The effect of systemic errors on optimal project buffers (Record no. 15042)
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000 -LEADER | |
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fixed length control field | 01597naa a2200205uu 4500 |
001 - CONTROL NUMBER | |
control field | 6032211321321 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190211160717.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 060322s2006 xx ||||gr |0|| 0 eng d |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | eng |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | TRIETSCH, Dan |
9 (RLIN) | 23520 |
245 10 - TITLE STATEMENT | |
Title | The effect of systemic errors on optimal project buffers |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Place of publication, distribution, etc. | Amsterdam : |
Name of publisher, distributor, etc. | Elsevier, |
Date of publication, distribution, etc. | May 2005 |
520 3# - SUMMARY, ETC. | |
Summary, etc. | Existing mathematical models for setting buffers for time or cost in project management assume that project activities are statistically independent. This leads to a highly counterintuitive and damaging conclusion that project buffers should become relatively negligible for projects with long chains of activities. We present a model that considers the statistical dependence between activities caused by estimation bias. We show that if relatively high service levels are desired, this imposes a positive lower bound on the buffer as a data-based fraction of the estimated project duration or budget. We also introduce a new approach for collecting data and estimating the parameters necessary to implement the model. This approach places a smaller burden on decision makers than traditional PERT: they provide single point estimates for means, while variance elements and bias correction are computed electronically using historical data. |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Tempo |
9 (RLIN) | 16923 |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Custo |
9 (RLIN) | 12970 |
773 08 - HOST ITEM ENTRY | |
Title | International Journal of Project Management |
Related parts | 23, 4, p. 267-274 |
Place, publisher, and date of publication | Amsterdam : Elsevier, May 2005 |
International Standard Serial Number | ISSN 0263-7863 |
Record control number | |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Periódico |
998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
-- | 20060322 |
Operator's initials, OID (RLIN) | 1132^b |
Cataloger's initials, CIN (RLIN) | Natália |
998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
-- | 20130820 |
Operator's initials, OID (RLIN) | 0957^b |
Cataloger's initials, CIN (RLIN) | karina |
No items available.