TY - JOUR
T1 - LOGISTICS MODEL VS GOMPERTZ MODEL IN APPROXIMATION OF “S” CURVES IN WATER SUPPLY SYSTEMS PROJECTS
AU - Bermeo, Paula Andrea
AU - Merizalde, Juan Enrique
AU - Osorio, Juan Carlos
AU - Castro, Fernando Francisco
AU - Cely, Bolívar Mauricio
N1 - Publisher Copyright:
© 2024 ISEC Press.
PY - 2024
Y1 - 2024
N2 - Much of the success of an engineering project depends on good planning. Most engineers use an S curve to estimate the relationship between the execution time variables and the financial resources available for construction. Mathematically speaking, the functions that can be used for said estimation are those that pass through the origin of the Cartesian plane, given that at the initial time of the project the cost used is zero, they are also increasing and upon reaching the estimated execution time it is expected to have used the total amount assigned for the work. This investigation began in 2019 where the forms of several executed water supply systems were taken and with this data, the planning curve was modeled with a logistic equation adjusted with least squares and validated with new projects to analyze its effectiveness. Now in 2023, data from new projects is added and a new model was made based on the Gompertz curve that has a graph similar to the logistic curve, but with the difference that the curvature at the beginning and end of the time interval it is not always the same, as is the case with the logistic equation model, and it is expected that this characteristic will improve the approximation to the real execution curve of the project. It is concluded that the Gompertz model is indeed better than the logistic equation model for this type of approach and a tool is presented that is used for decision making.
AB - Much of the success of an engineering project depends on good planning. Most engineers use an S curve to estimate the relationship between the execution time variables and the financial resources available for construction. Mathematically speaking, the functions that can be used for said estimation are those that pass through the origin of the Cartesian plane, given that at the initial time of the project the cost used is zero, they are also increasing and upon reaching the estimated execution time it is expected to have used the total amount assigned for the work. This investigation began in 2019 where the forms of several executed water supply systems were taken and with this data, the planning curve was modeled with a logistic equation adjusted with least squares and validated with new projects to analyze its effectiveness. Now in 2023, data from new projects is added and a new model was made based on the Gompertz curve that has a graph similar to the logistic curve, but with the difference that the curvature at the beginning and end of the time interval it is not always the same, as is the case with the logistic equation model, and it is expected that this characteristic will improve the approximation to the real execution curve of the project. It is concluded that the Gompertz model is indeed better than the logistic equation model for this type of approach and a tool is presented that is used for decision making.
KW - Decisionmaking
KW - Delay
KW - Management
KW - Planning
KW - Time series
KW - Work schedule
UR - http://www.scopus.com/inward/record.url?scp=85192697173&partnerID=8YFLogxK
U2 - 10.14455/ISEC.2024.11(1).CPM-07
DO - 10.14455/ISEC.2024.11(1).CPM-07
M3 - Artículo de la conferencia
AN - SCOPUS:85192697173
SN - 2644-108X
VL - 11
JO - Proceedings of International Structural Engineering and Construction
JF - Proceedings of International Structural Engineering and Construction
IS - 1
T2 - 1st Latin American Conference in Structural Engineering and Construction, LATAM-SEC 2024
Y2 - 4 March 2024 through 8 March 2024
ER -