• Login
    View Item 
    •   Vlerick Repository Home
    • Research Output
    • Articles
    • View Item
    •   Vlerick Repository Home
    • Research Output
    • Articles
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Vlerick RepositoryCommunities & CollectionsPublication DateAuthorsTitlesSubjectsKnowledge Domain/IndustryThis CollectionPublication DateAuthorsTitlesSubjectsKnowledge Domain/Industry

    My Account

    LoginRegister

    Contact & Info

    ContactVlerick Journal ListOpen AccessVlerick Business School

    Statistics

    Display statistics

    A buffer control method for top-down project control

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    Publisher version
    View Source
    Access full-text PDFOpen Access
    View Source
    Check access options
    Check access options
    Publication type
    Vlerick strategic journal article
    Author
    Martens, Annelies
    Vanhoucke, Mario
    Publication Year
    2017
    Journal
    European Journal of Operational Research
    Publication Volume
    262
    Publication Issue
    1
    Publication Begin page
    274
    Publication End page
    286
    
    Metadata
    Show full item record
    Abstract
    Timely completion of projects is an important factor for project success. However, projects often exceed their predefined deadline, which results in a late project delivery and an increase in the total project cost. In order to increase the probability of timely completion, a project buffer can be planned at the end of a project. During project execution, an assessment of the total buffer consumption at the project completion date can be made in order to periodically monitor the project progress. When the expected buffer consumption is higher than 100%, the project deadline is expected to be exceeded and the project manager should take corrective actions to get the project back on track. In this paper, a new buffer monitoring approach is introduced, which sets tolerance limits for Earned Value Management/Earned Schedule (EVM/ES) schedule performance metrics by allocating the project buffer over the different project phases. The purpose of these tolerance limits is to provide the project manager with accurate and reliable information on the expected project outcome during the project execution. A computational study is carried out to assess the performance of the proposed approach and to compare its performance with traditional buffer consumption monitoring procedures. Additionally, existing performance metrics for tolerance limits have been put into a hypothesis testing framework, and new metrics have been developed in order to fill the detected gaps in performance measurement. Results have shown that the proposed tolerance limits improve the performance of the monitoring phase, especially for parallel projects. Consequently, the underperformance of EVM/ES for parallel projects is mitigated by these limits.
    Keyword
    Project Management, Schedule Control, Earned Value Management, Simulation, Project Buffer
    Knowledge Domain/Industry
    Operations & Supply Chain Management
    DOI
    10.1016/j.ejor.2017.03.034
    URI
    http://hdl.handle.net/20.500.12127/5778
    ae974a485f413a2113503eed53cd6c53
    10.1016/j.ejor.2017.03.034
    Scopus Count
    Collections
    Articles

    entitlement

     
    DSpace software (copyright © 2002 - 2022)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.