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A comparison of different project duration forecasting methods using earned value metrics [PDF]

open access: yesInternational Journal of Project Management, 2006
Abstract Earned value project management is a well-known management system that integrates cost, schedule and technical performance. It allows the calculation of cost and schedule variances and performance indices and forecasts of project cost and schedule duration.
S. VANDEVOORDE, M. VANHOUCKE
exaly   +5 more sources

EARNED VALUE METHOD AND CUSTOMER EARNED VALUE

Journal of Construction Research, 2002
The Earned Value Method (EVM) is considered an advanced project control technique for integration of schedule and cost. However, prevailing project control, including the earned value method, is an effective tool only under the limiting assumption that every activity (or cost account) is independent. EVM lacks flow and value generation concepts in that
YONG-WOO KIM, GLENN BALLARD
openaire   +3 more sources

Optimization study of Earned Value Method in construction project management

2012 International Conference on Information Management, Innovation Management and Industrial Engineering, 2012
Earned Value Method is a globally acknowledged approach in cost-schedule monitoring of construction project whose desired target is with the shortest time, the lowest cost and the highest quality. Due to the long construction cycle, high risk and extreme complexity of construction projects, traditional Earned Value Management appears somewhat limited ...
null Xiao Ma, null Bin Yang
openaire   +3 more sources

Method “Earned Value Management” for Timescale Controlling in Construction Projects

Applied Mechanics and Materials, 2015
Article presents an assessment of using “Earned Value Management” method for monitoring the construction projects completion on time. It describes the technique of Earned Value Management for Project Time Management. A specific example analyzes the possibility of using indicators Earned Schedule and Independent Estimate of Completion (time) and ...
Sergei Bovteev, Marina Petrochenko
openaire   +3 more sources

Cost Control Method for Goods Transportation of Coastal Enterprises Based on Earned Value Method

Journal of Coastal Research, 2020
Gao, S., 2020. Cost control method for goods transportation of coastal enterprises based on earned value method. In: Yang, Y.; Mi, C.; Zhao, L., and Lam, S. (eds.), Global Topics and New Trends in Coastal Research: Port, Coastal and Ocean Engineering. Journal of Coastal Research, Special Issue No. 103, pp. 674–677.
openaire   +3 more sources

Comparative Study of Earned Schedule Method With Earned Value Method

International Journal of Technology, 2015
ES is considered a breakthrough technique to integrated performance management and EVM theory and practice. Earned Schedule (ES) is a method of extracting schedule information from Earned Value Management (EVM) data. The method has been shown to provide reliable schedule indicators and predictors for both early and late finish projects.
Abhineet Tripathi   +3 more
openaire   +1 more source

Simplified Earned Value Analysis Method for Highway Construction Projects

Transportation Research Record: Journal of the Transportation Research Board, 2023
Earned value (EV) methodology has been widely studied and implemented in academia and industry. Nonetheless, state departments of transportation (DOTs) are lagging in their acceptance and utilization of EV techniques to measure progress and assess performance for highway construction projects.
Junghye Son   +3 more
openaire   +1 more source

Earned Value Project Management Method and Extensions

Project Management Journal, 2003
The earned value project management method integrates three critical elements of project management: scope management, cost management, and time management. It requires the periodic monitoring of actual expenditures and physical scope accomplishments, and allows calculation of cost and schedule variances, along with performance indices.
openaire   +1 more source

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