Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)

Objective: Achieving the time and cost objectives of projects in the real world is difficult because of unforeseen and uncertain issues. Time and cost estimates at the beginning of the project are usually optimistic and do not take into account the uncertainties that lead to deviations from the obje...

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Autores principales: Iman Doost Mohamadi, Akbar Alem Tabriz, Abbas Raad, Mostafa Zandieh
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Lenguaje:FA
Publicado: University of Tehran 2020
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Acceso en línea:https://doaj.org/article/bb4488a58e0d47c786238b2d9037d1e7
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spelling oai:doaj.org-article:bb4488a58e0d47c786238b2d9037d1e72021-11-14T05:49:28ZDesigning and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)2008-58852423-536910.22059/imj.2021.303889.1007745https://doaj.org/article/bb4488a58e0d47c786238b2d9037d1e72020-12-01T00:00:00Zhttps://imj.ut.ac.ir/article_83180_722b80d1f2bdebada3375bb1c41caff1.pdfhttps://doaj.org/toc/2008-5885https://doaj.org/toc/2423-5369Objective: Achieving the time and cost objectives of projects in the real world is difficult because of unforeseen and uncertain issues. Time and cost estimates at the beginning of the project are usually optimistic and do not take into account the uncertainties that lead to deviations from the objectives. The purpose of this study is to provide a combined method of allocating redundancy resource and buffer to improve the achievement of time and cost objectives (project reliability).Methods: In this method, by allocating a precautionary time reserve at the end of each activity and the end of the project and allocating redundancy resource, the reliability of the project is improved so that time and cost are not sacrificed and the most desirable cost and time for the project will be achieved. For this purpose, the mathematical model of optimal allocation of buffer and redundancy resource to improve time and cost stability has been presented and its application in one of the real projects of the country's oil and gas industry has been studied and validated.Results: The research findings indicate a 37 percent improvement in time reliability and a 28 percent improvement in project cost reliability using the proposed method.Conclusion: The results of the study indicate an improvement in the attention span in achieving the time and cost objectives of the project using the proposed method and considering the real conditions of projects, including uncertainties and special conditions such as sanctions.Iman Doost MohamadiAkbar Alem TabrizAbbas RaadMostafa ZandiehUniversity of Tehranarticleproject reliabilityuncertaintyredundancy resourcebufferManagement. Industrial managementHD28-70FAمدیریت صنعتی, Vol 12, Iss 4, Pp 521-544 (2020)
institution DOAJ
collection DOAJ
language FA
topic project reliability
uncertainty
redundancy resource
buffer
Management. Industrial management
HD28-70
spellingShingle project reliability
uncertainty
redundancy resource
buffer
Management. Industrial management
HD28-70
Iman Doost Mohamadi
Akbar Alem Tabriz
Abbas Raad
Mostafa Zandieh
Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
description Objective: Achieving the time and cost objectives of projects in the real world is difficult because of unforeseen and uncertain issues. Time and cost estimates at the beginning of the project are usually optimistic and do not take into account the uncertainties that lead to deviations from the objectives. The purpose of this study is to provide a combined method of allocating redundancy resource and buffer to improve the achievement of time and cost objectives (project reliability).Methods: In this method, by allocating a precautionary time reserve at the end of each activity and the end of the project and allocating redundancy resource, the reliability of the project is improved so that time and cost are not sacrificed and the most desirable cost and time for the project will be achieved. For this purpose, the mathematical model of optimal allocation of buffer and redundancy resource to improve time and cost stability has been presented and its application in one of the real projects of the country's oil and gas industry has been studied and validated.Results: The research findings indicate a 37 percent improvement in time reliability and a 28 percent improvement in project cost reliability using the proposed method.Conclusion: The results of the study indicate an improvement in the attention span in achieving the time and cost objectives of the project using the proposed method and considering the real conditions of projects, including uncertainties and special conditions such as sanctions.
format article
author Iman Doost Mohamadi
Akbar Alem Tabriz
Abbas Raad
Mostafa Zandieh
author_facet Iman Doost Mohamadi
Akbar Alem Tabriz
Abbas Raad
Mostafa Zandieh
author_sort Iman Doost Mohamadi
title Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
title_short Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
title_full Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
title_fullStr Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
title_full_unstemmed Designing and Explaining a Redundancy Resource and Buffer allocation Model for Project Reliability Improvement with Time and Cost Uncertainty (The Case of Oil and Gas Industry Projects)
title_sort designing and explaining a redundancy resource and buffer allocation model for project reliability improvement with time and cost uncertainty (the case of oil and gas industry projects)
publisher University of Tehran
publishDate 2020
url https://doaj.org/article/bb4488a58e0d47c786238b2d9037d1e7
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AT akbaralemtabriz designingandexplainingaredundancyresourceandbufferallocationmodelforprojectreliabilityimprovementwithtimeandcostuncertaintythecaseofoilandgasindustryprojects
AT abbasraad designingandexplainingaredundancyresourceandbufferallocationmodelforprojectreliabilityimprovementwithtimeandcostuncertaintythecaseofoilandgasindustryprojects
AT mostafazandieh designingandexplainingaredundancyresourceandbufferallocationmodelforprojectreliabilityimprovementwithtimeandcostuncertaintythecaseofoilandgasindustryprojects
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