Optimization on Earned Value Method Combined with Critical Path

Qi-bin Zheng () and Xing Bi
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Qi-bin Zheng: Tianjin University
Xing Bi: Tianjin University

A chapter in Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013), 2014, pp 707-715 from Springer

Abstract: Abstract When calculating the schedule performance using the traditional earned value method, the earned value in the critical path and in the noncritical path is not differentiated. It cannot evaluate the progress of project objectively. In this paper, the schedule performance indicators are optimized through introducing the weight value, and schedule performance on the critical path is analyzed. The critical path issues in the evaluation of the progress of the project are solved, which will provide a basic point of reference for schedule measurement of project.

Keywords: Critical path; Earned value method; Optimization; Weight value (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40060-5_68

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DOI: 10.1007/978-3-642-40060-5_68

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