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Evaluation of Infrastructure Project Delay and Delay Based Conflict Management Through Gametheory

Journal: International Journal for Modern Trends in Science and Technology (IJMTST) (Vol.5, No. 11)

Publication Date:

Authors : ;

Page : 63-69

Keywords : IJMTST;

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Completion of construction project on time is also an important factor in a project. Delay in a project can also lead to conflict , which will results the increase of cost. In such situation proper decision making should be done, to avoid such conflicts and cost increase. The paper analyse construction project delays by using program and evaluation review technique (PERT) and delay based conflicts management through game theory . PERT is a technique adopted by organizations to analyze and represent the activity in a project, and to illustrate the flow of events in a project, and also it is a method to evaluate and estimate the time required to complete a task within deadlines. Game theory is a method , which is used in competitive or cooperative position to find optimal choices that will lead to desired outcome.

Last modified: 2019-12-22 13:39:27