AN INTEGRATED RISK-BASED TECHNIQUE FOR PROJECT PLAN SELECTION

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SEYED HOSSEINI S.M.; HATEFI MOHAMMAD ALI

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: International Journal of Industrial Engineering & Production Research Year:2009 | Volume:20 | Issue:1-2 Page(s): 31-40

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Information Journal Paper

Title

AN INTEGRATED RISK-BASED TECHNIQUE FOR PROJECT PLAN SELECTION

Author(s)

SEYED HOSSEINI S.M. | HATEFI MOHAMMAD ALI | Issue Writer Certificate

Keywords

PROJECT PLAN SELECTION

PROJECT RISK ANALYSIS

QUANTITATIVE RISK ANALYSIS

OVERALL PROJECT RISK

EFFICIENT FRONTIER

DIRECTED ACYCLIC GRAPH (DAG)

Abstract

Selecting an effective project plan is a significant area in the project management. The present paper introduces a technique to identify the project plan EFFICIENT FRONTIER for assessing the alternative project plans and selecting the best plan. The EFFICIENT FRONTIER includes two criteria: the project cost and the project time. Besides, the paper presents a scheme to incorporate Directed Acyclic Graph (DAG) into the PROJECT RISK ANALYSIS.This scheme is used to estimate the expected impacts of the occurrence of the project risks on the project cost and the project time. Also, a theoretical model is defined to provide integration between PROJECT RISK ANALYSIS and overall project planning using the breakdown structures. We believe that applying the proposed technique helps the company's managers in most effective manner dealing with his complicated project plan assessment and selection problems. The application of the technique was implemented in the companies in construction industry in which represented a considerable cost and time improvements.

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APA: Copy

SEYED HOSSEINI, S.M., & HATEFI, MOHAMMAD ALI. (2009). AN INTEGRATED RISK-BASED TECHNIQUE FOR PROJECT PLAN SELECTION. INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION RESEARCH (IJIE) (ENGLISH), 20(1-2), 31-40. SID. https://sid.ir/paper/569526/en

Vancouver: Copy

SEYED HOSSEINI S.M., HATEFI MOHAMMAD ALI. AN INTEGRATED RISK-BASED TECHNIQUE FOR PROJECT PLAN SELECTION. INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION RESEARCH (IJIE) (ENGLISH)[Internet]. 2009;20(1-2):31-40. Available from: https://sid.ir/paper/569526/en

IEEE: Copy

S.M. SEYED HOSSEINI, and MOHAMMAD ALI HATEFI, “AN INTEGRATED RISK-BASED TECHNIQUE FOR PROJECT PLAN SELECTION,” INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION RESEARCH (IJIE) (ENGLISH), vol. 20, no. 1-2, pp. 31–40, 2009, [Online]. Available: https://sid.ir/paper/569526/en

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