1.1 This guide covers schedule beta (β_s), which measures construction project participant schedule performance versus that of the overall completed project and is based on beta (β) from financial portfolio theory for measuring the correlation between individual stock performance and that of the overall stock market.2 By correlating the delta of actual activity performance (“as-built”) minus that originally scheduled (“as-planned”) to the delta of as-built minus as-planned for the overall completed project for a participant”s collection of projects over a specified period of time, a schedule performance index is established in a similar manner as the aforementioned beta (β) of an individual stock.

Product Details

Published:

02/01/2023

Number of Pages:

8

File Size:

1 file , 310 KB

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