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Apr 26, 2012
Monte Carlo Simulation Analysis at Lester B Pearson International Airport Development Project
Authors: Tolga Ersahin, Brenda McCabe, and Mark DoyleAuthor Affiliations
Publication: Construction Research Congress: Wind of Change: Integration and Innovation
Abstract
Construction projects are complex in nature and have many inherent uncertainties. These uncertainties are not only from the unique nature of the project but also from the diversity of resources and activities. In addition, external factors have a very significant effect on the outcome of a project. The objective of this project was to investigate the schedule risks and their effect on the new terminal building at Lester B Pearson International Airport. This paper reviews the risk analysis techniques common for schedules, namely PERT and Monte Carlo simulation. Then the application of Monte Carlo simulation to the terminal building construction schedule is discussed including the problems encountered during data collection and model integration.
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© 2003 American Society of Civil Engineers.
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Published online: Apr 26, 2012
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Tolga Ersahin
Scheduler, MGP Project Managers, Lester B Pearson International Airport, Toronto, Canada
Brenda McCabe
Associate Professor, Department of Civil Engineering, University of Toronto, Toronto, Canada
Mark Doyle
Senior Program Manager, Scheduling and Claims, MGP Project Managers, Lester B Pearson International Airport, Toronto, Canada
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.