Integral upper-limit estimation method for assessment of project design changes feasibility in industrial engineering

This paper presents the problem of project design risk managements. The empiric evidence is based on the data registered in the analytical GeoTechRemark system integrated in the STC-Geotechnology LLC. It is established that the number of expert comments is loosely connected with the feasibility of d...

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Veröffentlicht in:SHS web of conferences 2017, Vol.35, p.1011
Hauptverfasser: Pikalov, Vyacheslav, Shumov, Aleksandr, Shumova, Julia
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper presents the problem of project design risk managements. The empiric evidence is based on the data registered in the analytical GeoTechRemark system integrated in the STC-Geotechnology LLC. It is established that the number of expert comments is loosely connected with the feasibility of design changes. The weighted estimate method, long used as a solution for such tasks, also has a number of drawbacks, particularly the necessity for input data uniformity, which makes this method applicable for a restricted number of design fields. A proprietary methodology has been deduced to involve integral upper-limit estimation in feasibility assessment for project design changes, which is largely correlated with the actual feasibility of changes; the methodology is also available for automation, which makes it eligible for evaluating risks connected with compliance with Russian Labor law and laws regulating industrial engineering.
ISSN:2261-2424
2416-5182
2261-2424
DOI:10.1051/shsconf/20173501011