Hierarchical decision-making model for planning and controlling stochastic projects

International Journal of Production Economics

Volumn 46-47, Issue , 1996, Pages 39-54

  Golenko Ginzburg, Dimitri ^a   Gonik, Aharon ^b   Kesler, Shmuel ^c  

^a BEN GURION UNIVERSITY OF THE NEGEV   (Israel)

^b Ludan Engineering Co Ltd   (Israel)

^c EXTENSION SERVICE   (Israel)

Author keywords

Activity network; Budget allocation; Confidence probability; Joint variant; Stochastic project

Indexed keywords

BUDGET CONTROL; COST ACCOUNTING; DECISION MAKING; DECISION THEORY; MATHEMATICAL MODELS; OPTIMIZATION; PROBABILITY; RANDOM PROCESSES; STRATEGIC PLANNING; SYSTEMS ENGINEERING;

ACTIVITY NETWORK; BUDGET ALLOCATION; CONFIDENCE PROBABILITY; JOINT VARIANT; STOCHASTIC PROJECTS;

PRODUCTION CONTROL;

EID: 0030393113     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/0925-5273(95)00055-0     Document Type: Article

References (8)

1. Pearson, A.W., 1990. Planning and control in research and development. OMEGA, 18(6): 573-581.
2. Kidd, J.B., 1987. A comparison between the VERT program and other methods of project duration estimates, OMEGA, 15(2): 129-134.
3. Schonberger, R.I., 1981. Why projects are always late: a rationale based on simulation of a PERT/CPM method, Interfaces, 11(5): 66-70.
4. Golenko-Ginzburg, D., 1988. Controlled alternative activity networks in project management, Eur. J. Oper. Res., 37: 336-346.
5. Golenko-Ginzburg, D., 1993. A two-level decision-making model for controlling stochastic projects. Int. J. Prod. Econom., 32: 117-127.
6. Elmaghraby, S., 1977. Activity Networks: Project Planning and Control by Network Models. Wiley, New York.
7. Pritsker, A.A.B., 1977. Modelling and Analyzing Using Q-GERT Networks. Wiley, New York.
8. Gonik, A., 1995. Planning and controlling R&D stochastic projects. Ph.D. Thesis, Ben-Gurion University of the Negev, Beer-Sheva, Israel.