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A Hybrid Approach for Project Crashing Optimization Strategy with Risk Consideration: A Case Study for an EPC Project
2019
Mathematical Problems in Engineering
This study aims to develop and provide a comprehensive evaluation strategy for schedule-related variations and time-cost analysis for an engineering–procurement–construction (EPC) project. Time-cost analysis is an important aspect of project scheduling, particularly in long-term and costly EPC projects. In this study, a hybrid method is proposed for the time-cost optimization strategy evaluation of a project. Monte Carlo simulation is applied to determine contingency plans and realize the
doi:10.1155/2019/9649632
fatcat:3gnk2e34fjg7zdrhty2gd5tl7a