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dc.contributor.authorAcebes, Fernando
dc.contributor.authorPajares Gutiérrez, Javier
dc.contributor.authorGalán Ordax, José Manuel 
dc.contributor.authorLópez Paredes, Adolfo
dc.date.accessioned2016-08-31T08:33:35Z
dc.date.available2016-08-31T08:33:35Z
dc.date.issued2013-03
dc.identifier.issn1877-0428
dc.identifier.urihttp://hdl.handle.net/10259/4211
dc.description26th IPMA World Congress. 2012, Crete, Greece,
dc.description.abstractIn 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.en
dc.description.sponsorshipProject “Computational Models for Strategic Project Portfolio Management”, supported by the Regional Government of Castile and Leon (Spain) with grant VA056A12-2.en
dc.format.mimetypeapplication/pdf
dc.language.isoenges
dc.publisherElsevieren
dc.relation.ispartofProcedia - Social and Behavioral Sciences. 2013, V. 74, p. 181-189en
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Unported
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0
dc.subjectEarned Value Managementen
dc.subjectrisk managementen
dc.subjectproject control and monitoringen
dc.subject.otherIngeniería civiles
dc.subject.otherCivil engineeringen
dc.titleBeyond earned value management: a graphical framework for integrated cost, schedule and risk monitoringen
dc.typeinfo:eu-repo/semantics/conferenceObject
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.relation.publisherversionhttp://dx.doi.org/10.1016/j.sbspro.2013.03.027
dc.identifier.doi10.1016/j.sbspro.2013.03.027
dc.relation.projectIDinfo:eu-repo/grantAgreement/JCyL/VA056A12-2
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersionen


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