A method for project schedule delay analysis. (February 2019)

• Record Type: Journal Article
• Authors: Guida, Pier Luigi; Sacco, Giovanni
• Is Part Of: Computers & industrial engineering. Volume 128(2019)
• Page Start: 346
• Page End: 357
• Publication Date: 2019-02
• Subjects: Project management -- Schedule delays -- Critical path method -- Delay analysis -- Claim management -- Float management; Engineering -- Data processing -- Periodicals; Industrial engineering -- Periodicals; 620.00285
• DOI: 10.1016/j.cie.2018.12.046
• Languages: English
• ISSNs: 0360-8352

Abstract

Highlights: Schedule delay assessment: a traditional problem in complex and large projects. Evaluation of schedule delays and allocation to responsible parties. Rational ways to prevent claims and provide project management control. Improved method to assess schedule delays and integrate current legacy software. "Float bank" method to support delay evaluation and float management. Abstract: The analysis of schedule delays is a traditional problem in almost any project of some dimension and complexity. Assessing schedule delays and allocating them to responsible parties and activities is a sensitive problem in project management. In client-supplier, i.e. owner-contractor relations, the schedule delays represent a very important issue, often escalating into claims and undermining the commercial outcome of the whole project, involving lengthy negotiations and juridical cases, tracing to responsibilities and financial compensations. The present work tackles the problem of schedule delays, linking to literature already present on the subject and extending some solutions already published. In particular we introduce the concept of "float bank", as a mean to assigning and sharing delay responsibilities between the project actors, i.e. owner, contractor and force majeure. We introduce the implementation of an algorithmic method and application of a complete case study which can be of interest to practitioners and stakeholders in the field of project management, potentially to integrate with commercial or in-house software and assist current project control, claim cases and newly so-called forensic project management.