IDEAS home Printed from https://ideas.repec.org/a/pal/jorsoc/v64y2013i8p1231-1247.html
   My bibliography  Save this article

Probability distribution fitting of schedule overruns in construction projects

Author

Listed:
  • P E D Love

    (Curtin University, Perth, Australia)

  • C-P Sing

    (Curtin University, Perth, Australia)

  • X Wang

    (Curtin University, Perth, Australia)

  • D J Edwards

    (Birmingham City University, Birmingham, UK)

  • H Odeyinka

    (University of Ulster, Belfast, UK)

Abstract

The probability of schedule overruns for construction and engineering projects can be ascertained using a ‘best fit’ probability distribution from an empirical distribution. The statistical characteristics of schedule overruns occurring in 276 Australian construction and engineering projects were analysed. Skewness and kurtosis values revealed that schedule overruns are non-Gaussian. Theoretical probability distributions were then fitted to the schedule overrun data; including the Kolmogorov–Smirnov, Anderson–Darling and Chi-Squared non-parametric tests to determine the ‘Goodness of Fit’. A Four Parameter Burr probability function best described the behaviour of schedule overruns, provided the best overall distribution fit and was used to calculate the probability of a schedule overrun being experienced. The statistical characteristics of contract size and schedule overruns were also analysed, and the Wakeby (AU$101 m) models provided the best distribution fits and were used to calculate schedule overrun probabilities by contract size.

Suggested Citation

  • P E D Love & C-P Sing & X Wang & D J Edwards & H Odeyinka, 2013. "Probability distribution fitting of schedule overruns in construction projects," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 64(8), pages 1231-1247, August.
  • Handle: RePEc:pal:jorsoc:v:64:y:2013:i:8:p:1231-1247
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jors/journal/v64/n8/pdf/jors201329a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: http://www.palgrave-journals.com/jors/journal/v64/n8/full/jors201329a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giuseppe F Gori & Patrizia Lattarulo & Marco Mariani, 2017. "Understanding the procurement performance of local governments: A duration analysis of public works," Environment and Planning C, , vol. 35(5), pages 809-827, August.
    2. Daekyoung Yi & Eul-Bum Lee & Junyong Ahn, 2019. "Onshore Oil and Gas Design Schedule Management Process Through Time-Impact Simulations Analyses," Sustainability, MDPI, vol. 11(6), pages 1-19, March.
    3. Andy Lewin & Ekundayo Shittu & Thomas Mazzuchi & Rene Dorp, 2021. "The correlation of cost and schedule variance in satellite programs: level of effort versus discrete cost accounts," Environment Systems and Decisions, Springer, vol. 41(2), pages 248-266, June.
    4. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "The entanglement of time and cost deviations in public projects," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 241-272, March.
    5. Kim, Byung-Cheol, 2022. "Multi-factor dependence modelling with specified marginals and structured association in large-scale project risk assessment," European Journal of Operational Research, Elsevier, vol. 296(2), pages 679-695.
    6. Palit, Niladri & Brint, Andrew, 2020. "The effect of risk aversion on the optimal project resource rate," European Journal of Operational Research, Elsevier, vol. 287(3), pages 1092-1104.
    7. Liu, Wenli & Li, Ang & Fang, Weili & Love, Peter E.D. & Hartmann, Timo & Luo, Hanbin, 2023. "A hybrid data-driven model for geotechnical reliability analysis," Reliability Engineering and System Safety, Elsevier, vol. 231(C).
    8. He, Chusu & Milne, Alistair & Ataullah, Ali, 2023. "What explains delays in public procurement decisions?," Economic Modelling, Elsevier, vol. 121(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jorsoc:v:64:y:2013:i:8:p:1231-1247. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.