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Civil-Comp Proceedings
ISSN 1759-3433 CCP: 2/3
PROCEEDINGS OF THE SECOND INTERNATIONAL CONFERENCE ON CIVIL AND STRUCTURAL ENGINEERING COMPUTING Edited by: B.H.V. Topping
Paper III.3
CASPAR - A Program for Engineering Project Appraisal and Management P.A. Thompson and G. Willmer
Department of Civil Engineering, UMIST, England P.A. Thompson, G. Willmer, "CASPAR - A Program for Engineering Project Appraisal and Management", in B.H.V. Topping, (Editor), "Proceedings of the Second International Conference on Civil and Structural Engineering Computing", Civil-Comp Press, Edinburgh, UK, pp 75-81, 1985. doi:10.4203/ccp.2.3.3
Abstract
CASPAR - Computer Aided Simulation for Project Appraisal and Review - is a Project Management tool designed to model the interaction of time, resources, cost and revenue throughout the entire life cycle of a project. CASPAR has the capacity t o evaluate the consequences of delay, escalation, changes to the market or production rate, which occur a t any time during development or operation. It can assist with the identification and analysis of the financial and construction risks associated with the engineering, operation, and management of the project.
Its main use has therefore been for appraisal studies and cost/benefit analyses for a variety of projects including the Severn Tidal Power Scheme, but it has also been used for the compilation of detailed operational type cost estimates for high risk overseas construction contracts. In this paper, the authors will demonstrate the use of the model for appraisal and risk analysis of a mining development. purchase the full-text of this paper (price £20)
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