This study presents a framework for calculating the risk of various projects, especially projects under uncertain circumstances. First, the related literature is reviewed and then the relationship between risk and projects is examined. Using a case study an approach is provided to determine the project risk in uncertain circumstances where sufficient data is not available for decision-making. I...

the research on project scheduling has widely expanded over the last few decades. the vast majority of these research efforts focus on exact and suboptimal procedures for constructing a workable schedule, assuming complete information and a static deterministic problem environment. project activities are scheduled subject to both technological precedence constraints and resource constraints, mo...

in the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. this leads to the multi-criteria evaluation of a project. the advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. the selection of criteria of p...

technology development projects, unlike many other kinds of projects don’t have pre-defined goals or clear implementation methods at the beginning of the project. among other uncertainties that any project could have, technology development projects have a high degree of uncertainty in the definition of project. for this reason, conventional project management methods such as those provided in ...

nowadays project management is a key component in introductory operations management. the educators and the researchers in these areas advocate representing a project as a network and applying the solution approaches for network models to them to assist project managers to monitor their completion. in this paper, we evaluated project’s completion time utilizing the q-learning algorithm. so the ...

during pre-project planning as an essential phase of a project, fundamental decisions that lead to project success or failure will make. this phase of a project is more important essentially in oil, gas and petrochemical mega projects that tremendous amount of resources should consume. uncertainty in the initial phases of the project is at the highest level and therefore major project decisions...

Project planning is part of project management, which is relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment. Initially, the project scope is defined and the appropriate methods for completing the project are determined. In this paper a new approach for the critical path analyzing a project network with random fuzzy activi...

One of the common questions in all projects, is "How much would be the final cost of the project?" or "How much would be the completion duration of the project?". Earned Value Management presents a method for estimation of these results. In general methods and formula of Earned Value Management, future trend of project, are anticipated completely based on its previous trend, and changes in envi...

Effective project management requires reliable knowledge of cash required in different stages of project life cycle. Getting this knowledge is highly dependent on sophisticated consideration of project environment. Nature of projects and their environments are associated with uncertain conditions. In this paper, a new project cash flow assessment method based on project scheduling is proposed t...