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Stochastic Model Fast-Tracking used in Proposed Construction
Author(s) -
Santhiya. C and Sahaya Nisha. J
Publication year - 2020
Publication title -
international journal of modern trends in science and technology
Language(s) - English
Resource type - Journals
ISSN - 2455-3778
DOI - 10.46501/ijmtst060927
Subject(s) - duration (music) , schedule , earned value management , computer science , stochastic modelling , tracking (education) , stochastic process , value (mathematics) , work (physics) , project management , mathematics , engineering , statistics , project planning , systems engineering , machine learning , mechanical engineering , art , pedagogy , psychology , literature , project charter , operating system
Fast-tracking a project involves carrying out sequential activities in parallel, partially overriding their actualconstruction process, to be using that method the overall project duration. In this paper, the regular workschedule of residential post construction work details comparing with fast-tracking method is proposed.These find out the project duration high. to be suggest the method of stochastic to be reduce the duration tominimum 20% of original duration of that project. The relationship between cost and duration to overlap. Thatproject duration and cost would estimated manual calculation. Then compared to actual and estimatedvalue. Stochastic value taken to least value of comparison of fast-tracking stochastic model through a casestudy.

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