Managing Projects with Earned Value Management - Revision history

Tkokotas at 13:08, 18 December 2018

2018-12-18T13:08:50Z

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			''Developed by Maria Vittoria Onori''

	[[Category:Project Management]][[Category:Management]][[Category:Performance Management]][[Category:Earned Value Analysis]]		[[Category:Project Management]][[Category:Management]][[Category:Performance Management]][[Category:Earned Value Analysis]]

Tkokotas at 18:59, 23 October 2018

2018-10-23T18:59:59Z

← Older revision		Revision as of 18:59, 23 October 2018
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	[[Category:Project Management]][[Category:Management]][[Category:Performance Management]]		[[Category:Project Management]][[Category:Management]][[Category:Performance Management]][[Category:Earned Value Analysis]]

	[[File:windows-live-writer-b2cab4562916_d47c-irontriangle_6_1.png\|thumb\|'''Figure 1:''' The Project Management Triangle]]		[[File:windows-live-writer-b2cab4562916_d47c-irontriangle_6_1.png\|thumb\|'''Figure 1:''' The Project Management Triangle]]

M vittoria: /* Limitations */

2016-09-26T20:47:41Z

Limitations

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	# Although it takes into account Cost, Schedule and Scope of Work, Earned Value Management does not assess the Quality dimension of the Project Management Triangle. Since no quality control is factored into EVM, a project that is on time and on budget could still be of low quality.		# Although it takes into account Cost, Schedule and Scope of Work, Earned Value Management does not assess the Quality dimension of the Project Management Triangle. Since no quality control is factored into EVM, a project that is on time and on budget could still be of low quality.
	# It is not a stand-alone tool: EVM is not sufficient ‘per se’ to monitor projects and programs. Therefore, it must be combined with other methods. One tool typically used with EVM is the critical-path method (CPM), which can use the EVM's WBS activities as input. Other techniques that can be integrated with EVM include Gantt charts, milestones, work authorisation methods and quality control.		# It is not a stand-alone tool: EVM is not sufficient ‘per se’ to monitor projects and programs. Therefore, it must be combined with other methods. One tool typically used with EVM is the critical-path method (CPM), which can use the EVM's WBS activities as input. Other techniques that can be integrated with EVM include Gantt charts, milestones, work authorisation methods and quality control.
	# Finally, EVM does not provide solutions, i.e. the output of EVM analysis does not say to managers which actions to take in order to change the performance of the project. The lack of an explicit connection between EVM metrics and possible management action is considered by Lipke (2004)<ref name="Lipke"> Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. Page 1.</ref> as one of the main deficiencies of the EVM methodology.		# Finally, EVM does not provide solutions, i.e. the output of EVM analysis does not say to managers which actions to take in order to change the performance of the project. The lack of an explicit connection between EVM metrics and possible management action is considered by Lipke (2004)<ref name="Lipke"> Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. Page 1. Retrieved from: http://www.earnedschedule.com/Docs/Connecting%20EV%20to%20the%20Schedule.pdf</ref> as one of the main deficiencies of the EVM methodology.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:45:05Z

Annotated Bibliography

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	:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.		:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.
	* Patton, LTC Nanette and Shechet, Allan (2007). ''EarnedValue Management: Are ExpectationsToo High?''. CrossTalk- The Journal of Defense Software Engineering.<ref name="expectation">Patton, LTC Nanette and Shechet, Allan (2007). EarnedValue Management: Are ExpectationsToo High? CrossTalk- The Journal of Defense Software Engineering.</ref>		* Patton, LTC Nanette and Shechet, Allan (2007). ''EarnedValue Management: Are ExpectationsToo High?''. CrossTalk- The Journal of Defense Software Engineering.<ref name="expectation">Patton, LTC Nanette and Shechet, Allan (2007). EarnedValue Management: Are ExpectationsToo High? CrossTalk- The Journal of Defense Software Engineering.</ref>
	:: ~~An article where the~~ authors use their experience with IT and aerospace projects to identify potential difficulties in the application on EVM in this domain together with risk mitigation strategies to counter ~~those~~ difficulties. One of ~~the~~ key message is that when ~~agencies~~ apply EVM, especially for the first time, they should train their managers not only in EVM processes but also in human behaviors and management styles. The authors argue that this is fundamental in order to avoid major problems that can ~~result from~~ the implementation of EVM. It is a particularly relevant reading for those interested in applying EVM in IT projects and ~~for examining~~ the behavioural and human ~~dimension of~~ the EVM application ~~context~~.		:: The authors use their experience with IT and aerospace projects to identify potential difficulties in the application on EVM in this domain together with risk mitigation strategies to counter these difficulties. One of key message is that when organisations apply EVM, especially for the first time, they should train their managers not only in EVM processes but also in human behaviors and management styles. The authors argue that this is fundamental in order to avoid major problems that can arise due the implementation of EVM. It is a particularly relevant reading for those interested in applying EVM in IT projects and to get an overview on the behavioural and human dimensions associated with the EVM application.
	*Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. <ref name="Lipke"> Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. </ref>		*Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. <ref name="Lipke"> Lipke, Walt. (2004) ''Connecting Earned Value to the Schedule''. The Measurable News. </ref>
	:: A paper that looks into the connection between the Earned Value Management approach and the project schedule through the use of the Earned Schedule (ES) concept. The author critically analyses the EVM technique and its main metrics and introduces a new measure to indicate the adherence to the project plan, the P – Factor. It is a recommended reading for people already familiar with the EVM methodology, who wish to have an insight on Earned Schedule.		:: A paper that looks into the connection between the Earned Value Management approach and the project schedule through the use of the Earned Schedule (ES) concept. The author critically analyses the EVM technique and its main metrics and introduces a new measure to indicate the adherence to the project plan, the P – Factor. It is a recommended reading for people already familiar with the EVM methodology, who wish to have an insight on Earned Schedule.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:39:52Z

