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Optimization on Earned Value Method Combined with Critical Path

In: Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013)

Author

Listed:
  • Qi-bin Zheng

    (Tianjin University)

  • Xing Bi

    (Tianjin University)

Abstract

When calculating the schedule performance using the traditional earned value method, the earned value in the critical path and in the noncritical path is not differentiated. It cannot evaluate the progress of project objectively. In this paper, the schedule performance indicators are optimized through introducing the weight value, and schedule performance on the critical path is analyzed. The critical path issues in the evaluation of the progress of the project are solved, which will provide a basic point of reference for schedule measurement of project.

Suggested Citation

  • Qi-bin Zheng & Xing Bi, 2014. "Optimization on Earned Value Method Combined with Critical Path," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013), edition 127, pages 707-715, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40060-5_68
    DOI: 10.1007/978-3-642-40060-5_68
    as

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