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15 results on '"Khamooshi, Homayoun"'

6. Program risk contingency budget planning

Author

Khamooshi, Homayoun and Cioffi, Denis F.

Subjects
Budget -- Forecasts and trends, Market trend/market analysis, Business, Electronics and electrical industries, Engineering and manufacturing industries
Abstract

A pragmatic procedure is suggested to determine the size of a project's, a program's, or a system's risk contingency budget at any specified level of certainty, e.g., 99% confidence. The size of the budget is a function of the number of risks expected at the specified confidence level. The number of risks used for developing the contingency budget depends on the total number of risks to be considered and the estimated probabilities of occurrence of the risks. The exact number, derived from the binomial distribution, is given in a table or, when the number of risks to be considered is greater than about 20, by a simple formula. The findings suggest that a specific contingency budget amount can be set aside for the small fraction of risks that typically materialize. The specific numbers would depend on the risk tolerance of the organization. Index Terms--Binomial distribution, contingency budget, management, risk, risk tolerance, strategy.

Published
2009

8. (DP)2SM: a dynamic approach to resource constraint project scheduling

Author

Khamooshi, Homayoun

Subjects
Project management -- Analysis, Flexible manufacturing systems -- Analysis, Dynamic programming -- Analysis, Production control -- Analysis, Scheduling (Management) -- Usage
Abstract

The purpose of this paper is twofold, first to introduce and evaluate a dynamic priority scheduling model developed in this research for solving the resource constraint project scheduling problem, second to introduce an improvement made upon the first model by cross breeding Dynamic Programming with the Dynamic Priority Scheduling Method (DPSM). The second model called Dynamic Priority Dynamic Programming Scheduling Method [[(DP).sup.2]SM] aims at optimising the staged resource allocation decisions in DPSM. DPSM divides a project into phases (cycles) the length of which depend on the duration of the project and the period of clock cycle selected. The scheduling process starts by allocating resources to the first phase/cycle using a variety of policies, then the best schedule is selected based on an objective function. The process continues till all the activities are scheduled. In DPSM the interaction between phases is ignored while the decisions of each phase or cycle will affect all the remaining phases. Using [(DP).sup.2] SM it may be possible to improve the quality of a schedule and reduce the duration of a project by optimising the overall project schedule. Key words: project management, resource, schedule, quality, flexibility, dynamic programming.

Published
1998

9. Network-based project planning and scheduling

Author

Khamooshi, Homayoun

Subjects
Industrial project management -- Models -- Methods, Project management -- Models -- Methods, Scheduling (Management) -- Methods -- Models, Business, general, Business, Computers and office automation industries, Models, Methods
Abstract

Discusses the two-fold purpose of this study, first to introduce a number of measures devised to be used in comparing and evaluating two schedules for the same project, second to [...]

Published
1996

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