Abstract: From cost estimation to reliability analysis, Monte Carlo simulation has found its niche in a wide variety of applications in civil engineering. With recognition of correlations among variables, recent efforts have been ...

Abstract: The present study develops a new optimization algorithm to find the complete time-cost profile (Pareto front) over a set of feasible project durations, i.e., it solves the time-cost trade-off problem. To improve existing ...

Abstract: This paper proposes a chance-constrained programming model to incorporate the variability of funding, which is quantified by the coefficient of variation. The proposed model formulates financial feasibility as a stochastic ...

Abstract: Projects with repeating activities, such as multistory buildings and highways, present unique scheduling challenges. This paper presents the necessary requirements that scheduling systems should address to meet the needs ...

Abstract: Workers' compensation insurance (WCI) is one of the largest controllable costs for construction contractors. A fixed portion of the WCI standard premium is determined by the individual contractor's company characteristics, ...

Abstract: Projects with repeating activities, such as multistory buildings and highways, present unique scheduling challenges. This paper presents the necessary requirements that scheduling systems should address to meet the needs ...

Abstract: The maintenance planning of deteriorating bridges is to find a balance between obtained performance and incurred cost. Because the planning horizon spans tens of years, a certain amount of uncertainty is inherent in ...

Abstract: Stochastic time-cost trade-off has been a popular object of investigation in past decades because there are uncertain factors that can be considered when determining the appropriate trade-off between project completion ...