Deterministic, path–sensitive heuristics for project earned value management

James Burns, Qing Cao

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

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.

Original languageEnglish
Pages (from-to)1-21
Number of pages21
JournalInternational Journal of Project Organisation and Management
Volume3
Issue number1
DOIs
StatePublished - 2011

Keywords

  • CCPM
  • EVA
  • TAC
  • budget at completion
  • critical chain project management
  • critical path
  • earned value analysis
  • earned value management
  • time at completion

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