Modelling the Reduction of Project Making Duration

The article points out why earlier patterns of investment process were ineffective in developing the construction projects and shows sources for reducing of its total duration. It describes the procedure of statistical modeling and obtaining medium-term time parameters required for modern pattern of...

Full description

Bibliographic Details
Main Authors: Oleinik Pavel, Kuzmina Tatyana
Format: Article
Language:English
Published: EDP Sciences 2017-01-01
Series:MATEC Web of Conferences
Online Access:https://doi.org/10.1051/matecconf/201711700129
Description
Summary:The article points out why earlier patterns of investment process were ineffective in developing the construction projects and shows sources for reducing of its total duration. It describes the procedure of statistical modeling and obtaining medium-term time parameters required for modern pattern of project-making; offers design formulas for assessment of total time required for project-making as well as for its main stages; reveals advantage of modern system of project-making against traditional one by comparing indicators of their duration.
ISSN:2261-236X