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- W3040962003 abstract "Float and buffers can cushion local delays to protect the project finish. However, in construction projects, ‘who owns float and buffers and how much’ are fundamental challenges when deciding on their fair allocation among activities within a schedule. Based on the hypothesis that the network structure of the schedule must be considered in such allocation, this research introduces new theory to fairly and efficiently allocate such protective time periods, hereinafter referred to as float, at the activity level, where critical ones are most in need. Its contribution to the body of knowledge is fourfold: First, copulas are modified to correlate the activity durations. Second, the delay risk score is defined to reflect both the probability and the severity of their delay. Third, an algorithm rooted in political apportionment methods is created to allocate float via the delay risk score to those activities within the structure that have potential to turn critical in a Monte Carlo simulation. Fourth, saturation apportionment is identified for various test schedules. This can aid decision-makers in rationally allocating float in schedules to protect their projects from delays." @default.
- W3040962003 created "2020-07-16" @default.
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- W3040962003 date "2020-10-01" @default.
- W3040962003 modified "2023-09-30" @default.
- W3040962003 title "Apportioning Contract Float with Voting Methods to Correlated Activities in Network Schedules to Protect Construction Projects from Delays" @default.
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- W3040962003 doi "https://doi.org/10.1016/j.autcon.2020.103263" @default.
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