Time-cost Risk Analysis for Complex Product Development Project by Simulation

Authors

Baosen Yang, 1. Tianjin University of Commerce, Tianjin 300134, China; ;
Yang Nan, 2. Zhejiang University, Hangzhou 310058, China; ;
Cui Li, 3. Shanghai Maritime University, Shanghai 201306, China;

Abstract

Abstract: Since complex product R&D project is characteristic with more stochastic factors, a dynamic simulation model of stochastic activity network was established for complex product R&D projects by consideration of the activity iteration and its dynamic characteristics. The methods of describing task rework probability, rework impact, iteration rework policy and so on were researched deeply. A case study illustrates the modeling process and the result of simulation.

Recommended Citation

Yang, Baosen; Nan, Yang; and Li, Cui (2020) "Time-cost Risk Analysis for Complex Product Development Project by Simulation," Journal of System Simulation: Vol. 27: Iss. 11, Article 27.
Available at: https://dc-china-simulation.researchcommons.org/journal/vol27/iss11/27

First Page

2811

Revised Date

2015-07-10

DOI Link

https://doi.org/

Last Page

2815

CLC

TP391.9;N945.13

Recommended Citation

Yang Baosen, Yang Nan, Cui Li. Time-cost Risk Analysis for Complex Product Development Project by Simulation[J]. Journal of System Simulation, 2015, 27(11): 2811-2815.