{"id":"https://openalex.org/W2943719636","doi":"https://doi.org/10.1080/14488353.2019.1606499","title":"Time and cost contingency management using Monte Carlo simulation","display_name":"Time and cost contingency management using Monte Carlo simulation","publication_year":2019,"publication_date":"2019-01-02","ids":{"openalex":"https://openalex.org/W2943719636","doi":"https://doi.org/10.1080/14488353.2019.1606499","mag":"2943719636"},"language":"en","primary_location":{"id":"doi:10.1080/14488353.2019.1606499","doi":"https://doi.org/10.1080/14488353.2019.1606499","is_oa":false,"landing_page_url":"https://doi.org/10.1080/14488353.2019.1606499","pdf_url":null,"source":{"id":"https://openalex.org/S2764856369","display_name":"Australian Journal of Civil Engineering","issn_l":"1448-8353","issn":["1448-8353","2204-2245"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","dongbi-c","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Australian Journal of Civil Engineering","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5033159695","display_name":"Bradd A. Traynor","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I82951845","display_name":"RMIT University","ror":"https://ror.org/04ttjf776","country_code":"AU","type":"education","lineage":["https://openalex.org/I82951845"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Bradd A. Traynor","raw_affiliation_strings":["School of Engineering, RMIT University, Melbourne, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Engineering, RMIT University, Melbourne, Australia","institution_ids":["https://openalex.org/I82951845"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5078445351","display_name":"Mojtaba Mahmoodian","orcid":"https://orcid.org/0000-0002-2421-6776","observed_orcids":["https://orcid.org/0000-0002-2421-6776"]},"institutions":[{"id":"https://openalex.org/I82951845","display_name":"RMIT University","ror":"https://ror.org/04ttjf776","country_code":"AU","type":"education","lineage":["https://openalex.org/I82951845"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Mojtaba Mahmoodian","raw_affiliation_strings":["School of Engineering, RMIT University, Melbourne, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Engineering, RMIT University, Melbourne, Australia","institution_ids":["https://openalex.org/I82951845"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5078445351"],"corresponding_institution_ids":["https://openalex.org/I82951845"],"apc_list":null,"apc_paid":null,"fwci":3.0431,"has_fulltext":false,"cited_by_count":32,"citation_normalized_percentile":{"value":0.91307479,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"17","issue":"1","first_page":"11","last_page":"18"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10395","display_name":"Construction Project Management and Performance","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10395","display_name":"Construction Project Management and Performance","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.004000000189989805,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12177","display_name":"Resource-Constrained Project Scheduling","score":0.001500000013038516,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cost-contingency","display_name":"cost contingency","score":0.7409999966621399},{"id":"https://openalex.org/keywords/project-risk-management","display_name":"project risk management","score":0.8090000152587891},{"id":"https://openalex.org/keywords/uncertainty","display_name":"uncertainty","score":0.47200000286102295},{"id":"https://openalex.org/keywords/project-scheduling","display_name":"project scheduling","score":0.671999990940094},{"id":"https://openalex.org/keywords/project-cost-estimation","display_name":"project cost estimation","score":0.6069999933242798},{"id":"https://openalex.org/keywords/monte-carlo-simulation","display_name":"Monte Carlo simulation","score":0.7870000004768372}],"concepts":[{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.7087030410766602},{"id":"https://openalex.org/C97508593","wikidata":"https://www.wikidata.org/wiki/Q1359069","display_name":"Contingency","level":2,"score":0.6951939463615417},{"id":"https://openalex.org/C27759463","wikidata":"https://www.wikidata.org/wiki/Q5174763","display_name":"Cost contingency","level":4,"score":0.6861963272094727},{"id":"https://openalex.org/C14331377","wikidata":"https://www.wikidata.org/wiki/Q2340208","display_name":"Contingency plan","level":2,"score":0.5769796371459961},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5031415820121765},{"id":"https://openalex.org/C168167062","wikidata":"https://www.wikidata.org/wiki/Q1117970","display_name":"Component (thermodynamics)","level":2,"score":0.4649195969104767},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4459611773490906},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.43287959694862366},{"id":"https://openalex.org/C200601418","wikidata":"https://www.wikidata.org/wiki/Q2193887","display_name":"Reliability engineering","level":1,"score":0.43019646406173706},{"id":"https://openalex.org/C60297154","wikidata":"https://www.wikidata.org/wiki/Q1434943","display_name":"Contingency theory","level":2,"score":0.42464613914489746},{"id":"https://openalex.org/C94107157","wikidata":"https://www.wikidata.org/wiki/Q1077518","display_name":"Cost accounting","level":2,"score":0.4163597524166107},{"id":"https://openalex.org/C93983250","wikidata":"https://www.wikidata.org/wiki/Q795053","display_name":"Cost estimate","level":2,"score":0.39709150791168213},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3806728422641754},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.3622579276561737},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.31605255603790283},{"id":"https://openalex.org/C96814336","wikidata":"https://www.wikidata.org/wiki/Q2443008","display_name":"Cost engineering","level":3,"score":0.26452121138572693},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.20368757843971252},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13591942191123962},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.11491590738296509},{"id":"https://openalex.org/C201995342","wikidata":"https://www.wikidata.org/wiki/Q682496","display_name":"Systems engineering","level":1,"score":0.09770864248275757},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.07450646162033081},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C97355855","wikidata":"https://www.wikidata.org/wiki/Q11473","display_name":"Thermodynamics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/14488353.2019.1606499","doi":"https://doi.org/10.1080/14488353.2019.1606499","is_oa":false,"landing_page_url":"https://doi.org/10.1080/14488353.2019.1606499","pdf_url":null,"source":{"id":"https://openalex.org/S2764856369","display_name":"Australian Journal of Civil Engineering","issn_l":"1448-8353","issn":["1448-8353","2204-2245"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","dongbi-c","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Australian Journal of Civil Engineering","raw_type":"journal-article"},{"id":"pmh:oai:alma61RMIT.INST:11248023310001341","doi":null,"is_oa":false,"landing_page_url":"https://doi.org/10.1080/14488353.2019.1606499","pdf_url":null,"source":{"id":"https://openalex.org/S4306402074","display_name":"RMIT Research Repository (RMIT University Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I82951845","host_organization_name":"RMIT University","host_organization_lineage":["https://openalex.org/I82951845"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"pmh:oai:figshare.com:article/27519636","doi":null,"is_oa":false,"landing_page_url":"https://figshare.com/articles/journal_contribution/Time_and_cost_contingency_management_using_Monte_Carlo_simulation/27519636","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Text"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":5,"referenced_works":["https://openalex.org/W1966703140","https://openalex.org/W2023604902","https://openalex.org/W2133864334","https://openalex.org/W2160136095","https://openalex.org/W2340303571"],"related_works":["https://openalex.org/W2023604902","https://openalex.org/W4411309212","https://openalex.org/W4376137516","https://openalex.org/W3174503108","https://openalex.org/W4293331463","https://openalex.org/W3202217367","https://openalex.org/W4413868454","https://openalex.org/W4411361484","https://openalex.org/W2216357845","https://openalex.org/W2077172305"],"abstract_inverted_index":{"In":[0,49],"the":[1,31,52],"practice":[2],"of":[3,37,61,91],"project":[4],"management,":[5],"cost":[6,22,69,79],"contingency":[7,25,70,80],"is":[8,26,57],"a":[9,38,62,76],"widely":[10],"used":[11],"application":[12],"to":[13,33],"counteract":[14],"adverse":[15],"uncertainty":[16,92],"and":[17,68,78,85,97],"risk":[18],"which":[19,87],"result":[20],"in":[21,30,82],"increase.":[23],"Cost":[24],"an":[27,44],"important":[28],"component":[29],"end":[32,34],"life":[35],"cycle":[36],"project.":[39],"Time":[40],"should":[41],"also":[42],"hold":[43],"equal":[45],"importance":[46],"as":[47,59],"cost.":[48],"this":[50],"paper,":[51],"Monte":[53],"Carlo":[54],"simulation":[55],"approach":[56],"recommended":[58],"part":[60],"proposed":[63],"methodology":[64],"for":[65],"both":[66,83],"time":[67,77,96],"management.":[71],"Individual":[72],"components":[73],"are":[74],"assigned":[75],"budget":[81],"days":[84],"dollars,":[86],"have":[88],"some":[89],"grade":[90],"regarding":[93],"their":[94],"completion":[95],"future":[98],"costs.":[99]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":5}],"updated_date":"2026-09-11T09:22:31.653822","created_date":"2019-05-09T00:00:00"}
