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Frontiers of Engineering Management

Front. Eng    2017, Vol. 4 Issue (1) : 35-40     https://doi.org/10.15302/J-FEM-2017002
RESEARCH ARTICLE |
Applying system dynamics to strategic decision making in construction
SangHyun LEE()
Associate Professor and John L. Tishman Faculty Scholar, Tishman Construction Management Program, Department of Civil and Environmental Engineering, University of Michigan, Ann Arbor, MI 48109, USA
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Abstract

The author discusses the application of System Dynamics to high-level strategic simulation in construction. In particular, System Dynamics’ strength on representing feedback processes, aggregation, soft variables, and continuous simulation clock for high-level simulation are discussed using real modeling examples. From this exercise, it is concluded that System Dynamics offers a great potential for strategic simulation in construction. Further, the author proposes a comprehensive simulation framework that integrates System Dynamics and Discrete Event Simulation for a strategic decision making process in construction where operational details should be taken into account.

Keywords strategic project management      construction management      system dynamics      feedback process      hybrid simulation     
Corresponding Authors: SangHyun LEE   
Online First Date: 27 March 2017    Issue Date: 19 April 2017
 Cite this article:   
SangHyun LEE. Applying system dynamics to strategic decision making in construction[J]. Front. Eng, 2017, 4(1): 35-40.
 URL:  
http://journal.hep.com.cn/fem/EN/10.15302/J-FEM-2017002
http://journal.hep.com.cn/fem/EN/Y2017/V4/I1/35
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Fig.1  Feedback processes related to overtime
Fig.2  Stock and flow structure for work execution with errors
Fig.3  Modeling how the policy can be triggered and affect performance using soft variables
Fig.4  Inconsistent time step in DES
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