simulations with the model, in order to predict the behavior of the system. Content Environmental Area 1. Population Growth 2. Ecology of a Natural Reserve 3. Effects of the Intensive Farming 4. The Fishery of Shrimp 5. Rabbits and Foxes 6. A Study of Hogs 7. Ingestion of Toxins 8. The Barays of Angkor 9. The Golden Number Management Area 10. Production and Inventory 11. CO2 Emissions 12. How to Work More and Better 13. Faults 14. Project Dynamics 15. Innovatory Companies 16. Quality Control 17. The impact of a Business Plan Social Area 18. Filling a Glass 19. A Catastrophe Study 20. The Young Ambitious Worker 21. Development of an Epidemic 22. The Dynamics of Two Clocks Mechanical Area 23. The Tank 24. Study of the Oscillatory Movements 25. Design of a Chemical Reactor 26. The Butterfly Effect 27. The Mysterious Lamp Advanced Exercises (Vensim PLE PLUS) 28. Import data from an Excel file 29. Building Games and Learning Labs 30. Interactive models 31. Input Output Controls 32. Sensitivity Analysis Annex I. Guide to creating a model II. Functions, Tables and Delays III. Frequently Asked Questions FAQs IV. Download the models of this book The author Juan Martín García is teacher and a worldwide recognized expert in System Dynamics, with more than twenty years of experience in this field. Ph.D. Industrial Engineer (Spain) and Postgraduated Diploma in Business Dynamics at Massachusetts Institute of Technology MIT (USA). He teaches Vensim online courses in http://vensim.com/vensim-online-courses/ based on System Dynamics.

Download or read book Modeling and Simulating Business Dynamics written by Juan García and published by . This book was released on 2019-10-12 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: INDEX OF PAPERS Paper 1. New Technologies and Employment Paper 2. Dynamic Balanced Scorecard Paper 3. The Procurement Process Paper 4. Scenario Planning Workshop Paper 5. Risk Analysis Methods Paper 6. Behavioural Stereotypes in Socio-Economic Systems Paper 7. Enterprise Resource Planning Paper 8. Marketing Research Paper 9. Group Model Building Paper 10. Business Dynamics Simulator Paper 11. Strategic Decision Support Paper 12. Rare Earth Elements Paper 13. Building a Learning Lab Paper 14. Human Resource Planning INDEX OF MODELS FOR BEGINNERS 1. Population Growth 2. Production and Inventory 3. How to Work More and Better 4. Project Dynamics 5. Innovatory Companies 6. Quality Control 7. Building Games and Learning Labs 8. Input Output Controls COLLECTION OF BOOKS Selected papers on System Dynamics 1.Agriculture and food production ISBN: 9781686984570 2.Business ISBN: 9781686997556 3.Ecology and the environment ISBN: 9781687000323 4.Economy: money and finances ISBN: 9781687003133 5.Energy ISBN: 9781687004932 6.Healthcare ISBN: 9781687006745 7.Housing and urban dynamics ISBN: 9781687008367 8.Supply chain and industrial dynamics ISBN: 9781687009975 9.Labor, human resources and social ISBN: 9781687015389 10.Sustainable development ISBN: 9781700341600 Detailed content in http://atc-innova.com/papers.htm ABOUT THE AUTHOR Juan Martin Garcia, expert in System Dynamics and System Thinking, Ph. D. Industrial Engineer UPC (Spain) and Postgraduate Diploma in Business Dynamics at the Sloan School of Management of the Massachusetts Institute of Technology (USA). He has been teacher of building simulation models during twenty years in several universities and now he teaches the online courses of Vensim in http://vensim.com/vensim-online-courses/

Download or read book Capturing Project Dynamics with a New Project Management Tool written by Ali Afsin Bulbul and published by . This book was released on 2005 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development of a System Dynamics Based Management Flight Simulator for New Product Development written by Daniel V. MacInnis and published by . This book was released on 2004 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) correct policies, procedures, and behaviors that lead to success. Research on the role of MFSs in driving the learning of system dynamics principles is explored. A single-phase system dynamics model for a new product development program and a MFS is developed to teach the fundamental lessons of system dynamics applied to product development project management and is to be incorporated in the BP Project Academy. Insight from my own experiences in product development is incorporated in this MFS as well as in recommendations for further development.

