IDEAS home Printed from https://ideas.repec.org/a/pal/jorsoc/v57y2006i3d10.1057_palgrave.jors.2602007.html
   My bibliography  Save this article

Completing projects according to plans: an earned-value improvement index

Author

Listed:
  • D F Cioffi

    (Project Management Program, The George Washington University)

Abstract

To finish in accordance with its originally planned duration or cost, a project that is not meeting its schedule or budget requires improved performance in the work that remains. This paper shows how to calculate the new productivity in terms of the average earned-value performance over the first part of a project, and it shows how the new productivity rate depends on the fraction of tasks completed. The completed task fraction beyond which recovery is impossible is calculated, and a point beyond which recovery is highly unlikely is suggested. Using an analytic approximation for an S-curve, these calculations are transformed into a temporal domain.

Suggested Citation

  • D F Cioffi, 2006. "Completing projects according to plans: an earned-value improvement index," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(3), pages 290-295, March.
    • Handle: RePEc:pal:jorsoc:v:57:y:2006:i:3:d:10.1057_palgrave.jors.2602007
    DOI: 10.1057/palgrave.jors.2602007
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/palgrave.jors.2602007
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/palgrave.jors.2602007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zoltan Sebestyen & Gergely Babos, 2012. "Forecasting in Project Monitoring System Based on the Concept of Earned Scedule," MIC 2012: Managing Transformation with Creativity; Proceedings of the 13th International Conference, Budapest, 22–24 November 2012 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    2. M Vanhoucke & S Vandevoorde, 2007. "A simulation and evaluation of earned value metrics to forecast the project duration," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(10), pages 1361-1374, October.
    3. Plaza, Malgorzata & Rohlf, Katrin, 2008. "Learning and performance in ERP implementation projects: A learning-curve model for analyzing and managing consulting costs," International Journal of Production Economics, Elsevier, vol. 115(1), pages 72-85, September.
    4. Plaza, Malgorzata, 2016. "Balancing the costs of human resources on an ERP project," Omega, Elsevier, vol. 59(PB), pages 171-183.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jorsoc:v:57:y:2006:i:3:d:10.1057_palgrave.jors.2602007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.