Earned value method as a tool for project control
Earned Value is a well-known project management tool that uses information on cost, schedule and work performance to establish the current status of the project. By means of a few simple rates, it allows the manager to extrapolate current trends to predict their likely final effect. The method is ba...
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| Format: | Article |
| Language: | English |
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Lublin University of Technology
2008-12-01
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| Series: | Budownictwo i Architektura |
| Subjects: | |
| Online Access: | https://ph.pollub.pl/index.php/bia/article/view/2320 |
| _version_ | 1797287528159510528 |
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| author | Agata Czarnigowska |
| author_facet | Agata Czarnigowska |
| author_sort | Agata Czarnigowska |
| collection | DOAJ |
| description | Earned Value is a well-known project management tool that uses information on cost, schedule and work performance to establish the current status of the project. By means of a few simple rates, it allows the manager to extrapolate current trends to predict their likely final effect. The method is based on a simpli-fied model of a project, but proved to be useful in practice of cost control. It is being developed to account better for schedule and time aspects. The paper outlines the basic principles of the method and its recent extension, the Earned Schedule method, and, with help of a few examples, investigates into assumptions that affect their diagnostic and predictive accuracy. |
| first_indexed | 2024-03-07T18:34:28Z |
| format | Article |
| id | doaj.art-cef01f153a9f49179fbbbbf442adb79a |
| institution | Directory Open Access Journal |
| issn | 1899-0665 2544-3275 |
| language | English |
| last_indexed | 2024-03-07T18:34:28Z |
| publishDate | 2008-12-01 |
| publisher | Lublin University of Technology |
| record_format | Article |
| series | Budownictwo i Architektura |
| spelling | doaj.art-cef01f153a9f49179fbbbbf442adb79a2024-03-02T05:22:56ZengLublin University of TechnologyBudownictwo i Architektura1899-06652544-32752008-12-013210.35784/bud-arch.2320Earned value method as a tool for project controlAgata Czarnigowska0Department of Construction Management; Faculty of Civil Engineering and Architecture; Lublin University of TechnologyEarned Value is a well-known project management tool that uses information on cost, schedule and work performance to establish the current status of the project. By means of a few simple rates, it allows the manager to extrapolate current trends to predict their likely final effect. The method is based on a simpli-fied model of a project, but proved to be useful in practice of cost control. It is being developed to account better for schedule and time aspects. The paper outlines the basic principles of the method and its recent extension, the Earned Schedule method, and, with help of a few examples, investigates into assumptions that affect their diagnostic and predictive accuracy.https://ph.pollub.pl/index.php/bia/article/view/2320Earned Valueproject control |
| spellingShingle | Agata Czarnigowska Earned value method as a tool for project control Budownictwo i Architektura Earned Value project control |
| title | Earned value method as a tool for project control |
| title_full | Earned value method as a tool for project control |
| title_fullStr | Earned value method as a tool for project control |
| title_full_unstemmed | Earned value method as a tool for project control |
| title_short | Earned value method as a tool for project control |
| title_sort | earned value method as a tool for project control |
| topic | Earned Value project control |
| url | https://ph.pollub.pl/index.php/bia/article/view/2320 |
| work_keys_str_mv | AT agataczarnigowska earnedvaluemethodasatoolforprojectcontrol |