Evaluation of Expansion of Managerial Flexibilities of Critical Path Method Scheduling Under Uncertainty Through A Risk Simulation Model

Scheduling of a construction project using an activity network can be done using the Critical Path Method (CPM). CPM scheduling, since it was first developed in the USA in 1950’s, has been widely applied in various sectors including the construction sector. CPM, however, is incapable of reflecting the influence of uncertainty on schedules and...

Evaluation Of Managerial Flexibilities In Critical Path Method Based Construction Schedules

Scheduling of a construction project can be done by using the Critical Path Method (CPM) in case the project is composed of interrelated activities that can be combined through a network. Given uncertainties nowadays and the related need for project schedule adaptations, the question is raised whether and how “traditional” CPM based schedules...