Estimating construction project duration and costs upon completion using Monte Carlo simulations and improved earned value management
J Deng, W Jian - Buildings, 2022 - mdpi.com
Earned value management (EVM) is widely used when monitoring and estimating
operations related to construction projects. As the scope and complexity of construction …
operations related to construction projects. As the scope and complexity of construction …
Influence of cost contingency management on project estimates at completion
Abstract The Earned Value Management (EVM) methodology provides an index-based
Estimate at Completion (EAC) formula to forecast the final cost of an ongoing project …
Estimate at Completion (EAC) formula to forecast the final cost of an ongoing project …
A game-based learning method to teach project management–the case of the earned value management
E Jääskä, J Kujala, K Aaltonen - Cogent Education, 2023 - Taylor & Francis
The earned value management (EVM) is a project management method for monitoring and
controlling project expenditure and progress. Teaching EVM is challenging as the method …
controlling project expenditure and progress. Teaching EVM is challenging as the method …
Correlation of Construction Performance Indicators and Project Success in a Portfolio of Building Projects
JP Cleary, AJ Lamanna - Buildings, 2022 - mdpi.com
Construction management is a highly competitive project-based field of complex specialized
services, creating or altering the built environment for a client. For construction projects to be …
services, creating or altering the built environment for a client. For construction projects to be …
Comparison of the Stability and Accuracy of Deterministic Project Cost Prediction Methods in Earned Value Management
A Barrientos-Orellana, P Ballesteros-Pérez… - Buildings, 2023 - mdpi.com
Completing a project on time and on budget are essential factors for the success of any
project. One technique that allows predicting the final cost of a project is earned value …
project. One technique that allows predicting the final cost of a project is earned value …
Novel Probabilistic Approach for Quantification of Cost‐Overruns Risk and Determination of Primary Causes
T Liu, S Zhang, X Wang - Mathematical Problems in …, 2024 - Wiley Online Library
Cost management is a crucial component of construction project management, which
assumes an increasingly critical role in modern large‐scale projects. Ideally, cost …
assumes an increasingly critical role in modern large‐scale projects. Ideally, cost …
Infrastructure adequacy for electricity trading in East Africa
ME Rubanda, L Senyonga, M Ngoma, MS Adaramola - Iscience, 2024 - cell.com
A well-designed and managed electricity supply infrastructure system is essential for
integrated energy market. This paper tracks progress on infrastructure for electricity trading …
integrated energy market. This paper tracks progress on infrastructure for electricity trading …
Project cost forecasting based on earned value management and Markov chain
M Damavandi, M Tavakoli, F Jolai - Annals of Operations Research, 2024 - Springer
The most issue in project management is estimating the required budget for the project.
Today, despite all the progress and relative achievement of forecasting models, project …
Today, despite all the progress and relative achievement of forecasting models, project …
Project characteristic-based performance prediction model for school constructions: hierarchical regression approach
G Kazar, M Kucuk - Revista de la Construcción. Journal of Construction, 2024 - redae.uc.cl
Project underperformance remains a significant concern in the construction industry. The
majority of prior studies have focused on identifying the subjective factors that affect project …
majority of prior studies have focused on identifying the subjective factors that affect project …
The importance of criteria used in performance measurement systems in Czech construction companies
A growing number of Czech construction companies now recognise the importance of
supplementing traditional financial measurements with a wider range of non-financial …
supplementing traditional financial measurements with a wider range of non-financial …