Download or read book A Project Management Simulation Model written by Svein Arne Jessen and published by . This book was released on 1991 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Introduction to Project Modeling and Planning written by Gündüz Ulusoy and published by Springer Nature. This book was released on 2021-04-05 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook teaches the basic concepts and methods of project management but also explains how to convert them to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples, and case studies that deal with real-life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured following these goals. Chapter 1 begins by introducing the basic concepts, methods, and processes of project management. This Chapter constitutes the base for defining and modeling project management problems. Chapter 2 explores the fundamentals of organizing and managing projects from an organization’s perspective. Issues related to project team formation, the role of project managers, and organization types are discussed. Chapter 3 is devoted to project planning and network modeling of projects, covering fundamental concepts such as project scope, Work Breakdown Structure (WBS), Organizational Breakdown Structure (OBS), Cost Breakdown Structure (CBS), project network modeling, activity duration, and cost estimating, activity-based costing (ABC), data and knowledge management. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. The CPM is covered. The unconstrained version of maximizing Net Present Value (NPV) is also treated here together with the case of time-dependent cash flows. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore reduce the project duration at the expense of additional costs. This topic is addressed for both continuous and discrete cases. Chapter 6 discusses models and methods of scheduling under uncertain activity durations. PERT is introduced for minimizing the expected project duration and extended to the PERT-Costing method for minimizing the expected project cost. Simulation is presented as another approach for dealing with the uncertainty in activity durations and costs. To demonstrate the use of the PERT, a case study on constructing an earthquake-resistant residential house is presented. Classifications of resource and schedule types are given in Chapter 7, and exact and heuristic solution procedures for the single- and multi-mode resource constrained project scheduling problem (RCPSP) are presented. The objective of maximizing NPV under resource constraints is addressed, and the capital-constrained project scheduling model is introduced. In Chapter 8, resource leveling, and further resource management problems are introduced. Total adjustment cost and resource availability cost problems are introduced. Various exact models are investigated. A heuristic solution procedure for the resource leveling problem is presented in detail. Also, resource portfolio management policies and the resource portfolio management problem are discussed. A case study on resource leveling dealing with the annual audit project of a major corporation is presented. Project contract types and payment schedules constitute the topics of Chapter 9. Contracts are legal documents reflecting the results of some form of client-contractor negotiations and sometimes of a bidding process, which deserve closer attention. Identification and allocation of risk in contracts, project control issues, disputes, and resolution management are further topics covered in this Chapter. A bidding model is presented to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 focuses on processes and methods for project monitoring and control. Earned Value Management is studied to measure the project performance throughout the life of a project and to estimate the expected project time and cost based on the current status of the project. How to incorporate inflation into the analysis is presented. In Chapter 11, qualitative and quantitative techniques including decision trees, simulation, and software applications are introduced. Risk phases are defined and building a risk register is addressed. An example risk breakdown structure is presented. The design of risk management processes is introduced, and risk response planning strategies are discussed. At the end of the Chapter, the quantitative risk analysis is demonstrated at the hand of a team discussion case study. Chapter 12 covers several models and approaches dealing with various stochastic aspects of the decision environment. Stochastic models, generation of robust schedules, use of reactive and fuzzy approaches are presented. Sensitivity and scenario analysis are introduced. Also, simulation analysis, which is widely used to analyze the impacts of uncertainty on project goals, is presented. Chapter 13 addresses repetitive projects that involve the production or construction of similar units in batches such as railway cars or residential houses. Particularly in the construction industry repetitive projects represent a large portion of the work accomplished in this sector of the economy. A case study on the 50 km section of a motorway project is used for demonstrating the handling of repetitive project management. How best to select one or more of a set of candidate projects to maintain a project portfolio is an important problem for project-based organizations with limited resources. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques are introduced. A multi-objective, multi-period project selection and scheduling model is presented. A case study that addresses a project portfolio selection and scheduling problem for the construction of a set of dams in a region is presented. Finally, Chapter 15 discusses three promising research areas in project management in detail: (i) Sustainability and Project Management, (ii) Project Management in the Era of Big Data, and (iii) the Fourth Industrial Revolution and the New Age Project Management. We elaborate on the importance of sustainability in project management practices, discuss how developments in data analytics might impact project life cycle management, and speculate how the infinite possibilities of the Fourth Industrial Revolution and the new technologies will transform project management practices.

Download or read book Developing Modular Oriented Simulation Models Using System Dynamics Libraries written by Christian K. Karl and published by Springer. This book was released on 2016-06-13 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This SpringerBrief introduces the development and practical application of a module-oriented development framework for domain specific system-dynamic libraries (SDL approach), which can be used in the simulation of multi-causal and dynamic relationships on different levels of an industry, as an example the construction industry. Multidisciplinary research and development teams, scientists from different domains as well as practitioners can develop SDL units from varying perspectives based on this approach. For example, the explanation of the risk situation of a company, the identification and evaluation of project risks, endangered operational procedures on various functional levels, or to improve the understanding of the decision making process in detail. This book is an excellent source for researchers, programmers and practitioners. It enables the development of suitable simulation systems from the beginning and demonstrates that it is possible to connect the development of simulation models and daily work. It provides advanced-level students from different domains with a comprehensive overview and clear understanding of a new and valuable modeling technique.

Download or read book Community Based System Dynamics written by Peter S. Hovmand and published by Springer Science & Business Media. This book was released on 2013-11-09 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Community Based System Dynamics introduces researchers and practitioners to the design and application of participatory systems modeling with diverse communities. The book bridges community- based participatory research methods and rigorous computational modeling approaches to understanding communities as complex systems. It emphasizes the importance of community involvement both to understand the underlying system and to aid in implementation. Comprehensive in its scope, the volume includes topics that span the entire process of participatory systems modeling, from the initial engagement and conceptualization of community issues to model building, analysis, and project evaluation. Community Based System Dynamics is a highly valuable resource for anyone interested in helping to advance social justice using system dynamics, community involvement, and group model building, and helping to make communities a better place.

