- Author
-
Back, W.E.
|
Moreau, K. A.
|
Toon, J.
- Title
- Determining the Impact of Information Management on Project Schedule and Cost.
- Coporate
- Texas A&M Univ., College Station
- Report
-
Research Report 125-11
June 1996
393 p.
- Keywords
-
construction
|
costs
|
management information systems
- Abstract
- It is standared practice within the construction engineering industry to identify specific project activities which are critical to achieving project performance objectives. Many such activities undoubtedly require exchange of information. This information exchange may be an internal/departmental process, or it may be external to the organization. It is often impractical to document activity logic at such a "micro" level that "information exchange" elements would be identified and tracked. However, each time information is exchanged, project time is expended and project resources are consumed. The purpose of this research was to provide a methodology to quantify the impacts of information intensive tasks on the ability to meet or exceed project performance measures for schedule and cost. The scope of this research is a comprehensive examination of the entire EPC process to identify potential areas of high payback for strategic implementation of information management. Detailed examination of selected project critical sub-processes was conducted to demonstrate the methodology to quantify schedule and cost impacts of information management implementations.