Delay is the leading challenge in completing Engineering, Procurement, and Construction (EPC) projects. Delay can cause excess costs, which reduces company profits. The relationship between subcontractors and the main contractor is a critical factor that can support the success of an EPC project. The problematic financial condition of the main contractor can cause delay in payments to subcontractors. This research will set a model that combines the system dynamics and earned value method to describe the impact of subcontractor advance payments on project performance. The system dynamics method is used to model and analyze the impact of interactions between variables affecting project performance, while the earned value method is applied to quantitatively evaluate project performance and forecast schedule and cost outcomes. These two methods are used complementarily to achieve a holistic understanding of project dynamics and to optimize decision-making. The designed model selects the optimum scenario for project time and costs. The developed model comprises project performance, costs, cash flow, and performance forecasting sub-models. The novelty in this research is a new model for optimizing project implementation time and costs, adding payment rate variables to subcontractors and subcontractor performance rates. The designed model can provide additional information to assist project managers in making decisions.

Nothofagus pumilio forests constitute the most economically important forest stand in southern Argentina and Chile. Total volume stocking and volumetric yield vary according to site quality, degree of occupation, growth stage and forest history of the stand. The objective of this work was to evaluate the stocking and the productive potential in quantity and quality of products for the sawmilling industry, using three harvesting systems (short logs, long logs and complete shafts) in the protection cut of a N. pumilio forest of site quality III in Tierra del Fuego (Argentina). The trials were conducted in an irregular mature forest with two strata and abundant regeneration (3.0 ha; RDI 93.8–113.4%). Total volumes varied between 726.5 and 850.3 m³∙ha^-1, with a volume/basal area ratio of 11.8 to 12.1 m³∙m^-2. The harvesting rates obtained were: 45.5% for complete logs, 21.3% for long logs and 22.4% for short logs. A model was used to estimate the timber volume for each system, where full shafts resulted in a significant increase in timber volume. Considering new alternatives in the planning of harvesting in forest management for N. pumilio forests, such as the system of complete shafts, allows obtaining higher harvesting rates, increasing the benefits for the forestry company and minimizing the damage to the forest, due to the shorter distance of the machinery in the forest harvesting.