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Deterministic, path-sensitive heuristics for project earned value management

Author

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  • James Burns
  • Qing Cao

Abstract

New deterministic, path-sensitive approaches to tracking and control are presented that will provide assessments of on-time as well as within-budget completion, taking into consideration the critical path. Project management and control with earned value analysis (EVA) is first investigated for validity. EVA is well-accepted as a technique for performance measurement of projects during execution. Even so, limitations are found and catalogued for projects of all sizes. From those limitations, improvements are proposed, such improvements taking the form of simple heuristics involving paths. The improvements are tested and found to have validity.

Suggested Citation

  • James Burns & Qing Cao, 2011. "Deterministic, path-sensitive heuristics for project earned value management," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 3(1), pages 1-21.
    • Handle: RePEc:ids:ijpoma:v:3:y:2011:i:1:p:1-21
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    Cited by:

    1. Preenithi Aksorn & Chotchai Charoenngam, 2016. "Factors influencing life cycle management for community infrastructure development," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 8(1), pages 63-86.
    2. Xiaokang Han & Wenzhou Yan & Ting Liu, 2022. "Critical chains and its randomness study for scheduling optimization," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 13(2), pages 844-854, April.

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