Empirical Validation of Predictive Project Controls for Early Schedule-Risk Detection: Analysis of CPM Float Erosion and Milestone Performance in Construction Projects
DOI:
https://doi.org/10.63665/IJAICE.0204.02Keywords:
Project Controls, Predictive Scheduling, Schedule Risk, CPM, Float ErosionAbstract
Construction projects involve early detection of schedule degeneration before milestones failure can be detected. This paper measures predictive project controls using the secondary quantitative longitudinal analysis of the historical Critical Path Method schedule data. It discusses the monitors of early-warning measures by Float Erosion Rate, Float Runway, Runway Ratio, and schedule-performance indicators. Primavera P6 updates has been archived to evaluate the deterioration of milestones, warning lead time, false positives and false negatives. The study aims to substantiate whether longitudinal schedule, patterns give accurate and timely risk indication evidence of exposure of developing risk to reinforce previous research, making of informed decisions and successful intervention in construction project management.
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