scholarly journals On the Advancement of Project Management through a Flexible Integration of Machine Learning and Operations Research Tools

Author(s):  
Nikos Kanakaris ◽  
Nikos Karacapilidis ◽  
Alexis Lazanas
Author(s):  
Andrés Muñoz Villamizar ◽  
Elyn L. Solano Charris ◽  
Rodrigo Romero Silva

2013 ◽  
Vol 43 (4) ◽  
pp. 325-340 ◽  
Author(s):  
John B. Jensen ◽  
Sanjay L. Ahire ◽  
Manoj K. Malhotra

Author(s):  
Quentin Cappart ◽  
Didier Chételat ◽  
Elias B. Khalil ◽  
Andrea Lodi ◽  
Christopher Morris ◽  
...  

Combinatorial optimization is a well-established area in operations research and computer science. Until recently, its methods have mostly focused on solving problem instances in isolation, ignoring the fact that they often stem from related data distributions in practice. However, recent years have seen a surge of interest in using machine learning, especially graph neural networks, as a key building block for combinatorial tasks, either directly as solvers or by enhancing the former. This paper presents a conceptual review of recent key advancements in this emerging field, aiming at researchers in both optimization and machine learning.


Author(s):  
Stephan Meisel

Basically, Data Mining (DM) and Operations Research (OR) are two paradigms independent of each other. OR aims at optimal solutions of decision problems with respect to a given goal. DM is concerned with secondary analysis of large amounts of data (Hand et al., 2001). However, there are some commonalities. Both paradigms are application focused (Wu et al., 2003; White, 1991). Many Data Mining approaches are within traditional OR domains like logistics, manufacturing, health care or finance. Further, both DM and OR are multidisciplinary. Since its origins, OR has been relying on fields such as mathematics, statistics, economics and computer science. In DM, most of the current textbooks show a strong bias towards one of its founding disciplines, like database management, machine learning or statistics. Being multidisciplinary and application focused, it seems to be a natural step for both paradigms to gain synergies from integration. Thus, recently an increasing number of publications of successful approaches at the intersection of DM and OR can be observed. On the one hand, efficiency of the DM process is increased by use of advanced optimization models and methods originating from OR. On the other hand, effectiveness of decision making is increased by augmentation of traditional OR approaches with DM results. Meisel and Mattfeld (in press) provide a detailed discussion of the synergies of DM and OR.


2022 ◽  
pp. 73-88
Author(s):  
Murat Pasa Uysal

Successful implementations of machine learning (ML) and data science (DS) applications have enabled innovative business models and brought new opportunities for organizations. On the other hand, research studies report that organizations employing ML and DS solutions are at a high risk of failure and they can easily fall short of their objectives. One major factor is to adopt or tailor a project management method for the specific requirements of ML and DS applications. Therefore, agile project management (APM) may be proposed as a solution. However, there is significantly less study that explores ML and DS project management from an agile perspective. In this chapter, the authors discuss methods and challenges according to the background information and practice areas of ML, DS, and APM. This study can be viewed as an initial attempt to enhance these knowledge and practice domains in view of APM. Therefore, future research efforts will focus on the challenges as well as the experimental implementation of APM methods in real industrial case studies of ML and DS.


2021 ◽  
Author(s):  
Göktug Diker ◽  
Herwig Frühbauer ◽  
Edna Michelle Bisso Bi Mba

Abstract Wintershall Dea is developing together with partners a digital system to monitor and optimize electrical submersible pump (ESP) performance based on the data from Mittelplate oil field. This tool is using machine learning (ML) models which are fed by historic data and will notify engineers and operators when operating conditions are trending beyond the operating envelope, which enables an operator to mitigate upcoming performance problems. In addition to traditional engineering methods, such a system will capture knowledge by continuous improvement based on ML. With this approach the engineer has a system at hand to support the day-to-day work. Manual monitoring and on demand investigations are now backed up by an intelligent system which permanently monitors the equipment. In order to create such a system, a proof of concept (PoC) study has been initiated with industry partners and data scientists to evaluate historic events, which are used to train the ML-systems. This phase aims to better understand the capabilities of machine learning and data science in the subsurface domain as well as to build up trust for the engineers with such systems. The concept evaluation has shown that the intensive collaboration between engineers and data scientist is essential. A continuous and structured exchange between engineering and data science resulted in a mutual developed product, which fits the engineer's needs based on the technical capabilities and limits set by ML-models. To organize such a development, new project management elements like agile working methods, sprints and scrum methods were utilized. During the development Wintershall Dea has partnered with two organizations. One has a pure data science background and the other one was the data science team of the ESP manufacturer. After the PoC period the following conclusions can be derived: (1) data quality and format is key to success; (2) detailed knowledge of the equipment speeds up the development and the quality of the results; (3) high model accuracy requires a high number of events in the training dataset. The overall conclusion of this PoC is that the collaboration between engineers and data scientists, fostered by the agile project management toolkit and suitable datasets, leads to a successful development. Even when the limits of the ML-algorithms are hit, the model forecast, in combination with traditional engineering methods, adds significant value to the ESP performance. The novelty of such a system is that the production engineer will be supported by trusted ML-models and digital systems. This system in combination with the traditional engineering tools improves monitoring of the equipment and taking decisions leading to increased equipment performance.


Author(s):  
Rodrigo Romero Silva ◽  
Elyn Solano ◽  
Andrés Muñoz Villamizar

2017 ◽  
Vol 48 (5) ◽  
pp. 78-94 ◽  
Author(s):  
Giorgio Locatelli ◽  
Miljan Mikic ◽  
Milos Kovacevic ◽  
Naomi Brookes ◽  
Nenad Ivanisevic

Megaprojects are often associated with poor delivery performance and poor benefits realization. This article provides a method of identifying, in a quantitative and rigorous manner, the characteristics related to project management success in megaprojects. It provides an investigation of how stakeholders can use this knowledge to ensure more effective design and delivery for megaprojects. The research is grounded in 44 mega-projects and a systematic, empirically based methodology that employs the Fisher's exact test and machine learning techniques to identify the correlation between megaprojects’ characteristics and performance, paving the way to an understanding of their causation.


Author(s):  
Вадимович Максим Проскурін ◽  
Віктор Володимирович Морозов ◽  
Тетяна Миколаївна Шелест

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