The Innovator’s Mindset: Radical Can-Do

Every CEO or leader is accountable for overseeing strategy design and delivery in his or her organization. Leaders also recognize that strategy implementation excellence is central to the organization’s sustainable growth and prosperity. Yet most strategic initiatives fail because of flawed implementation, at great cost in time and resources.

Applying Neural Networks and Analogous Estimating to Determine the Project Budget

This paper aims to discuss the use of the Artificial Neural Networks (ANN) to model aspects of the project budget where traditional algorithms and formulas are not available or not easy to apply. Neural networks use a process analogous to the human brain, where a training component takes place with existing data and subsequently, a trained neural network becomes an “expert” in the category of information it has been given to analyse. This “expert” can then be used to provide projections given new situations based on an adaptive learning.

Modelling Line of Balance Schedules with Start-Finish Relationships

The use of the Line of Balance Scheduling Method has been increasing, especially on the construction industry companies of Brazil, Finland and Australia. The method addresses to the particularities of construction projects more effectively than the Critical Path Method does. In order to model the schedule, the paper demonstrates the “start-finish” relation and its contributions for the two approaches for the modelling: Network and Linear Scheduling Approach.

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