Abstract
Preproject planning is a major phase of the project life cycle. This phase begins after a decision is made by the business unit to proceed with a project concept and continues until the detailed design is developed. It is during this early planning stage that significant project decisions are made by the project team. Nevertheless, the decision making practices during preproject planning stage vary significantly throughout the industry from one organization to another. Data from 62 industrial projects and 78 building projects, representing approximately $5 billion in total construction cost, were collected and used to conduct an investigation of the early decision making practices in the industrial and building industry. Important decision factors in early planning stage that have greater impact on project success (cost and schedule performance) will be identified. Recommendations to industry practitioners will be given.
Original language | English (US) |
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Title of host publication | Proceedings of the 5th International Conference on Engineering Computational Technology |
State | Published - 2006 |
Externally published | Yes |
Event | 5th International Conference on Engineering Computational Technology, ECT 2006 - Las Palmas de Gran Canaria, Spain Duration: Sep 12 2006 → Sep 15 2006 |
Other
Other | 5th International Conference on Engineering Computational Technology, ECT 2006 |
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Country/Territory | Spain |
City | Las Palmas de Gran Canaria |
Period | 9/12/06 → 9/15/06 |
Keywords
- Decision making
- Preproject planning
- Project success
- Scope definition
ASJC Scopus subject areas
- General Computer Science