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Other titles in the International Series in Operations Research & Management Science series:
International Series in Operations Research & Management Science #16: Advanced Models for Project Managementby L. Valadares Tavares
Synopses & Reviews
The field of project management has developed over the past 40 years; however, the recent increase in computer power has greatly accelerated its theoretical and computational developments. Advanced Models for Project Management is an expository treatment of the recent developments in project modeling. These advances and their treatment in the book are as follows: Chapters 2 and 3 broaden the concept of precedence and the description of activities to produce a wide range of realistic representation of projects. Chapters 4 and 5 explore the stochastic study of project features through several analytical and numerical models - using simulation and risk analysis - which provide experimental and forecasting analyses. Chapter 6 examines the allocation of resources in complex situations and restrictions, and also studies the financial aspects of projects and optimization of financial elements. Chapter 7 assesses and evaluates projects within the framework of multi-criteria decision theory. Chapter 8 concludes with an analysis of new models based on synthetic indicators, helping the operations manager select the most convenient solutions. Hence, the book provides a number of original advances, including: an assessment of the complexity and hardness of a project network; a description of the network's morphology; a new approach to simulate project networks; development of models based on continuous variables to optimize project schedules; and the development of a three-dimension model (MACMODEL) to assess and to evaluate projects and a new synthetic indicator to support the process of scheduling. Finally, several software products are presented that help the project manager to use new tools such as RISKNET and MACMODEL.
Book News Annotation:
Treating recent advances in project modeling reflecting snowballing computer power, Tavares (operational research, Technical U. of Lisbon) provides a systematic approach to project management (Part 1) in three dozen chapters. The seven other sections pivot on: basic models, structural modeling of project networks, the morphology and simulation of project networks, duration of projects, scheduling of project networks, the assessment and evaluation of projects, and the optimal scheduling of a project in terms of its duration. Appends notes on RISKNET and MACMODEL software and the main notations used. Replete with graphical representations of schedules, matrices, and the like.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
Includes bibliographical references (p. -304) and index.
About the Author
Luis Valadares Tavares is Professor of Operational Research and Systems Engineering at IST - Technical University of Lisbon, Portugal, as well as President of IST's Center for Urban and Regional Systems and of the Portuguese eBusiness Society.
Table of Contents
Foreword. 1. A Systemic Introduction to Project Management. 2. Basic Models for Project Management. 3. Structural Modelling of Projects Networks. 4. Morphology and Simulation of Project Networks. 5. Duration of Projects. 6. Scheduling of Project Networks. 7. The Assessment and Evaluation of Projects. 8. The Optimal Scheduling of a Project in Terms of its Duration. Annex 1: Developed Software. Annex 2: Main Notation. References. Index.
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