11th Simulation Workshop (SW23)
11th SIMULATION WORKSHOP (SW23)
Monday 27 – Wednesday 29 March 2023
National Oceanography Centre, Southampton
The OR Society’s Simulation Workshop brings together our community of experts working in the field of modelling and simulation. Hosted at the National Oceanography Centre in Southampton, SW23 will provide an opportunity for practitioners and academics to exchange ideas on the current and future state-of-the-art in modelling and simulation.
A wide spectrum of topics
A technical programme comprising a wide spectrum of simulation, modelling and analysis is being put together, and is likely to feature:
Simulation Modelling Methodology – Simulation Analysis Methodology – Simulation in Practice
CALL FOR PAPERS
We are now inviting submissions of papers and posters that present academic research and industry case studies, in order to showcase simulation and modelling excellence.
Deadline for submissions is 25 November 2022
Please submit electronically papers not previously published or presented. Each submission must be a four- to ten-page paper (ten-15 pages for the beginner/advanced tutorial stream), including an abstract of less than 150 words. All submissions will be peer reviewed and submission also implies that an author will pay to attend the workshop to present the paper. All clearance required for publication of the paper will be obtained by 10 February 2023.
New Simulations from Forio
New Simulations from Forio
Forio‘s team of simulation designers and developers have created several new simulations on leadership, teamwork, and negotiations in 2022 that are now available for use in our simulation store.
In this webinar, we will review the latest simulations running on Forio Epicenter, demonstrate examples of each, discuss how these simulations benefit learners and identify when it is appropriate to use each kind.
Using these simulations you can:
- Leadership
- Team Building and Strategy Forming
- Communication
- Organizational Behavior
- Group Dynamics
- Group Decision-Making
- Negotiations
- Leading Through Uncertainty
- Crisis Management
Forio is a System Dynamics Society sponsor. Donate now and help us expand the field.
Fluor Avoids Costly Project Changes Saving $1.3bn
Fluor saves $1.3 billion in System Dynamics-based project management.
#United States #Engineering #Fluor #Corporation
CLIENT: FLUOR
Fluor is one of the world’s largest engineering and construction firms, with 2008 revenues over $20 billion. The US-based firm operates in every major business sector and geography.
CHALLENGE: CHANGES DON’T IMPROVE PROJECTS, QUITE THE OPPOSITE
A large part of Fluor’s work is organized in the form of projects, which are typically market-driven with aggressive cost and schedule targets and evolving client needs. It is the tension among these different objectives that is often the underlying dynamic for generating changes on projects. In an initiative by Fluor’s Chairman, a comprehensive quantitative review examined all Fluor projects over several years. For many in the industry, there is a misperception that contractors improve their performance with more changes. This company-wide review was unequivocal in refuting that notion. There is a clear, unambiguous relation between the level of changes and the cost and schedule performance of projects: more changes bring ever-worsening performance on projects.
ACTION: FLEXIBLE SYSTEM DYNAMICS MODEL TO PROJECT COST OF CHANGES
After Fluor had identified and quantified the business need for improving the practice of project change management, two external consultants first built and piloted and validated a project model to assess change impacts on several initial projects. In the four years since then, the model has been used in the “Change Impact Assessment” system to conduct thousands of analyses on over 100 client projects. Fluor projects analyzed with this model range in size from less than million to more than billion.
The system rapidly tailors a model to simulate each engineering and construction project. Each model is then used to foresee future cost and schedule impacts of project changes, and most important, test ways to avoid the impacts.
We developed a project model based on our prior modeling work with Fluor, and built a system around it, with defined practices to rapidly and automatically tailor the model to a specific project. We set up an interface to allow dozens of trained company users to test proactively project-wide impacts of proposed design or scope changes.
We conducted worldwide training of executives and managers and analysts, ensuring the focus was on foreseeing and mitigating future change impacts. The system was applied to hundreds of Fluor projects.
RESULTS: COST REDUCTION OF $1.3 BILLION
A cultural change occurred in the company, focused on proactive mitigating efforts that reduce change impacts on the projects.As a result, many disputes were avoided (some had cost tens of millions of dollars), and cost impacts were reduced by proactive actions identified in the analyses, amounting to over $1.3 billion savings to Fluor and their clients.
LEARN MORE
System Dynamics modelers: Kenneth Cooper and Gregory Lee
AWARDS & PUBLICATIONS
Award: In 2009, the Society awarded its System Dynamics Applications Award to Kenneth Cooper and Gregory Lee for their work Managing the Dynamics of Projects and Changes at Fluor. See conference slides and citation.
Article: Managing the Dynamics of Projects and Changes at Fluor
OTHER SUCCESSFUL APPLICATIONS
System Dynamics Helps Farmers Escape Poverty Trap in Guatemala
System Dynamics Helps Farmers Escape Poverty Trap in Guatemala EXECUTIVE Summary Guatemala holds the 4th highest global ranking for chronic malnutrition, and climate change is intensifying the challenges subsistence farmers face in providing food for their families....
Twinings Uses System Dynamics Games to Enhance HR Capability
Twinings Uses System Dynamics Games to Enhance HR Capability “Realistic simulation is a powerful approach to building capability. The business simulation developed [by Dashboard Simulations and Lane4] gave [Twinings staff] an experience that called for them to develop...
RSC Uses System Dynamics to Increase HVACR Sales Against the Tide
RSC Uses System Dynamics to Increase HVACR Sales Against the Tide “Using the proven Strategy Dynamic process focused our limited resources on organizing strategic issues, identifying the critical resources, and developing the insight to more rapidly create intuitive...
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OTHER SUCCESSFUL APPLICATIONS
System Dynamics Helps Farmers Escape Poverty Trap in Guatemala
System Dynamics Helps Farmers Escape Poverty Trap in Guatemala EXECUTIVE Summary Guatemala holds the 4th highest global ranking for chronic malnutrition, and climate change is intensifying the challenges subsistence farmers face in providing food for their families....
Twinings Uses System Dynamics Games to Enhance HR Capability
Twinings Uses System Dynamics Games to Enhance HR Capability “Realistic simulation is a powerful approach to building capability. The business simulation developed [by Dashboard Simulations and Lane4] gave [Twinings staff] an experience that called for them to develop...
RSC Uses System Dynamics to Increase HVACR Sales Against the Tide
RSC Uses System Dynamics to Increase HVACR Sales Against the Tide “Using the proven Strategy Dynamic process focused our limited resources on organizing strategic issues, identifying the critical resources, and developing the insight to more rapidly create intuitive...
Recent Posts
Book Signing & Book Swap at ISDC 2023
Book Signing & Book Swap at ISDC 2023 Learn about their books directly from the authors! Don’t miss out! Several book authors will join us at the Book Signing event at ISDC 2023. This event will be held live at the conference in Chicago, on Tuesday, July 25 at...
Webinar Highlights & Recording: Digital Twin Business Models for Strategy and Operational Management
Webinar Highlights & Recording: Digital Twin Business Models for Strategy and Operational Management We had the opportunity to delve into the world of business model simulations with industry experts Kim Warren, founder of Strategy Dynamics, and Martin Lycko,...
Webinar Highlights & Recording: System Dynamics Modeling with R.
Webinar Highlights & Recording: System Dynamics Modeling with R. System Dynamics is a powerful approach to understanding complex systems in various fields, such as public health, ecology, and economics. Prof. Jim Duggan, an expert in applying System Dynamics and...
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Webinar: Exploring Transition Pathways to Rooftop Solar PV Waste Management using System Dynamics Modelling Approach
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