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    Por favor, use este identificador para citar o enlazar este ítem: http://hdl.handle.net/10259/4211

    Título
    Beyond earned value management: a graphical framework for integrated cost, schedule and risk monitoring
    Autor
    Acebes, Fernando
    Pajares Gutiérrez, Javier
    Galán Ordax, José ManuelAutoridad UBU Orcid
    López Paredes, Adolfo
    Publicado en
    Procedia - Social and Behavioral Sciences. 2013, V. 74, p. 181-189
    Editorial
    Elsevier
    Fecha de publicación
    2013-03
    ISSN
    1877-0428
    DOI
    10.1016/j.sbspro.2013.03.027
    Descripción
    26th IPMA World Congress. 2012, Crete, Greece,
    Abstract
    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
    URI
    http://hdl.handle.net/10259/4211
    Versión del editor
    http://dx.doi.org/10.1016/j.sbspro.2013.03.027
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    Documento(s) sujeto(s) a una licencia Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
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