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International Journal of Advances in Computer Science and Its Applications

Management of Project Schedule Exceptions based on Bayesian Networks

Author(s) : CHULSOON PARK , HONGSUK SUNG , SANGCHEON LEE , SUNGMOON BAE

Abstract

The market size of plant projects in overseas is so large that domestic EPC project contractors are actively seeking the overseas projects and then trying to meet completion plans since successful fulfillment of these projects can provide great opportunities for them to expand into new foreign markets. International EPC projects involve all of the uncertainties common to domestic projects as well as uncertainties specific to foreign projects including marine transportation, customs, regulations, nationality, culture and so on. When overseas project gets off-schedule, the resulting uncertainty may trigger unexpected exceptions and then critical effects to the project performance. It usually require much more time and costs to encounter these exceptions in foreign sites compared to domestic project sites. Therefore, an exception handling approach is required to manage exceptions effectively for successful project progress in foreign project sites.

No fo Author(s) : 4
Page(s) : 305
Electronic ISSN : 2250 - 3765
Volume 8 : Issue 1
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