Hours Per Week |
Hours per Semester |
Weighted Total Mark |
Weighted Exam Mark |
Weighted Continuous Assessment |
Credit Units |
||
LH |
PH |
TH |
CH |
WTM |
WEM |
WCM |
CU |
3 |
0 |
3 |
45 |
100 |
60 |
40 |
3 |
Course Description
The course in geared at taking the student through the principles of systems engineering of operations research. It covers Monte carlo simulation of financial and construction models, decision and utility theory, dynamic programming, queuing theory applications to construction management, stock control, planning and organization, resource leveling and smoothing, project cost-time algorithms, formulation and application of linear programming, Simplex method, transportation and assignment problems, bidding theory, risk analysis and project appraisal.
Objectives/Aim
- To enable the student understand the principles of operations research in management of construction projects and processes.
Course Outline
Monte carlo simulation of financial and construction models. [10CH]
Decision and utility theory. [10CH]
- Dynamic programming.
- Queing theory applications to construction management.
Stock control technique selection [10CH]
Construction planning and organization, [10CH]
- CPM/PERT,
- Resource leveling and smoothing
Project cost-time algorithms. [10CH]
- Formulation and application of linear programming,
- Simplex method,
- Transportation and assignment problems.
Bidding theory, risk analysis and project appraisal [10CH]
Learning Outcomes
The student will be able to:
- Understand and use the principles of operations research in the construction environment.
Method of Teaching/Delivery
The course will be conducted through lectures, tutorials and assignments. Basic lecture materials provided by the Lecturer will be supplemented by individual reading effort by students.
Assessment Method
Continuous assessment through assignments and tests, and final written examination. The final examination carry 60% of the total mark., while continuous assessment will carry a total of 40%.
Reading/ Reference Materials
- Taylor, R(2008) Operations Management. Prentice Hall
- Dennis and Dennis (2005) Management Science, Wiley, New York
Attachments
Attachment Name | Attachment Type | ||
CMG 8102 Systems Engineering |
DOC | PS |