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    An empirical validation of the performance of project control tolerance limits

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    Publication type
    Journal article with impact factor
    Author
    Martens, Annelies
    Vanhoucke, Mario
    Publication Year
    2018
    Journal
    Automation in Construction
    Publication Volume
    89
    Publication Issue
    May
    Publication Begin page
    71
    Publication End page
    85
    
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    Abstract
    The goal of project control is monitoring the project progress during project execution to detect potential problems and taking corrective actions when necessary. Tolerance limits are a tool to assess whether the project progress is acceptable or not, and generate warnings signals that act as triggers for corrective action to the project manager. In this paper, three distinct types of tolerance limits that have been proposed in literature are validated on a large and diverse set of real-life projects mainly situated in the construction sector. Moreover, a novel approach to construct tolerance limits that integrate the project risk information into the monitoring process is introduced. The results of the empirical experiment have shown that integrating project-specific information into the construction of the tolerance limits results in a higher efficiency of the monitoring process. More specifically, while including cost information increases the efficiency only marginally, incorporating the available resource information substantially improves the efficiency of the monitoring process. Furthermore, when projects are not restricted by scarce resources, the efficiency can be enhanced by integrating the available project risk information.
    Keyword
    Project Management, Schedule Control, Earned Value Management, Empirical Data
    Knowledge Domain/Industry
    Operations & Supply Chain Management
    DOI
    10.1016/j.autcon.2018.01.002
    URI
    http://hdl.handle.net/20.500.12127/5940
    ae974a485f413a2113503eed53cd6c53
    10.1016/j.autcon.2018.01.002
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