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APPLICATION OF SYSTEM DYNAMICS MODEL IN PROJECT TIME AND COST ESTIMATE |
NING Xiao-qian, WANG Qi-fan |
School of Management, Fudan University, Shanghai 200433, China |
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Abstract: The complexity of project makes it difficult to predict its time and cost performance. The paper establishes a system dynamics simulation model to study project time and cost behavior, and will be helpful to project budgeting practice.
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Received: 01 January 1900
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