Improving Project Control by Utilizing Predictive Data Analytic Models
2021 IEEE Asia-Pacific Conference on Computer Science and Data Engineering, CSDE 2021
Project progress is an apprehension for every project, as it indicates how the project is likely to meet the associated milestones. Utilizing collected data from archived projects can assist managers to envisage project progress. By leveraging the power of data analytics, this research attempts to highlight data trends based on data collected from 279 infrastructure projects in the UAE. Specifically, this research rigorously analyses the relationships between project budget, duration, and progress using K-means clustering techniques and hypothesis testing. We then provide predictive models using Autoregressive Integrated Moving Average - ARIMA and Multivariate regression models that allow managers to predict with a 99.15% accuracy the monthly progress of an infrastructure project over the next 3 months. This research paper provides project managers with a comprehensive framework that combines data analytics techniques with agility practices to predict short term project progress in order to take proactive measures on the different influencing factors.
Open Access Status
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