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Due Date-Based Metrics for Activity Importance in Stochastic Activity Networks

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  • R.A. Bowman

Abstract

A metric pair for assessing the importance of activities in stochastic activity networks based on completing a project on time (or reaching other project milestones) is presented. The metric pair is recommended as a supplement to other metrics of activity importance that have been suggested for use with Monte Carlo simulation. The differences in behavior of the various metrics are analyzed to help understand the additional types of insights that would be available by including the new metrics in simulation-based analyses. Copyright Kluwer Academic Publishers 2001

Suggested Citation

  • R.A. Bowman, 2001. "Due Date-Based Metrics for Activity Importance in Stochastic Activity Networks," Annals of Operations Research, Springer, vol. 102(1), pages 39-48, February.
  • Handle: RePEc:spr:annopr:v:102:y:2001:i:1:p:39-48:10.1023/a:1010993713274
    DOI: 10.1023/A:1010993713274
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    Cited by:

    1. Bowman, R. Alan, 2006. "Developing activity duration specification limits for effective project control," European Journal of Operational Research, Elsevier, vol. 174(2), pages 1191-1204, October.
    2. R A Bowman, 2007. "Efficient sensitivity analysis of PERT network performance measures to significant changes in activity time parameters," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(10), pages 1354-1360, October.

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