Abstract: Geologic uncertainty in underground construction often leads to design and construction conservatism and thus to inflated costs. This paper presents a general model for the probabilistic prediction of tunnel geology as a ...

Abstract: Geologic uncertainty in underground construction promotes design and construction conservatism and has a significant effect on project cost. Site investigation can reduce this uncertainty and decrease costs by reducing the ...

Abstract: This paper presents a decision support system for the evaluation of geologic exploration programs in underground construction. This system can be used to quantify the economic value of different subsurface investigation ...

Abstract: Several competitive bidding models since the late 1960s have been founded, criticized, and even rejected, based on incorrectly stated arguments concerning the apparent symmetry of the competitive positions of the prospective ...

Abstract: Geologic uncertainty in underground construction promotes design and construction conservatism and has a significant impact on project cost. Site investigation can reduce this uncertainty and decrease the contingency amounts ...

Abstract: This paper presents a general model for the formulation and solution of the risk‐sensitive dynamic decision problem that maximizes the certain equivalent of the discounted rewards of a time‐varying Markov decision process. ...

Abstract: A decision analysis model is presented that can be used by a contractor to determine the optimum lump-sum bid that maximizes expected utility for an upcoming job. Required inputs include the contractor’s utility curve, the ...

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 ...