Byung-Cheol (BC) Kim, Ph.D.

Byung-Cheol Kim, Ph.D.
Associate Professor of Project and Supply Chain Management, Project and Supply Chain Management and MPM programs
265 Burke

Mailing Address:
PENN STATE BEHREND
281 BURKE CENTER
ERIE PA 16563

Dr. Kim earned his Ph.D. at Texas A&M university and has more than twelve years experience. Dr. Kim also is also a recipient of the best teacher award in engineering college and the best paper award at American Society of Civil Engineering.

Project risk analysis; Project cost forecasting; Schedule forecasting; Probabilistic IRR and payback period analysis; Bayesian modeling; Monte Carlo simulation. A dozen of papers were published in prominent journals such as IEEE Transactions on Engineering Management, etc.

Multi-factor Dependence Modelling with Specified Marginals and Structured Association in Large-scale Project Risk Assessment, European Journal of Operational Research - January 16, 2022

Dependence Modeling for Large-scale Project Cost and Time Risk Assessment: Additive Risk Factor Approaches, IEEE Transactions on Engineering Management - 2021

Multi-factor Association Dependence Modelling for Project Risk Analysis, MethodsX - July 8, 2021

What CPI = 0.85 Really Means: A Probabilistic Extension of the Estimate at Completion, Journal of Management in Engineering - March, 2019
Collaborator: Jeffrey Pinto, Co-Author

Improving the Accuracy and Operational Predictability of Project Cost Forecasts: An Adaptive Combination Approach, Production Planning & Control - May 4, 2018
Collaborator: Young Hoon Kwak, Co-Author

Cost Performance as a Stochastic Process: EAC Projection by Markov Chain Simulation, Journal of Civil Engineering and Management (ABS 2) - June, 2016
Collaborators: Jing Du, Author; Dong Zhao, Co-Author

Probabilistic Evaluation of Cost Performance Stability in Earned Value Management., Journal of Management in Engineering (ABS 2) - January 1, 2016

Dynamic Control Thresholds for Consistent Earned Value Analysis and Reliable Early Warning, Journal of Management in Engineering (ABS 2) - September 1, 2015

Integrating Risk Assessment and Actual Performance for Probabilistic Project Cost Forecasting: A Second Moment Bayesian Model, IEEE Transactions on Engineering Management (ABS 3) - May 11, 2015

Credibility Evaluation of Project Duration Forecast using Forecast Sensitivity and Forecast-risk Compatibility, Journal of Civil Engineering and Management (ABS 2) - March 30, 2015
Collaborator: Seong Jin Kim, Co-Author

Chemical Plant Construction: Probabilistic Schedule Forecasting and Risk Assessment - September 30, 2014

Sensitivity of Earned Value Schedule Forecast to S-curve Patterns, Journal of Civil Engineering and Management (ABS 2) - February, 2014
Collaborator: Hyung-Kin Kim, Co-Author

Batch-size Based Repetitive Scheduling Method - 2013
Collaborator: Euysup Shim, Author

Dealing with Uncertainty, The Industrial Engineer Magazine - September 1, 2013
Collaborators: Euysup Shim, Co-Author; Kenneth Reinschmidt, Co-Author

Probability Distribution of the Project Payback Period using the Equivalent Cash Flow Decomposition, The Engineering Economist - May 13, 2013
Collaborator: Kenneth Reinschmidt, Co-Author

Cash-flow Simulation Game for Teaching Project Cash-flow Forecasting - May 1, 2013
Collaborators: Euysup Shim, Author; Seongchan Kim, Co-Author

Reclaiming Multifaceted Financial Risk Information from Correlated Cash Flows under Uncertainty - January 11, 2013
Collaborators: Euysup Shim; Seong Jin Kim

A Second Moment Approach to Probabilistic IRR using Taylor Series, The Engineering Economist - February 01, 2012
Collaborator: Kenneth Reinschmidt, Co-Author

Combination of Project Cost Forecasts in Earned Value Management, Journal of Construction Engineering and Management (ABS 2) - November 01, 2011
Collaborator: Kenneth Reinschmidt, Co-Author

Probabilistic Performance Risk Evaluation of Infrastructure Projects - April 11, 2011

Probabilistic Forecasting of Project Duration Using Kalman Filter and the Earned Value Method, Journal of Construction Engineering and Management (ABS 2) - August, 2010
Collaborator: Kenneth Reinschmidt, Co-Author

Probabilistic Forecasting of Project Duration Using Bayesian Inference and the Beta Distribution, Journal of Construction Engineering and Management - 2009
Collaborator: K. Reinschmidt, Co-Author

Project Schedule Risk Assessment and Completion Prediction Using a Bayesian Forecasting Method - April 18, 2008
Collaborator: K. Reinschmidt, Co-Author

An S-Curve Bayesian Model for Forecasting Probability Distributions on Project Duration and Cost at Completion - July 15, 2007
Collaborator: K. Reinschmidt, Co-Author

Introduction to Project Management - 2003

Ph D, Construction Engineering and Management , Texas A&M University

MS, Civil Engineering, Seoul National University

BS, Civil Engineering, Seoul National University