Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/58801
Citations | ||
Scopus | Web of ScienceĀ® | Altmetric |
---|---|---|
?
|
?
|
Type: | Journal article |
Title: | New approaches in project performance evaluation techniques |
Author: | Bower, D. Finegan, A. |
Citation: | International Journal of Managing Projects in Business, 2009; 2(3):435-444 |
Publisher: | Emerald Group |
Issue Date: | 2009 |
ISSN: | 1753-8378 |
Organisation: | Entrepreneurship, Commercialisation and Innovation Centre |
Statement of Responsibility: | Douglas C. Bower and Andrew D. Finegan |
Abstract: | Purpose: The purpose of this paper is to describe a Doctor of Project Management research study including summary of the literature review, the application of the combination of case study, survey and theory building research methodologies, key research findings and potential areas for future research. Design/methodology/approach: The research investigates the reasons for the limited adoption of earned value management (EVM) as a project performance evaluation technique. It proposes new extensions to this technique that will be beneficial to project management practitioners. The multifaceted research approach incorporates the following elements: a review of previous and current literature on EVM; a survey of project management practitioners on their practices and attitudes towards EVM; analysis of the known challenges of the EVM technique; development of techniques to address and resolve the EVM challenges; consolidation of those techniques into a single framework and implementation model; and validation of that framework and model through multiple methods. Findings: The research confirms that EVM can be greatly enhanced and simplified though three key initiatives: include the cost assurance (i.e. risk transfer) provided by procurement contracts; measure project achievement and progress on the completion of each phase, rather than monthly; and combine the above into a simplified, single model. Originality/value: This paper provides practitioners with an insight into how EVM can be enhanced and applied in project management organisations. In particular, the integrated PAVA technique should be particularly useful to projects using the rolling wave approach, as its recognition of phases provides a framework for short- and long-term planning. |
Keywords: | Project management Project evaluation |
Rights: | Copyright Emerald Group Publishing Limited |
DOI: | 10.1108/17538370910971072 |
Published version: | http://dx.doi.org/10.1108/17538370910971072 |
Appears in Collections: | Aurora harvest 5 Entrepreneurship, Commercialisation, and Innovation Centre publications |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.