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Conference Paper Complexity, Cost Management, Estimating 10 October 2015
Applying neural networks and analogous estimating to determine the project budget
By Vargas, Ricardo Viana At times, some problems and challenges in the project environment are too complex with too many variables to allow for the use of a traditional computer algorithm to calculate the project's results.…
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Conference Paper Cost Management 10 October 2015
Earned Value Management: Not Just for Government Contracting Anymore
By Bergerud, Christen Earned value management (EVM) is often regarded as a burden rather than a benefit, largely because it is associated with the stringent and detailed ANSI/EIA-748 standard. Yet many organizations have…
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Conference Paper Risk Management, Cost Management 11 May 2015
The special challenges of project management under fixed-price contracts
By Lowden, George | Thornton, John Performing a project under a fixed-price contract is more risky than other projects. Fortunately, many of the risks inherent in managing a fixed-price project can be mitigated during the development…
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Conference Paper Risk Management, Cost Management 11 May 2015
Stop reacting, it's too late! Start to anticipate!
By Lazar, Olivier Project management is an activity of anticipation, not reaction. If you ever have to react, it means that the problem has already occurred -- that you're already out of budget, timeline, and scope.…
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Conference Paper Program Management, Portfolio Management, Cost Management, Aerospace & Defense 29 October 2013
Developing the Apache helicopter
By Garfein, Steve This paper traces the transition of the Hughes Helicopter Company during the 1970s from a technically excellent company with a history of poor management to one that continued being technically…
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Conference Paper Cost Management 24 April 2013
Integration of income management and cost management
By Masudifar, Puian | Fardad, Fereydoun Many project-based companies earn their profit out of their invoices, which can be named as their income of project execution. Generally, this income is earned during the execution of project…
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Conference Paper Scheduling, Decision Making, Risk Management, Strategy, Cost Management 23 October 2012
Project risk analysis to support strategic and project management
By El-Mehalawi, Mohamed E. Successful project cost and schedule risk management is always capable of informing project management of "where the project is" and "where the project is going" in the future. Current project…
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Conference Paper Cost Management 23 October 2012
The top 10 challenges to effective cost controls
By Bergerud, Christen Today, businesses and government agencies alike are demanding greater visibility into project and program performance. With tighter budgets than in days past, stakeholders need confidence that funds…
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Conference Paper Quality Management, Cost Management, Earned Value Management 23 October 2012
EVM--a disciplined approach to project management
By Terrell, Michael S. | Singleton, Cindy J. Earned value management (EVM) is a system of project controls based on a structured approach to planning, cost control, and schedule performance measurement. EVM is not the objective of project…
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Conference Paper Quality Management, Benefits Realization, Cost Management, Technical Skills 23 October 2012
How to make earned value work on your project
By Lukas, Joseph A. Earned value analysis (EVA) appears to be a compelling technique to use on projects to better understand and manage performance. Companies embracing earned value prepare procedures and may provide…
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