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Título : Beyond earned value management: a graphical framework for integrated cost, schedule and risk monitoring
Autor : Acebes, Fernando
Pajares Gutiérrez, Javier
Galán Ordax, José Manuel
López Paredes, Adolfo
Publicado en: Procedia - Social and Behavioral Sciences. 2013, V. 74, p. 181-189
Editorial : Elsevier
Fecha de publicación : mar-2013
ISSN : 1877-0428
DOI: 10.1016/j.sbspro.2013.03.027
Descripción : 26th IPMA World Congress. 2012, Crete, Greece,
Resumen : In this paper, we propose an innovative and simple graphical framework for project control and monitoring, to integrate the dimensions of project cost and schedule with risk management, therefore extending the Earned Value methodology (EVM). EVM allows Project managers to know whether the project has overruns (over-costs and/or delays), but project managers do not know when deviations from planned values are so important that corrective actions should be taken or, in case of good performance, sources of improvement can be detected. From the concept of project planned variability, we build a graphical methodology to know when a project remains “out of control” or “within expected variability” during the project lifecycle. To this aim, we define and represent new control indexes and new cumulative buffers. Five areas in the chart represent five different possible project states. To implement this framework, project managers only need the data provided by EVM traditional analysis and Monte-Carlo simulation. We also explore the sensitivity of the methodology to control variables.
Palabras clave: Earned Value Management
risk management
project control and monitoring
Materia: Ingeniería civil
Civil engineering
Licencia: http://creativecommons.org/licenses/by-nc-nd/3.0
URI : http://hdl.handle.net/10259/4211
Versión del editor: http://dx.doi.org/10.1016/j.sbspro.2013.03.027
Aparece en las colecciones: Ponencias/Comunicaciones de congresos GIO

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