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Emerge of scaling in project schedules

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  • Alexei Vazquez

    (Nodes & Links Ltd, Salisbury House)

Abstract

A project schedule contains a network of activities, the activity durations, the early and late finish dates for each activity, and the associated total float or slack times, the difference between the late and early dates. Here I show that the distribution of activity durations and total floats of construction project schedules exhibit a power law scaling. The power law scaling of the activity durations is explained by a historical process of specialization fragmenting old activities into new activities with shorter duration. In contrast, the power law scaling of the total floats distribution across activities is determined by the activity network. I demonstrate that the power law scaling of the activity duration distribution is essential to obtain a good estimate of the project delay distribution, while the actual total float distribution is less relevant. Finally, using extreme value theory and scaling arguments, I provide a mathematical proof for reference class forecasting for the project delay distribution. The project delay cumulative distribution function is $$G(z) = \exp ( - (z_c/z)^{1/s})$$ G ( z ) = exp ( - ( z c / z ) 1 / s ) , where $$s>0$$ s > 0 and $$z_c>0$$ z c > 0 are shape and scale parameters. Furthermore, if activity delays follow a lognormal distribution, as the empirical data suggests, then $$s=1$$ s = 1 and $$z_c \sim N^{0.20}d_{\max }^{1+0.20(1-\gamma _d)}$$ z c ∼ N 0.20 d max 1 + 0.20 ( 1 - γ d ) , where N is the number of activities, $$d_{\max }$$ d max , the maximum activity duration in units of days and $$\gamma _d$$ γ d , the power law exponent of the activity duration distribution. These results offer new insights about project schedules, reference class forecasting and delay risk analysis. Graphic abstract A process of activities duration fragmentation explains the emergence of scaling in the activities duration distribution.

Suggested Citation

  • Alexei Vazquez, 2024. "Emerge of scaling in project schedules," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 97(4), pages 1-9, April.
  • Handle: RePEc:spr:eurphb:v:97:y:2024:i:4:d:10.1140_epjb_s10051-024-00676-6
    DOI: 10.1140/epjb/s10051-024-00676-6
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    References listed on IDEAS

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    1. Vazquez, Alexei & Marasinou, Chrysostomos & Kalogridis, Georgios & Ellinas, Christos, 2024. "Activity delay patterns in project networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 637(C).
    2. Christos Ellinas, 2019. "The Domino Effect: An Empirical Exposition of Systemic Risk Across Project Networks," Production and Operations Management, Production and Operations Management Society, vol. 28(1), pages 63-81, January.
    3. Bent Flyvbjerg & Alexander Budzier & Jong Seok Lee & Mark Keil & Daniel Lunn & Dirk W. Bester, 2022. "The Empirical Reality of IT Project Cost Overruns: Discovering A Power-Law Distribution," Papers 2210.01573, arXiv.org.
    4. Jung Eun Park, 2021. "Schedule delays of major projects: what should we do about it?," Transport Reviews, Taylor & Francis Journals, vol. 41(6), pages 814-832, November.
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