IDEAS home Printed from https://ideas.repec.org/a/ids/injams/v6y2014i2p136-151.html
   My bibliography  Save this article

On path floats in a stochastic project network

Author

Listed:
  • Ching-Chung Kuo
  • Zhen Li
  • Jun Ma

Abstract

In a deterministic project network, all the activity times are fixed values and the path float can be found by computing the difference between the project duration and the path length. This is not possible in its stochastic counterpart, where the path lengths and the project duration change constantly since each activity time is a random variable. In the current literature, several methods have been proposed to define the float of a path in this case but all of them are fundamentally flawed. This paper aims to suggest an improved definition of path float in a stochastic project network and show how to compute it through the use of an approximation algorithm for estimating the mean and variance of the project duration under some reasonable assumptions. A numerical example will be provided to demonstrate the superiority of the new approach to the existing ones.

Suggested Citation

  • Ching-Chung Kuo & Zhen Li & Jun Ma, 2014. "On path floats in a stochastic project network," International Journal of Applied Management Science, Inderscience Enterprises Ltd, vol. 6(2), pages 136-151.
    • Handle: RePEc:ids:injams:v:6:y:2014:i:2:p:136-151
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=60890
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guney, Mukrimin Sevket, 2016. "Solar power and application methods," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 776-785.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:injams:v:6:y:2014:i:2:p:136-151. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=286 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.