Application of System Dynamics Model in Management of Hydroelectric Power Plants

摘要

Nowadays, in spite of all attempts in the area of project management, projects often fail due tornproject complexity, lack of holistic approach to project and finally inattention to non-linear aspectrnand dynamics of projects especially by project managers. This complexity will be morerncontroversial in EPC companies specifically in HEPP construction companies.rnThis article aimed initially to enhance awareness and understanding of dynamics behavior morernin EPC companies in the field of HEPP and as a case study in FARAB Co. by making a generalrnproject management dynamic model for this company to support the effective teaching ofrndynamic thinking among project managers. Secondly, one of the controversial projects wasrnproposed by the company to be simulated in a dynamic model based on the actual informationrnaiming to act as a conflict resolution tool.rnAs a result, holistic SD model of PM was created for company by involving project managers. Inrnaddition, the second model revealed that the major exogenous factors affecting such cost andrntime overruns are comprising man power idle time caused by client or improper weatherrnconditions and etc. as well as rework and repairs caused by manufacturing of the equipmentsrnout of sequence and high defect rate of those equipments.