Annotated Bibliography

← Older revision		Revision as of 20:39, 26 September 2016
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	:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.		:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.
	*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>		*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>
	:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development processes can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. This reading is particularly relevant for the ones who are already familiar with the Agile methods and interested in the possibility to integrate them with EVM ~~in the area of Software Development~~.		:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development processes can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. This reading is particularly relevant for the ones who are already familiar with the Agile methods and interested in the possibility to integrate them with EVM.
	* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>		* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>
	:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.		:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:39:34Z

Annotated Bibliography

← Older revision		Revision as of 20:39, 26 September 2016
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	:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.		:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.
	*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>		*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>
	:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development processes can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. It is ~~a reading~~ particularly relevant for who is already familiar with the Agile methods and interested in the possibility to integrate them with EVM.		:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development processes can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. This reading is particularly relevant for the ones who are already familiar with the Agile methods and interested in the possibility to integrate them with EVM in the area of Software Development.
	* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>		* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>
	:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.		:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:38:12Z

Annotated Bibliography

← Older revision		Revision as of 20:38, 26 September 2016
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	:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.		:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.
	*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>		*Tamara, Sulaiman and Hubert, Smits (2007). ''Measuring Integrated Progress on Agile Software Development Projects.'' Methods & Tools (on-line journal). <ref name="EVMsoftware"></ref>
	:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development ~~process~~ can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. It is a ~~recommended~~ reading for ~~anybody~~ interested in the ~~application of EVM to this particular area of Software development and in how~~ to ~~combine the Agile Methods~~ with EVM.		:: An article that discusses the application of Earned Value Management in Software Development. It contains a brief introduction to EVM as well as to the concept of Agility in software development. It then presents an adaptation of EVM, called AgileEVM, that is based on the Scrum framework but uses traditional EVM calculations. It is argued by the authors that software development processes can benefit from the use of AgileEVM because of its ability in providing an objective analysis easy to share within teams and with management and customers. It is a reading particularly relevant for who is already familiar with the Agile methods and interested in the possibility to integrate them with EVM.
	* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>		* Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 236-246.<ref name="HK"> Shu, Chen and Xueqing, Zhang (2012). ''An Analytic Review of Earned Value Management Studies in the Construction Industry.'' Construction Research Congress 2012 © ASCE 2012. Page 238 </ref>
	:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.		:: A paper that undertakes a review covering research in the EVM area. It introduces the background of EVM, including its vocabulary, performance and forecasting measures. The authors present the results of both empirical and non-empirical studies on the EVM application in construction projects and argue that EVM should be adjusted in every country to accommodate the existing project control techniques. It also provides a critical discussion on the advantages and disadvantages of EVM.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:34:02Z

Annotated Bibliography

← Older revision		Revision as of 20:34, 26 September 2016
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	:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. The author investigates the current and future trends in the use of EVM as well as the degree of maturity of the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.		:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. The author investigates the current and future trends in the use of EVM as well as the degree of maturity of the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.
	* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>		* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>
	:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other ~~sector~~. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.		:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other sectors. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.
	* Khamindi, Mohd. Faris, Ali, Waris and Idris, Arazi (2011). ''Application of Earned Value Management System on an Infrastructure Project: A Malaysian Case Study.'' International Conference on Management and Service Science IPEDR vol.8 IACSIT Press, Singapore. <ref name="EVMconstruction2"></ref>		* Khamindi, Mohd. Faris, Ali, Waris and Idris, Arazi (2011). ''Application of Earned Value Management System on an Infrastructure Project: A Malaysian Case Study.'' International Conference on Management and Service Science IPEDR vol.8 IACSIT Press, Singapore. <ref name="EVMconstruction2"></ref>
	:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.		:: An academic paper that provides a brief description of a real-case application of EVM in infrastructures: the construction project of a railway track in Malaysia. The authors go through the different steps of EVM starting from the contractor scope of work and the schedule charts and proceeding with the physical progress reports and the budgeted and actual cost reports. It gives a clear overview of how EVM could be used in practice for the schedule and cost control of construction projects.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:33:05Z

