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Fitting activity distributions using human partitioning and statistical calibration
- Source :
- Computers & Industrial Engineering. 129:126-135
- Publication Year :
- 2019
- Publisher :
- Elsevier BV, 2019.
-
Abstract
- Many project management and scheduling studies have modelled activity durations as a range of values to express the stochastic nature of projects in progress. A wide variety of simulation models have been proposed that all rely on pre-defined statistical probability distributions for the durations of project activities. Ideally, these distributions reflect the real stochastic nature of the activities to assure that the simulations imitate the expected reality in the best possible way. However, the distributions are often selected ad hoc, relying on a class of distributions that are often used in the statistical literature, but without having much links with the features of real projects. Recently, a calibration method has been proposed in literature and validated on a set of 24 projects that makes use of real project data to derive realistic statistical distributions. This paper builds further on the validation of this calibration method in three different ways. First, the procedure is now successfully used on a set of 125 projects (for which 83 could be used for the final analysis) from different sectors. Secondly, the procedure has been extended with a partitioning step performed by humans with experience in the particular project. Finally, some procedural extensions have been proposed to test the necessity of each step of the procedure.
- Subjects :
- Frequentist probability
Empirical data
021103 operations research
General Computer Science
business.industry
Computer science
0211 other engineering and technologies
General Engineering
02 engineering and technology
computer.software_genre
Risk profile
Distribution fitting
Scheduling (computing)
Log-normal distribution
0202 electrical engineering, electronic engineering, information engineering
Probability distribution
020201 artificial intelligence & image processing
Data mining
Project management
business
computer
Subjects
Details
- ISSN :
- 03608352
- Volume :
- 129
- Database :
- OpenAIRE
- Journal :
- Computers & Industrial Engineering
- Accession number :
- edsair.doi...........db48dc23ab23e11c00c2dd4fbb01168f
- Full Text :
- https://doi.org/10.1016/j.cie.2019.01.037