List of Articles Earned value

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  1 - Estimation of Project Performance Using Earned Value Management and Fuzzy Regression
  Mohammad Mahdi Asgari Dehabadi Mostafa Salari Ali Reza Mirzaei
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  2 - An improvement in the prediction of project performance by integrated approach of fuzzy earned value and risk analysis
  Mojtaba Farrokh
  10.30495/imj.2023.1974732.1815
  This paper proposes an integrated approach of the earned value management and the risk management for predicting of project performance including cost and duration of estimate at completion. In spite of the abilities of earned value management technique in estimating th More

  This paper proposes an integrated approach of the earned value management and the risk management for predicting of project performance including cost and duration of estimate at completion. In spite of the abilities of earned value management technique in estimating the project future performance merely based on its past, it cannot consider the environmental change or other elements which effect on the future performance of the project. Unlike the earned value management, the risk management technique looks to the farther horizons and deals with the evaluation of the project performance by recognizing the failure modes. In this paper we intend to present the future performance index in combination with the earned value management current indices for better prediction of the projects’ future performance. These indices are determined under real-life and uncertain conditions using the fuzzy approach. In the end, the performance of the proposed method is evaluated by a numerical example. The results show that the consideration of the risk evaluation index improves the prediction of cost and time of projects' completion in the value management model. Manuscript profile
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  3 - A New Version of Earned Value Analysis for Mega Projects Under Interval-valued Fuzzy Environment
  N Moradi Seyed Meysam Mousavi Behnam Vahdani
  10.22094/joie.2016.267
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  4 - Project Efficiency Estimation Based on Dynamic Simulation Model of Earned Value Management
  Mojtaba Bakhshandeh Yahya Zare Mehrjerdi
  10.30495/qjopm.2022.1937137.3200
  Earned Value Management (EVM) is known as an efficient and well-known tool for project management. Examining various sources, it was observed that although the EVM analytical model has introduced good indicators for measuring project progress, it is weak in estimating t More

  Earned Value Management (EVM) is known as an efficient and well-known tool for project management. Examining various sources, it was observed that although the EVM analytical model has introduced good indicators for measuring project progress, it is weak in estimating the final cost of the project and does not predict the process of cost change and project efficiency. On the other hand, nothing has been done so far to use system dynamics in EVM.Therefore, considering the capacity of system dynamics in modeling complex systems and setting parameters dynamically based on model variables, the main problem of modeling research is the value model obtained by simulating system dynamics. The dynamic hypothesis of the research was that there are dynamics between the main indicators of EVM. Identifying these dynamics and the way they affect each other can lead to estimating the process of changing costs and project efficiency by the end of the project.Through presenting the causal loop diagram and the stack flow diagram of the proposed model, the variables were determined and after simulation, the model was validated by performing various tests and different policy scenarios were presented.The comparison of the results of the research simulation model with the results of the EVM analytical model revealed that there is a slight difference between the results and the efficiency. The main contribution of the research is the creation of a simulation model based on system dynamics as the core of the simulation to estimate the trend and the final amount of efficiency and cost of the project, which can be part of a more comprehensive simulation model.This can be used to determine the impact of various project management functions on improving project efficiency, which is the main suggestion for further research. Manuscript profile