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Stochastic Earned Duration Analysis for Project Schedule Management

open access: yesEngineering, 2022
Earned duration management (EDM) is a methodology for project schedule management (PSM) that can be considered an alternative to earned value management (EVM).
Fernando Acebes   +3 more
doaj   +7 more sources

Forecasting project duration by Earned Duration Management and Risk Management [PDF]

open access: yesمدیریت صنعتی, 2016
Being observed frequently that projects cannot achieve to their plan duration and their budget. Utilizing retrospective method is one of the reasons for this problem.
Akbar Alamtabriz   +2 more
doaj   +2 more sources

Comparative analysis of earned value management techniques in construction projects [PDF]

open access: yesScientific Reports
Several earned value techniques are used to monitor progress and forecast the cost and time performance of construction projects. However, their forecasting accuracy, particularly across different project types and progress stages, remains understudied ...
Mohamed Elsaid   +3 more
doaj   +2 more sources

An ex ante control chart for project monitoring using earned duration management observations [PDF]

open access: yesJournal of Industrial Engineering International, 2017
In the past few years, there has been an increasing interest in developing project control systems. The primary purpose of such systems is to indicate whether the actual performance is consistent with the baseline and to produce a signal in the case of ...
Seyed Taha Hossein Mortaji   +3 more
doaj   +3 more sources

Predicting project duration and cost, and selecting the best action plan using statistical methods for earned value management [PDF]

open access: yesJournal of Project Management, 2020
Nowadays, with the increasing number of projects in organizations, managers are enthusiastic about managing and controlling projects, and as projects become more complex and cause unforeseen risks, project management becomes even more critical. Using the
Sajad Soltan, Maryam Ashrafi
doaj   +2 more sources

MONITORING AND CONTROL SYSTEM OF THE STAKEHOLDERS ACTIVITIES FOR PROJECT BASED ON THE EARNED DURATION MANAGEMENT METHOD

open access: yesМодернизация, инновация, развитие, 2018
Purpose: the purpose of the article is to describe the Earned Duration Management method in relation to individual phases of the project and the project as a whole.
R. Yu. Dashkov, A. V. Tislenko
doaj   +3 more sources

Estimating Construction Project Duration and Costs upon Completion Using Monte Carlo Simulations and Improved Earned Value Management

open access: yesBuildings, 2022
Earned value management (EVM) is widely used when monitoring and estimating operations related to construction projects. As the scope and complexity of construction projects expand, traditional EVM is sometimes ineffective and even results in conclusions
Jie Deng, Wei Jian
doaj   +3 more sources

Establishing Control Limits on Time Performance Indicators of Projects through Monte Carlo Simulation and Earned Duration Management [PDF]

open access: yesفرایند مدیریت و توسعه, 2019
Earned Duration Management (EDM) method has been developed to enhance Earned Value Management and to solve some of its problems, such as separation of measuring time and cost dimensions.
Akbar Alam-Tabriz   +2 more
doaj   +3 more sources

Duration Estimate at Completion: Improving Earned Value Management Forecasting Accuracy

open access: yesKSCE Journal of Civil Engineering, 2020
Earned Value Management (EVM) has been established as a project management technique for project monitoring and control. The traditional EVM performs well in forecasting Cost Performance index and other cost metrics. However, in terms of schedule performance, the accuracy of the forecasted schedule metrics through the traditional EVM approach are ...
Solomon Sackey   +2 more
exaly   +2 more sources

A Comparison of the Neural Network Approach and the Earned Value Management in Predicting Final Cost and Duration of Projects [PDF]

open access: yesچشم‌انداز مدیریت صنعتی, 2014
In construction project management, success in the controlling of projects’ final cost .Also duration is a critical issue that can help managers. The main purpose of the management of construction projects is to ensure that the projects can be performed ...
Akbar Alem Tabriz   +2 more
doaj   +1 more source

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