April 2018

Relevance of modeling and simulation in the management of engineering projects

Project management is one of the most important and poorly understood areas of management. Delays and cost overruns are common in projects such as construction, power generation, defense, software, product development, etc. Project management is affected by problems relating to costing and scheduling. Changes in the design of customer creates costly ripple effects which in turn lead to delay and disruption throughout an...

Author(s): Rowland Jerry Ekeocha and Stephen Kalu Ogbonnaya