• Login
    View Item 
    •   Shocker Open Access Repository Home
    • Engineering
    • Industrial, Systems, and Manufacturing Engineering
    • Journal of Management and Engineering Integration
    • Volume 12 (2019)
    • Journal of Management and Engineering Integration, v.12 no.1
    • View Item
    •   Shocker Open Access Repository Home
    • Engineering
    • Industrial, Systems, and Manufacturing Engineering
    • Journal of Management and Engineering Integration
    • Volume 12 (2019)
    • Journal of Management and Engineering Integration, v.12 no.1
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Review of earned value management (EVM) methodology, its limitations, and applicable extensions.

    View/Open
    article (1.011Mb)
    Date
    2019-06
    Author
    Nizam, Anisulrahman
    Elshannaway, Ahmad
    Metadata
    Show full item record
    Citation
    Nizam, A., & Elshannaway, A. (2019). Review of earned value management (EVM) methodology, its limitations, and applicable extensions. Journal of Management & Engineering Integration, 12(1), 59-70.
    Abstract
    Department of Defense (DoD) Instruction 5000.02 requires an Earned Value Management System (EVMS) compliant with ANSI/EIA-748 for all DoD cost or incentive contracts valued at or greater than $20M. Earned Value Management (EVM) integrates cost, schedule, and time to draw conclusions about current project status as well as make projections for future project status. Though EVM has been widely adopted on many projects, there are clear limitations indicated in the literature which ultimately inhibit the ability of EVM to become universally accepted as a best practice across all industries. In response, researchers have developed extensions such as Earned Schedule Management (ESM), Earned Duration Management (EDM), and Customer Earned Value (CEV). This paper addresses the evolution, limitations, and new extensions of EVM.
    Description
    Published in SOAR: Shocker Open Access Repository by Wichita State University Libraries Technical Services, November 2022.
    URI
    https://soar.wichita.edu/handle/10057/24251
    Collections
    • Journal of Management and Engineering Integration, v.12 no.1

    Browse

    All of Shocker Open Access RepositoryCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsBy TypeThis CollectionBy Issue DateAuthorsTitlesSubjectsBy Type

    My Account

    LoginRegister

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    DSpace software copyright © 2002-2023  DuraSpace
    DSpace Express is a service operated by 
    Atmire NV