Improving project control by combining earned value analysis and automatic data collection
Tutkimustuotos ›
Yksityiskohdat
| Alkuperäiskieli | Englanti |
|---|---|
| Otsikko | International Research Network in Organizing by Projects Conference 2015 |
| Alaotsikko | IRNOP |
| Julkaisupaikka | London, U.K. |
| Sivut | 1 |
| Sivumäärä | 17 |
| Tila | Julkaistu - 2015 |
| OKM-julkaisutyyppi | D3 Artikkeli ammatillisessa konferenssijulkaisussa |
| Tapahtuma | INTERNATIONAL RESEARCH NETWORK IN ORGANIZING BY PROJECTS RESEARCH CONFERENCE - Kesto: 1 tammikuuta 1900 → … |
Conference
| Conference | INTERNATIONAL RESEARCH NETWORK IN ORGANIZING BY PROJECTS RESEARCH CONFERENCE |
|---|---|
| Ajanjakso | 1/01/00 → … |
Tiivistelmä
Efficient control is critical for project success. One of the most widely discussed project control methods is
earned value analysis (EVM). The accuracy of EVM calculations can be improved by combining it with
automatic data collection (ADC). This paper analyzes the possibilities of combining EVM and ADC, and the
main benefits and challenges related to that. A literature review was conducted to answer these questions.
The study demonstrates how the problems related to the evaluation of activity progress have received
surprisingly little research focus, and how ADC could be utilized to improve this area of EVM. The benefits
of ADC are also not limited to just EVM; despite the choice of a project control methodology, ADC can be
utilized to evaluate project progress in a continuous and more accurate way. Finally, it is demonstrated
how even the “ADC-enhanced EVM” doesn’t provide an adequate image of project status alone; EVM has
to be combined with other project control methodologies. Based on the literature review, several areas for
further research are also proposed.