“…System dynamics models have been successfully applied to project management issues including the effect of rework on project performance (Cooper, ,; Love et al ., ; Love and Li, ; Love et al ., , Love et al ., , Love et al ., ; Lee et al ., ), construction firm performance (Ogunlana et al ., ; Tang and Ogunlana, ), failures in fast track implementation (Ford and Sterman, ), poor schedule performance (Abdel‐Hamid, ), schedule risk management (Ford and Bhargav, ), project contingencies management (Ford, ), the planning of fast‐track construction projects (Peña‐Mora and Li, ; Pena‐Mora and Park, ), construction innovation (Park et al ., ), technology development risk (Ford and Sobek, ), change management (Park and Pena‐Mora, ; Lee et al ., , ), concealing rework requirements (Ford and Sterman, ), tipping point dynamics (Taylor and Ford, , ), determination of cost predictors for rework in civil infrastructure projects (Love et al ., ) and the impact of public policy and societal risk perception on nuclear power plant construction (Taylor et al ., ) among others. The methodology's ability to model many diverse system components, processes and managerial decision‐making and actions makes it useful for the current work.…”