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Practical Experiences of Cost/Schedule Measure Through Earned Value Management and Statistical Process Control

  • Qing Wang
  • Nan Jiang
  • Lang Gou
  • Meiru Che
  • Ronghui Zhang
Part of the Lecture Notes in Computer Science book series (LNCS, volume 3966)

Abstract

Cost and schedule measures are the most important support activities for the success of a project; it provides the basis for process improvement and project management. This paper reports practical experiences on using EVM (Earned Value Management) and SPC(Statistical Process Control) in cost/ schedule measure. The analysis of experience data indicates the distributions of CPI(Cost Performance Index) and SPI(Schedule Performance Index) index are generally following the normal distribution. And consequently, it is reasonable and effective to employ SPC in EVM.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2006

Authors and Affiliations

  • Qing Wang
    • 1
  • Nan Jiang
    • 1
    • 2
  • Lang Gou
    • 1
    • 2
  • Meiru Che
    • 1
    • 2
  • Ronghui Zhang
    • 1
    • 2
  1. 1.Laboratory for Internet Software Technologies, Institute of SoftwareThe Chinese Academy of SciencesBeijingChina
  2. 2.Graduate University of Chinese Academy of SciencesBeijingChina

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