5 papers
Impact of aleatoric, stochastic and epistemic uncertainties on project cost contingency reserves
David Curto, Fernando Acebes, Jose M Gonzalez-Varona +1
In construction projects, contingency reserves have traditionally been estimated based on a percentage of the total project cost, which is arbitrary and, thus, unreliable in practi…
Stochastic Earned Value Analysis using Monte Carlo Simulation and Statistical Learning Techniques
Fernando Acebes, M Pereda, David Poza +2
The aim of this paper is to describe a new an integrated methodology for project control under uncertainty. This proposal is based on Earned Value Methodology and risk analysis and…
Building and development of an organizational competence for digital transformation in SMEs
Jose M Gonzalez-Varona, Adolfo Lopez-Paredes, David Poza +1
Purpose: The new competitive environment characterized by innovation and constant change is forcing a new organizational behavior. This requires a digital transformation of SMEs ba…
Stochastic Earned Duration Analysis for Project Schedule Management
Fernando Acebes, David Poza, Jose Manuel Gonzalez-Varona +1
Earned duration management (EDM) is a methodology for project schedule management (PSM) that can be considered an alternative to earned value management (EVM). EDM provides an esti…
On the project risk baseline: integrating aleatory uncertainty into project scheduling
Fernando Acebes, David Poza, Jose M Gonzalez-Varona +2
Obtaining a viable schedule baseline that meets all project constraints is one of the main issues for project managers. The literature on this topic focuses mainly on methods to ob…