IJIMT 2019 Vol.10(1): 15-20 ISSN: 2010-0248
doi: 10.18178/ijimt.2019.10.1.829

Review of Available Schedule Management Approaches

Tzu-Hua Lai and Jyh-Bin Yang
Abstract— Schedule management is important when conducting a project because poor schedule management might increase the cost and sometimes decrease the quality of the project. Since there are lots of distinct means of schedule management, this paper only focuses on earned value management (EVM)-based method and its extensions. The superiority of EVM is that it combines the concepts of scope, quality and cost. Also, it can forecast final duration and monitors the performance of a project along its progress. As construction projects become more complicated, EVM turns out to stand out over other methods. EVM methods have been tested and simulated in many literatures. However, a user still encounters the problem of selecting suitable methods. The purpose of this article is to review EVM-related methods and to summarize basic principles for selection. The research results could be a guide for EVM-related methods selection and the basis for future research.

Index Terms— Earned duration, earned schedule, reference class forecasting, XSM.

Tzu-Hua Lai and Jyh-Bin Yang are with the Graduate Institute of Construction Engineering and Management, National Central University, Taiwan (e-mail: toad60345@gmail.com, jyhbin@ncu.edu.tw).

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Cite: Tzu-Hua Lai and Jyh-Bin Yang, " Review of Available Schedule Management Approaches," International Journal of Innovation, Management and Technology vol. 10, no. 1, pp. 15-20, 2019.

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