Download or read book The Dynamic Progress Method written by J. Chris White and published by CRC Press. This book was released on 2016-04-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent computer-based tools for project planning and management focus on user-friendliness and interconnectivity. However, these programs function on the Critical Path Method, or CPM, which was created in the 1950s. These programs, which involve simplistic models and methods, ignore the fact that the underlying computations on which they function h

Download or read book Quantitative Assessment of Software Development Project Management Issues Using Process Simulation Modeling with System Dynamics Elements written by Carolyn Barrett Mizell and published by . This book was released on 2006 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work includes a major case study of a cancelled NASA software development project that experienced cost and schedule problems throughout its history. Analysis was performed using stochastic simulation with derived probability distributions for key software development factors. A system dynamics model of human resource issues was also combined with the process model to more thoroughly analyze the effects of turnover on a project. This research has demonstrated the benefits of using a simulation model when estimating to allow for more realistic budget and schedule determination including an interval estimate to help focus on the uncertainty of the estimates.

Download or read book Advanced Models for Project Management written by L. Valadares Tavares and published by Springer Science & Business Media. This book was released on 1999 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of project management has developed over the past 40 years; however, the recent increase in computer power has greatly accelerated its theoretical and computational developments. Advanced Models for Project Management is an expository treatment of the recent developments in project modeling. These advances and their treatment in the book are as follows: Chapters 2 and 3 broaden the concept of precedence and the description of activities to produce a wide range of realistic representation of projects. Chapters 4 and 5 explore the stochastic study of project features through several analytical and numerical models - using simulation and risk analysis - which provide experimental and forecasting analyses. Chapter 6 examines the allocation of resources in complex situations and restrictions, and also studies the financial aspects of projects and optimization of financial elements. Chapter 7 assesses and evaluates projects within the framework of multi-criteria decision theory. Chapter 8 concludes with an analysis of new models based on synthetic indicators, helping the operations manager select the most convenient solutions. Hence, the book provides a number of original advances, including: an assessment of the complexity and hardness of a project network; a description of the network's morphology; a new approach to simulate project networks; development of models based on continuous variables to optimize project schedules; and the development of a three-dimension model (MACMODEL) to assess and to evaluate projects and a new synthetic indicator to support the process of scheduling. Finally, several software products are presented that help the project manager to use new tools such as RISKNET and MACMODEL.

Download or read book Modeling and Simulation in Energy Management written by Juan Martín García and published by . This book was released on 2019-10-17 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the Civid19 crisis, shipments of paperback books on amazon.COM are restricted to the USA. For other countries, try your own marketplace, such as amazon.es for deliveries to Spain. --- --- --- --- INDEX OF PAPERS Paper 1. Modeling and Simulating Energy Policies Paper 2. Water-Energy-Food Nexus Paper 3. Environmental and Social Pressures in Mining Paper 4. Impacts of Electric Vehicle Diffusion Paper 5. Forecasting Electricity Demand Market Shares Paper 6. Rare Earths Production Forecasting Paper 7. Risk Analysis of Offshore Fire Paper 8. Scenario Planning Implementation Paper 9. Energy and Environmental Protection Paper 10. Simulating Petroleum Peak Curve Paper 11. Participative Group Model Building Paper 12. Green Growth and Ecotax Paper 13. Enterprise Resource Planning Implementation Paper 14. Occupational Accident Prevention Paper 15. Gamification and Project Management INDEX OF MODELS FOR BEGINNERS 1. Population Growth 2. The Golden Number 3. CO2 Emissions 4. Project Dynamics 5. Innovatory Companies 6. Design of a Chemical Reactor 7. Building Games and Learning Labs 8. Sensitivity Analysis COLLECTION OF BOOKS Selected papers on System Dynamics 1.Agriculture and food production ISBN: 9781686984570 2.Business ISBN: 9781686997556 3.Ecology and the environment ISBN: 9781687000323 4.Economy: money and finances ISBN: 9781687003133 5.Energy ISBN: 9781687004932 6.Healthcare ISBN: 9781687006745 7.Housing and urban dynamics ISBN: 9781687008367 8.Supply chain and industrial dynamics ISBN: 9781687009975 9.Labor, human resources and social ISBN: 9781687015389 10.Sustainable development ISBN: 9781700341600 Detailed content in http://atc-innova.com/papers.htm ABOUT THE AUTHOR Juan Martin Garcia, expert in System Dynamics and System Thinking, Ph. D. Industrial Engineer UPC (Spain) and Postgraduate Diploma in Business Dynamics at the Sloan School of Management of the Massachusetts Institute of Technology (USA). He has been teacher of building simulation models during twenty years in several universities and now he teaches the online courses of Vensim in http://vensim.com/vensim-online-courses/