System Dynamic Modelling of Cost and Schedule Performance of Space Projects

Authors

  • Juan Carlos Guerrero
  • Michael Emes University College London (UCL) United Kingdom
  • Raúl Leal Ascencio University College London (UCL) United Kingdom

DOI:

https://doi.org/10.19255/JMPM02401

Keywords:

Space project management, system dynamics, rework

Abstract

Like complex projects in other sectors, space projects frequently exceed cost and schedule performance targets. Reasons frequently cited for this include excessive optimism at the start of projects, political interference, technology development challenges such as design flaws and rework, changes to the work content during the project, and integration issues. Problems with progress can rarely be isolated to just one aspect of a project or system, however, and decisions taken in one part of a project to remedy a perceived problem may have unanticipated consequences later, elsewhere in the project. Based on data from a space science institute, this research presents a model of project progress to understand the effectiveness of the strategies available to managers of complex instrumentation projects. The paper focuses on the decision making around staffing when progress falls behind schedule and finds that practical challenges in expanding capacity in a team may mean that schedule slippages experienced early in the project lifecycle are unlikely ever to be reversed, even if additional resources are made available. This reinforces the importance of comprehensive risk analysis, thorough cost and schedule estimating at the start of the project, and the availability of realistic funding from the outset.

Author Biographies

  • Juan Carlos Guerrero

    PhD Student Centre for Systems Engineering UCL Department of Space and Climate Physics University College London

  • Michael Emes, University College London (UCL) United Kingdom

    Michael Emes is Professor of Technology Management at University College London (UCL), Head of the Technology Management Group at UCL's Mullard Space Science Laboratory and Director of the UCL Centre for Systems Engineering. He is Programme Leader for the MSc Technology Management, the MSc Management of Complex Projects and the European Space Agency’s Project Manager Training Programme. His research interests include technology decision making, risk management and the causes of project failure. Before joining UCL, Michael was a strategy consultant working on projects in retail, e-commerce and transport. Michael is a Chartered Engineer and a Senior Fellow of the Higher Education Academy.

  • Raúl Leal Ascencio, University College London (UCL) United Kingdom

    Raúl is currently Director of Industrial Engagement, programme leader and Deputy Director of the Centre for Systems Engineering at University College London (UCL). He has over 50 publications on human and technological systems modelling and design. He has been an educator and consultant in business management and systems development for over sixteen years. He is involved in Business and Project Management, Systems Thinking and Systems Engineering doing research and teaching at postgraduate level. He has provided training and consultancy for industry in the Electronics, Transport, Defence and Space sectors for governmental (policy), private and non-governmental organisations.

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Published

2022-05-20

How to Cite

System Dynamic Modelling of Cost and Schedule Performance of Space Projects. (2022). The Journal of Modern Project Management, 8(2). https://doi.org/10.19255/JMPM02401

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