Use of statistical simulation in construction planning

Abstract

In this paper, the researchers propose taking into account construction equipment recovery time to estimate the time consumption of construction and installation works. Post-failure recovery time can be modeled using Monte-Carlo simulation. Statistical simulation is used to create a general population of machine parts by means of intermediate subpopulation. The population is made of smaller samples by creating an intermediate subpopulation using distributions of order statistics; the method is referred to as FISP method.