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Project scheduling and forecasting by laws of physical movement

This novel approach is successfully implemented on a construction project. The first objective in new method is forecasting final duration of the project, finding equation path and draw a new s-curve diagram for actual status during the execution process. | Project scheduling and forecasting by laws of physical movement Journal of Project Management 4 2019 97 108 Contents lists available at GrowingScience Journal of Project Management homepage www.GrowingScience.com Project scheduling and forecasting by laws of physical movement Morteza Bagherpoura Hamidreza Mardimamaqania Amirhossein Fallahdizcheha and Her- man Steynb a School of industrial engineering Iran University of Science and Technology Tehran Iran b Professor of project management University of Pretoria Pretoria South Africa CHRONICLE ABSTRACT Article history Measuring actual project progress and comparing it with the planned time schedule is essen- Received October 24 2018 tial in controlling of a project. The outcome of the latter follows the s-curve diagram which Received in revised format No- compares actual progress with the planned amount and finally analyzing any gap between vember 15 2018 them to draw directions for project scheduling. However final duration of the project cannot Accepted January 2 2019 Available online be either estimated or predicted through conventional methods. The new method using January 4 2019 Rules of kinematics can calculate the final duration of the project. This novel approach is Keywords successfully implemented on a construction project. The first objective in new method is Project progress forecasting final duration of the project finding equation path and draw a new s-curve dia- Physics rules gram for actual status during the execution process. The second objective is to evaluate Equation path schedule performance of the project and report the status of the project at each period which Final duration is a useful tool for managers. Schedule performance Cost performance 2019 by the authors licensee Growing Science Canada. 1. Introduction 1.1. Project management and cost management Project management is the process of planning and directing a project undertaken in the format of specific cost time and acceptable level of