IDEAS home Printed from https://ideas.repec.org/a/wut/journl/v3y2008p5-15.html
   My bibliography  Save this article

Estimation of long-term project risk during project realization – combination of the earned value and present value methods

Author

Listed:
  • Barbara Gładysz
  • Dorota Kuchta

Abstract

The paper proposes a combination of two methods: the Net Present Value Method and the Earned Value Method – to control the risk of not achieving the targeted value of long-term projects. The method is capable, like the Earned Value Method, to forecast future financial overruns ahead of time and to warn the project manager long before the event itself occurs so that the project manager has time to handle the problem. On the other hand, the proposed method is able, like the Net Present Value, to take the time value of money into account.

Suggested Citation

  • Barbara Gładysz & Dorota Kuchta, 2008. "Estimation of long-term project risk during project realization – combination of the earned value and present value methods," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 18(3), pages 5-15.
  • Handle: RePEc:wut:journl:v:3:y:2008:p:5-15
    as

    Download full text from publisher

    File URL: https://ord.pwr.edu.pl/assets/papers_archive/103%20-%20published.pdf
    Download Restriction: no
    ---><---

    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:wut:journl:v:3:y:2008:p:5-15. 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: Adam Kasperski (email available below). General contact details of provider: https://edirc.repec.org/data/iopwrpl.html .

    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.