Design Project Management Model with System Dynamics Approach

Abstract

Projects are complex and dynamic systems, and their management requires dynamic and systems thinking. In this regard, the project managers do their best to achieve the goals desired by the stakeholders and prevent deviations in time, cost, quality, and resource allocation. However, non-considering the delays in a system approach causes errors that have already been created in the system to be discovered in the project's final steps. It will cause expensive rework, overtime, hiring additional workforce, re-allocation of resources, and deviation from the project schedule, resulting in reduced quality of the project and dissatisfaction among the stakeholders. In the present study, we will try to start the project by using the continuous systems simulation approach (system dynamics) with a simple but dynamic model and eliminate the model's shortcomings step by step through model simulation and with the help of Vensim software and complete the model with a systems perspective.