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Earned Value Management.Case Study Using Microsoft Project

Author

Listed:
  • Assoc. Prof. Anca Mehedintu Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Prof. Cerasela Pirvu Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Cristian Etegan Ph. D. Student

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

Abstract

A formalism and a corresponding notation for earned value analysis are presented. With compact, consistent, mnemonic notation, earned value calculations become more transparent and flexible, leading to insights about standard quantities and advances through new measures. As an example of the notation’s utility, it is used to generate a modified earned value approach that weights quantities according to their position in a project’s timeline.

Suggested Citation

  • Assoc. Prof. Anca Mehedintu Ph. D & Prof. Cerasela Pirvu Ph. D & Cristian Etegan Ph. D. Student, 2010. "Earned Value Management.Case Study Using Microsoft Project," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(38), pages 1-12, May.
  • Handle: RePEc:aio:aucsse:v:2:y:2010:i:12:p:396-407
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    File URL: http://feaa.ucv.ro/AUCSSE/0038v2-046.pdf
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    More about this item

    Keywords

    earned value; managing projects; progress; cost; cash flow management;

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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