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A decision-making tool to maximize chances of meeting project commitments

Author

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  • Nguyen, Trong-Hung
  • Marmier, François
  • Gourc, Didier

Abstract

The project management team has to respect contractual commitments, in terms of deadlines and budgets, that are often two antagonistic functions. Then, during the invitation to tender phase or when faced with a risk situation, it has to determine its risk management strategy.

Suggested Citation

  • Nguyen, Trong-Hung & Marmier, François & Gourc, Didier, 2013. "A decision-making tool to maximize chances of meeting project commitments," International Journal of Production Economics, Elsevier, vol. 142(2), pages 214-224.
    • Handle: RePEc:eee:proeco:v:142:y:2013:i:2:p:214-224
    DOI: 10.1016/j.ijpe.2010.11.023
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    References listed on IDEAS

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    1. Fan, Miao & Lin, Neng-Pai & Sheu, Chwen, 2008. "Choosing a project risk-handling strategy: An analytical model," International Journal of Production Economics, Elsevier, vol. 112(2), pages 700-713, April.
    2. KIlIç, Murat & Ulusoy, Gündüz & Serifoglu, Funda Sivrikaya, 2008. "A bi-objective genetic algorithm approach to risk mitigation in project scheduling," International Journal of Production Economics, Elsevier, vol. 112(1), pages 202-216, March.
    3. Van de Vonder, Stijn & Demeulemeester, Erik & Herroelen, Willy & Leus, Roel, 2005. "The use of buffers in project management: The trade-off between stability and makespan," International Journal of Production Economics, Elsevier, vol. 97(2), pages 227-240, August.
    4. Norman Dalkey & Olaf Helmer, 1963. "An Experimental Application of the DELPHI Method to the Use of Experts," Management Science, INFORMS, vol. 9(3), pages 458-467, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mahsa Parsaei Motamed & Shahrooz Bamdad, 2022. "A multi-objective optimization approach for selecting risk response actions: considering environmental and secondary risks," OPSEARCH, Springer;Operational Research Society of India, vol. 59(1), pages 266-303, March.
    2. Zuo, Fei & Zio, Enrico & Xu, Yue, 2023. "Bi-objective optimization of the scheduling of risk-related resources for risk response," Reliability Engineering and System Safety, Elsevier, vol. 237(C).
    3. Ioana Filipas Deniaud & François Marmier & Didier Gourc & Sophie Bougaret, 2016. "A risk management approach for collaborative NPD project," Post-Print hal-01591960, HAL.
    4. Jiří Skalický & Jiří Vacek & Marek Čech & Martin Januška, 2017. "Project as a System and its Management [Projekt jako systém a jeho řízení]," Acta Informatica Pragensia, Prague University of Economics and Business, vol. 2017(1), pages 4-19.

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