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Tag: Queuing Theory

June 22, 2020 by Ian Tierney

Opportunity Loss of Project Wait Times

Project organisation simulation model demonstrating how the ‘experience‘ of waiting is more important than the actual ‘time‘ spent waiting. 7 min read.

APS6 APS6, Client Baulking, Client Reneging, MM2, Opportunity Loss, Queuing Psychology, Queuing Theory, Queuing Wait Time Leave a comment
June 19, 2020June 19, 2020 by Ian Tierney

Long Project Cycle Times Increase Costs

Motivated by client complaints of long project cycle times requires careful project service design considerations to reduce cost to serve. 5 min read

APS6 Project Delivery Cycle Time, Project Resource Utilisation, Project Simulation Model, Project Throughput, Queuing Theory 1 Comment
May 30, 2020 by Ian Tierney

Economically Maximise Project Resource

Motivated by client complaints to reduce project congestion requires careful economic consideration to balance increased staffing costs. 5 min read.

APS1 aps1, Project Capacity Planning, project congestion, project simulation, Queuing Theory Leave a comment
May 27, 2020May 27, 2020 by Ian Tierney

Minimising Project Congestion & Delays

Motivated by the economic need to have resources, 100% utilised causes unintentional client congestion and excessive project delays. 5 min read.

APS1 project congestion, project delivery wait times, project organisations, Queuing Theory Leave a comment
May 23, 2020May 25, 2020 by Ian Tierney

Project Services Queuing Theory

Understanding and solving customers queuing for service is important. Queuing theory helps to analyse and design an optimal system. 3 min video.

APS4 APS4, Modelling Services & Design, Project Services, Queuing Systems, Queuing Theory Leave a comment

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