Using Trend Modelling to Support Project Scheduling, Management and Prediction

Radek Doskočil, Karel Doubravský · ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH · 2023

Project management is implemented as a finite sequence of diverse decisions.Every decision-making is based on information.The broad spectrum of information contains various types of data.Data having an exact representation, e.g.phenomena described by equations.Data that cannot have such a representation, e.g.experience, intuition, feelings.Such trend modelling allows us to work with this type of data.The article deals with the use of trend modelling as a support for project management and prediction under uncertainty.The solution of a trend model is a set of scenarios.These scenarios represent possible project states.A multi-criteria trend decision process allows one to identify the optimal project state(s).Based on the set of scenarios, a transition graph can be created, which can be used to determine all possible paths to get to this optimal state.The application of trend modelling is shown in a model of a project based on a six-pointed star.

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