Benefits of Project Scheduling Optimisation in Building and Construction
Boris Petukhov
Management Consultant | Doctorate in Project Management | SFIA Level 7 Project Manager | ISACA CISM | ISACA CRISC
Introduction
In the ever-evolving landscape of building and construction projects, effective scheduling remains a cornerstone of successful delivery. From ensuring timely completion and optimal resource utilisation, having a robust scheduling approach is critical. Yet, traditional methods often fall short, relying on outdated manual processes prone to delays and inefficiencies. Enter Argo AI OMO, a transformative scheduling solution that leverages the latest in artificial intelligence and optimisation techniques to revolutionise how projects are planned and executed.
This article explores how optimised scheduling, as demonstrated in a ground-breaking PhD study, can drive efficiency gains of up to 7.6% in building and construction projects. Using real-world case studies, we’ll show how this approach, now a core component of Argo AI OMO, delivers unparalleled benefits in cost savings, resource utilisation, and timely project completion.
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Current Challenges in Construction Scheduling
The construction industry faces unique challenges when it comes to scheduling. Projects are often vast and complex, requiring the coordination of multiple teams, specialised equipment, and diverse resources. Traditional methods often fail to manage this complexity effectively due to key limitations:
Manual Processes: Traditional schedules are manually updated, making them prone to errors and outdated information.
Rigid Timelines: Schedules often fail to adapt to unforeseen changes, such as weather delays or supply chain disruptions.
Resource Misallocation: Without optimisation, resources are not always used efficiently, leading to wastage or bottlenecks.
A case study featured in the PhD thesis highlights these challenges. A construction project was hampered by its reliance on static schedules, resulting in inefficient resource allocation and delays. The study highlighted the need for dynamic scheduling capable of adapting to changes while ensuring project goals are met.
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Transformative Solutions with Argo AI OMO
Argo AI OMO addresses these challenges by seamlessly integrating automation and optimisation into the scheduling process. This innovative approach ensures that schedules are not only valid and current but also optimised for efficiency. Its key features make scheduling not just manageable but also strategically impactful.
1. Automated Scheduling
By generating schedules automatically, the system eliminates manual errors and ensures that all constraints, such as task dependencies and resource limitations, are accounted for.
2. Real-Time Updates
Argo AI OMO keeps schedules current by reflecting the latest progress, resource availability, and project conditions.
3. Optimisation with Genetic Algorithms
Using cutting-edge AI techniques, the system evaluates multiple scheduling scenarios, providing stakeholders with optimised solutions tailored to their priorities.
For instance, in the Bogong Avenue multi-level car park project, valued at over $40 million, the application of Argo AI OMO demonstrated potential savings of 5–10%. This equated to $2–4 million in cost efficiencies while ensuring that the project met its delivery timelines and quality standards.
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The Case for Optimised Scheduling in Construction
The benefits of optimised scheduling extend far beyond cost savings. By implementing Argo AI OMO, construction projects can achieve:
Consider the Benalla Visitor Centre redevelopment project, which faced pandemic-induced cost escalations. By leveraging Argo AI OMO, the project could achieve savings of $150,000–$300,000, highlighting the tool’s ability to navigate financial constraints while maintaining project goals.
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Argo AI – OMO Optimisation Benefits
The benefits of implementing advanced artificial intelligence solutions in scheduling and optimisation cannot be overstated. Businesses and government organisations alike stand to achieve extraordinary efficiencies and savings by adopting these cutting-edge methodologies.
By adopting Argo AI – OMO, organisations spending $10 million annually on resource-intensive activities can save $500,000 to $1 million in the first year alone.
Notably, Argo AI – OMO delivers these transformative outcomes at a fraction of the implementation cost, offering unparalleled return on investment.
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Real-World Applications and Savings
Case Study: Bogong Avenue Car Park Extension
The Monash City Council embarked on the Bogong Avenue extension project, a $40 million+ endeavour to expand an existing multi-level car park. With the application of Argo AI – OMO, the project sponsor could realise savings of 5–10%—a substantial $2–$4 million in benefits during the project's lifespan. These savings could be reinvested into further community infrastructure or other critical initiatives, demonstrating the tangible impact of adopting optimised scheduling practices.
