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Article Scheduling, Cost Management, Technical Skills, Earned Value Management February 2013

Project Management Journal

A Bayesian approach to improve estimate at completion in earned value management

By Caron, Franco | Ruggeri, Fabrizio | Merli, Alessandro Forecasting represents a core project management process. Estimates at completion in terms of cost and schedule provide essential data and advice to the project team to lead and control the project…
Article Cost Management, Estimating, Technical Skills April 2012

PM Network

Estimating on the go

By Fretty, Peter Regardless of industry, cost overruns are a common concern for project managers. The evolution of estimating software is helping to address the problem. This article discusses recent trends…
Article Scheduling, Cost Management, Technical Skills, Earned Value Management July 2001

PM Network

Earned value for the masses

By Fleming, Quentin W. | Koppelman, Joel M. More than one hundred years ago, industrial engineers first used earned value (EV) as a technique for determining the true cost of production work for large and complex projects. Through their…
Article Innovation, Complexity, Cost Management, Technical Skills December 1997

Project Management Journal

Improving multiproject management by using a queuing theory approach

By Levy, Nino | Globerson, Shlomo Managing a multiproject environment is not just a summation of management efforts required for single projects. It requires the use of additional insight and tools. This is especially true in…
Article Cost Management, Technical Skills December 1996

PM Network

The case for earned value

By Hatfield, Michael A. The concept of earned value has its critics but can be a useful tool for project managers if used properly. A superficial comparison of the budget with actual costs does not reveal how a project is…
Article Scheduling, Cost Management, Technical Skills December 1996

PM Network

What's the value of earned value?

By Singletary, Nancy This article discusses the earned value concept and traces its development since it was initially created as the PERT COST system in 1960 by the Polaris Special Project Office as a method for…
Article Scheduling, Cost Management, Technical Skills December 1996

PM Network

Earned value analysis

By Barr, Zeev Tom Ingram, in a article in the December 1995 issue of PM Network,presented a case study of how he brought a project under control using an earned value analysis. This article adds to Ingram's…
Article Cost Management, Technical Skills September 1995

PM Network

Monitoring performance against the baseline

By Fleming, Quentin W. | Koppelman, Joel M. How is your project doing? Focusing on exceptions to the baseline plan makes performance measurement more accurate.
Article Cost Management, Technical Skills May 1995

PM Network

Taking step four with earned value

By Fleming, Quentin W. | Koppelman, Joel M. A project baseline is needed in order to determine precisely how much of the planned work has been accomplished, as of any point in time, to compare with the actual costs to accomplish that work. A…
Article Cost Management, Technical Skills January 1995

PM Network

Taking step three with earned value

By Fleming, Quentin W. | Koppelman, Joel M. These three steps are required in order to employ the earned value concept on a new project. It is no different than the initial effort required to start any new project. They are simply basic…

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A Bayesian approach to improve estimate at completion in earned value management

Estimating on the go

Earned value for the masses

Improving multiproject management by using a queuing theory approach

The case for earned value

What's the value of earned value?

Earned value analysis

Monitoring performance against the baseline

Taking step four with earned value

Taking step three with earned value