Abstract:Data on the progress of about a hundred construction projects were provided by Heathrow Airport. Most projects have many adjustments in their scope which impact the cost and schedule. Can an optimised scheduling of the project lead to decreased costs and more rapid completion? To answer this, both a data-centric approach and a complementary mathematical model were developed to better understand the effect of resource constraints on cost and price extension due to resource competition of concurrent projects. Th… Show more
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