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Effects of the information presentation format on project control

Author

Listed:
  • Ö Hazır

    (Cankaya University)

  • A Shtub

    (Israel Institute of Technology)

Abstract

In this paper, we investigate the relationship between the information presentation format and project control. Furthermore, the effects of some system conditions, namely the number of projects to be controlled and the level of time pressure, on the quality of the project control decisions are analyzed. Information provided by Earned Value Analysis is used to monitor and control projects, and simulation is applied to replicate and model the uncertain project environments. Software is developed to generate random cost figures, to present the data in different visual forms and to collect users’ responses. Having performed the experiments, the statistical significance of the results is tested.

Suggested Citation

  • Ö Hazır & A Shtub, 2011. "Effects of the information presentation format on project control," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(12), pages 2157-2161, December.
    • Handle: RePEc:pal:jorsoc:v:62:y:2011:i:12:d:10.1057_jors.2011.11
    DOI: 10.1057/jors.2011.11
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    References listed on IDEAS

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    1. M Vanhoucke & S Vandevoorde, 2007. "A simulation and evaluation of earned value metrics to forecast the project duration," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(10), pages 1361-1374, October.
    2. Raz, Tzvi & Erel, Erdal, 2000. "Optimal timing of project control points," European Journal of Operational Research, Elsevier, vol. 127(2), pages 252-261, December.
    3. Vanhoucke, Mario, 2011. "On the dynamic use of project performance and schedule risk information during projecttracking," Omega, Elsevier, vol. 39(4), pages 416-426, August.
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    Cited by:

    1. Klaus Werner Schmidt & Öncü Hazır, 2019. "Formulation and solution of an optimal control problem for industrial project control," Annals of Operations Research, Springer, vol. 280(1), pages 337-350, September.
    2. Krishnaswamy N. & Selvarasu A., 2016. "Exploring interrelationship between three performance indicators with PMI’s Nine Knowledge Areas for successful Project Management," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 6(3), pages 1162-1162.

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