Future Proofing Transportation Infrastructure Assets. This project seeks to develop a model to predict construction project overruns. Transportation infrastructure assets are prone to cost and schedule overruns during their construction, which have negative impacts on asset owners and users. This project aims to develop a systemic model that can be used to determine the causal nature of cost and schedule overruns and their probability of occurrence. By enabling the predication of overruns, the p ....Future Proofing Transportation Infrastructure Assets. This project seeks to develop a model to predict construction project overruns. Transportation infrastructure assets are prone to cost and schedule overruns during their construction, which have negative impacts on asset owners and users. This project aims to develop a systemic model that can be used to determine the causal nature of cost and schedule overruns and their probability of occurrence. By enabling the predication of overruns, the project aims to ensure that the public and private sector are able to put in place mitigation strategies to reduce the impact of the economic and productivity issues that arise due to overruns.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE130100291
Funder
Australian Research Council
Funding Amount
$374,595.00
Summary
Adaptive control of stochastic queueing networks. Queues of items competing for service appear on the road, in health-care, in manufacturing and in communication systems. This project will set up methodology for adaptive control and resource allocation for stochastic queueing network models applicable to a variety of scenarios accounting for parameter uncertainty.