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Case Study: Benalla Visitor Centre Redevelopment
In another example, Benalla Rural City Council faced unforeseen pandemic-induced cost escalations while redeveloping its Visitor Centre and Cinema, increasing the revised budget to $3 million. Despite these challenges, applying the Argo AI – OMO methodology could generate savings of $150,000–$300,000, enabling the council to manage its financial resources more effectively and deliver the project without compromising quality or timelines.
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Scaling the Benefits Across Larger Portfolios
Major projects in Victoria represent another opportunity to maximise efficiencies using Argo AI – OMO. As reported in the Major Projects Performance Reporting 2022, infrastructure and major project investments have surged to $184 billion, a $40 billion increase from the previous year. This significant growth underscores the need for optimised project management approaches.
Projects such as the West Gate Tunnel, valued at over $10 billion, and transport projects that comprise 79% of the total TEI, could reap enormous savings with the application of advanced scheduling methodologies. Even modest efficiency gains in these high-value initiatives translate into savings that reach hundreds of millions of dollars.
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Beyond Financial Savings: Transparency and Trust
The benefits of Argo AI – OMO extend beyond cost efficiencies. By ensuring schedules are valid, current, and optimised, this solution enhances transparency, strengthens public trust, and aligns project delivery with stakeholder expectations. In an era where fiscal accountability is under intense scrutiny, leveraging such technology empowers organisations to deliver not only financially responsible but also highly effective project outcomes.
The Victorian Government and other forward-thinking organisations have a unique opportunity to lead by example. Embracing solutions like Argo AI – OMO not only optimises resources but also ensures that public funds are used effectively, setting a benchmark for responsible and innovative project management.
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Argo AI – OMO – E2E Scheduling Process
The Argo AI – OMO End-to-End (E2E) Scheduling Process offers a comprehensive framework for tackling the complexities of project scheduling. This advanced process ensures that schedules are not only feasible and current but also optimised to deliver superior results.
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The E2E Scheduling Workflow
Operational Planners initiate the process by preparing plans and managing available and suitable resources. This foundational step ensures that the necessary prerequisites for scheduling are in place, including a clear understanding of task requirements, resource capacities, and constraints.
Once the plans are ready, the scheduling engine takes over, generating schedules by allocating resources from the available pool. This phase ensures that all mandatory constraints, such as task dependencies and resource availability, are respected, resulting in a set of valid schedules.
After the initial scheduling phase, the optimisation engine comes into play. This component uses advanced techniques, such as Genetic Algorithms (GAs), to produce a set of enhanced scheduling solutions. These solutions are evaluated against soft constraints, aiming to:
·??????? Maximise resource utilisation.
·??????? Minimise project costs.
·??????? Expedite task completion.
In this iterative process, the GA identifies "fitter" solutions—those that demonstrate significant improvements in alignment with project objectives. These optimised schedules stand out for their ability to balance competing priorities, offering stakeholders a variety of high-quality options.
Finally, Operational Coordinators review the optimised schedules. They select the most suitable one for execution based on project goals, stakeholder preferences, and real-time conditions. This decision is guided by the project's specific goals, stakeholder preferences, and current conditions, ensuring that the chosen schedule delivers the best possible outcomes.
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Practical Applications
The E2E Scheduling Process has proven particularly effective in large-scale and complex projects, such as construction, telecommunications, and cybersecurity programs. By integrating automation and optimisation, this methodology eliminates inefficiencies and empowers organisations to adapt dynamically to evolving project needs.
The Argo AI – OMO E2E Scheduling Process not only ensures that schedules are valid and current but also enables organisations to achieve substantial cost savings and efficiency gains. This comprehensive approach is a game-changer for modern project delivery, offering unparalleled flexibility and precision.
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Figure 1- Argo AI – OMO – E2E Scheduling Process illustrates this workflow, showcasing how automation and optimisation transform traditional scheduling practices into a streamlined, data-driven process.
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Conclusion
In today’s construction industry, optimised scheduling is no longer optional—it’s essential. As demonstrated through case studies and real-world applications, Argo AI OMO offers a powerful tool to transform how projects are planned and executed. By ensuring schedules are valid, current, and optimised, this solution empowers construction teams to achieve significant cost savings, improve resource utilisation, and deliver projects on time and within budget.
For organisations looking to stay competitive in a fast-paced industry, embracing advanced scheduling methodologies like Argo AI OMO is the way forward. It’s not just about saving time or money; it’s about saving time and money while establishing a framework for long-term success in a rapidly evolving and complex industry.