Modeling and Simulation of Project Management through the PMBOK® Standard Using Complex Networks

Joint Authors

Cardona-Meza, Luz Stella
Olivar Tost, Gerard

Source

Complexity

Issue

Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-12, 12 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2017-12-04

Country of Publication

Egypt

No. of Pages

12

Main Subjects

Philosophy

Abstract EN

Discussion about project management, in both the academic literature and industry, is predominantly based on theories of control, many of which have been developed since the 1950s.

However, issues arise when these ideas are applied unilaterally to all types of projects and in all contexts.

In complex environments, management problems arise from assuming that results, predicted at the start of a project, can be sufficiently described and delivered as planned.

Thus, once a project reaches a critical size, a calendar, and a certain level of ambiguity and interconnection, the analysis centered on control does not function adequately.

Projects that involve complex situations can be described as adaptive complex systems, consistent in multiple interdependent dynamic components, multiple feedback processes, nonlinear relations, and management of hard data (process dynamics) and soft data (executive team dynamics).

In this study, through a complex network, the dynamic structure of a project and its trajectories are simulated using inference processes.

Finally, some numerical simulations are described, leading to a decision making tool that identifies critical processes, thereby obtaining better performance outcomes of projects.

American Psychological Association (APA)

Cardona-Meza, Luz Stella& Olivar Tost, Gerard. 2017. Modeling and Simulation of Project Management through the PMBOK® Standard Using Complex Networks. Complexity،Vol. 2017, no. 2017, pp.1-12.
https://search.emarefa.net/detail/BIM-1142908

Modern Language Association (MLA)

Cardona-Meza, Luz Stella& Olivar Tost, Gerard. Modeling and Simulation of Project Management through the PMBOK® Standard Using Complex Networks. Complexity No. 2017 (2017), pp.1-12.
https://search.emarefa.net/detail/BIM-1142908

American Medical Association (AMA)

Cardona-Meza, Luz Stella& Olivar Tost, Gerard. Modeling and Simulation of Project Management through the PMBOK® Standard Using Complex Networks. Complexity. 2017. Vol. 2017, no. 2017, pp.1-12.
https://search.emarefa.net/detail/BIM-1142908

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1142908