Process simulation technique using benefit-trade matrices to est

Details Process simulation technique using benefit-trade matrices to est Process simulation technique using benefit-trade matrices to est

1996-04-09

2000-07-11

MacDonald, Allen R.

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Health care management

705 7, 705 9, G06F 1500, G06F 1546, G06F 1760

Patent

active

060886781

ABSTRACT:
A computer-implemented process simulation method or tool that uses a software engine that calculates resources required to complete a project based upon contents of user-defined benefit-trade matrices associated with substeps of the project and design requirement priority values and a sample design whose process is to be simulated. Design requirement priority values and the sample design are input. Each substep is defined using a benefit-trade matrix that comprises a multiple variable lookup table that embodies history data relating to the substep. Each matrix includes relative weights of schedule, cost and risk elements for the substep and user-input rating values corresponding to the importance of each element. A logical equation is defined for each substep that computes the time required to complete the project, required resources for the project, and cost of the project based upon data input thereto. Weights for schedule, cost and risk elements of each benefit-trade matrix, and rating values for schedule, cost and risk elements of each benefit-trade matrix are input by a user. Output vectors for each benefit-trade matrix that comprise values corresponding to the respective weight of each element times the respective rating value of each element are computed. At each substep, resources required to complete the project are calculated using the vector derived from the benefit-trade matrix associated with the substep, and the design requirement priority values and predefined elements or vector derived from the benefit-trade matrix associated with a previous substep.

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Frame, J. Davidson, "The New Project Management", Jossey-Bass Publishers, pp. 85-94, 1994.
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Kanof P., "Una applicazione di Manutenzione studiata con gli utenti". Sistemi e Automazione, No. 145, Milan, Italy. (and English translation), Jan. 1975.

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