Annotated Bibliography

← Older revision		Revision as of 20:33, 26 September 2016
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	:: An article for the ones who are already familiar with EVM but desire to have an expanded view on its effective implementation and particularly on the use of the TCPI index. The author focuses on the importance of the TCPI in evaluating the realism of the related EAC and he also demonstrates that a TCPI value of 1.10 is a reasonable criterion for establishing when a project is no more recoverable.		:: An article for the ones who are already familiar with EVM but desire to have an expanded view on its effective implementation and particularly on the use of the TCPI index. The author focuses on the importance of the TCPI in evaluating the realism of the related EAC and he also demonstrates that a TCPI value of 1.10 is a reasonable criterion for establishing when a project is no more recoverable.
	* Song, Lingguang. ''A Global and Cross-Industry Perspective on EVM Practice & Future Trend.'' Construction Management Department. University if Houston. Retrieved from http://www.mycpm.org/wp-content/uploads/2012/01/RS-PS-16.pdf <ref name="Houston"></ref>		* Song, Lingguang. ''A Global and Cross-Industry Perspective on EVM Practice & Future Trend.'' Construction Management Department. University if Houston. Retrieved from http://www.mycpm.org/wp-content/uploads/2012/01/RS-PS-16.pdf <ref name="Houston"></ref>
	:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. The author investigates the current and future trends in the use of EVM as well as the degree of maturity if the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.		:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. The author investigates the current and future trends in the use of EVM as well as the degree of maturity of the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.
	* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>		* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>
	:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other sector. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.		:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other sector. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.

M vittoria: /* Annotated Bibliography */

2016-09-26T20:32:31Z

Annotated Bibliography

← Older revision		Revision as of 20:32, 26 September 2016
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	:: An article for the ones who are already familiar with EVM but desire to have an expanded view on its effective implementation and particularly on the use of the TCPI index. The author focuses on the importance of the TCPI in evaluating the realism of the related EAC and he also demonstrates that a TCPI value of 1.10 is a reasonable criterion for establishing when a project is no more recoverable.		:: An article for the ones who are already familiar with EVM but desire to have an expanded view on its effective implementation and particularly on the use of the TCPI index. The author focuses on the importance of the TCPI in evaluating the realism of the related EAC and he also demonstrates that a TCPI value of 1.10 is a reasonable criterion for establishing when a project is no more recoverable.
	* Song, Lingguang. ''A Global and Cross-Industry Perspective on EVM Practice & Future Trend.'' Construction Management Department. University if Houston. Retrieved from http://www.mycpm.org/wp-content/uploads/2012/01/RS-PS-16.pdf <ref name="Houston"></ref>		* Song, Lingguang. ''A Global and Cross-Industry Perspective on EVM Practice & Future Trend.'' Construction Management Department. University if Houston. Retrieved from http://www.mycpm.org/wp-content/uploads/2012/01/RS-PS-16.pdf <ref name="Houston"></ref>
	:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. ~~the~~ author investigates the current and future trends in the use of EVM as well as the degree of maturity if the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.		:: A slideshow from a Ph.D study in Construction Management from the University of Houston. It shows the results of a survey conducted in October 2008 in private and public organisations located in 61 countries around the world. It divides the EVM users according to the industry sector, the motivation to use EVM and the organisational role. The author investigates the current and future trends in the use of EVM as well as the degree of maturity if the EVM practices adopted by the users. It also assesses the main issues related to the implementation of this methodology together with the key factors for success.
	* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>		* Virle, Rajesh and Mhaske, Sumedh (2013) ''Application of Earned Value and Earned Schedule to Construction Project.'' International journal of Scientific Engineering and Research (IJSER). Volume 1 Issue 1. <ref name="EVMconstruction1"></ref>
	:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other sector. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.		:: A paper dedicated to how to apply Earned Value Management and Earned Schedule (an extension of EVM) in Construction Projects. The authors stresses the importance of EVM in providing project managers, executives and other stakeholders with the opportunity of visualizing the project’s status throughout its entire life. The article is useful not only for people interested in the application of EVM in construction projects but also in any other sector. In fact, it gives a brief and practical overview on the concept and application of EVM and Earned Schedule.