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A Systematic Review Based on Earned Value Management and Quality

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Book cover 16th International Conference on Information Technology-New Generations (ITNG 2019)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 800))

Abstract

Currently the Project Management Institute (PMI) estimates that approximately 25% of the world’s Gross Domestic Product (GDP) is spent on projects of various kinds and that about 16.5 million professionals are directly involved in project management worldwide. This volume of projects and changes in the world scenario, increasingly competitive, generate the need for faster results, with higher quality, lower costs and shorter deadlines. Among the main techniques for analyzing cost, time and scope performance, the Earned Value Management (EVM) technique is considered to be the most reliable. Several formulas derived from EVM’s measurements are available and have been studied over the past 15 years. However, EVM has a significant limitation regarding quality in its method. The technique is effective in providing cost and schedule related information but is still weak in taking the quality factor into account. The main objective of this work is to contribute to studies that seek to add the quality component into EVM and comparing performance between them. This paper presents the results of a systematic review, providing a comprehensive summary of the main problems with the use of the EVM technique and the possible solutions found to improve its capacity to predict the impact of quality (possible bugs or nonconformities) in the course of a project’s life cycle.

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Author information

Authors and Affiliations

  1. Federal University of Itajubá, Itajubá, Minas Gerais, Brazil

    Christopher de Souza Lima Francisco & Adler Diniz de Souza

Authors
  1. Christopher de Souza Lima Francisco
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  2. Adler Diniz de Souza
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Corresponding author

Correspondence to Christopher de Souza Lima Francisco .

Editor information

Editors and Affiliations

  1. Department of Electrical and Computer Engineering, University of Nevada, Las Vegas, NV, USA

    Shahram Latifi

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de Souza Lima Francisco, C., de Souza, A.D. (2019). A Systematic Review Based on Earned Value Management and Quality. In: Latifi, S. (eds) 16th International Conference on Information Technology-New Generations (ITNG 2019). Advances in Intelligent Systems and Computing, vol 800. Springer, Cham. https://doi.org/10.1007/978-3-030-14070-0_20

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  • DOI: https://doi.org/10.1007/978-3-030-14070-0_20

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-14069-4

  • Online ISBN: 978-3-030-14070-0

  • eBook Packages: EngineeringEngineering (R0)

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