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

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Part of the book series: Lecture Notes in Computer Science ((LNPSE,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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© 2006 Springer-Verlag Berlin Heidelberg

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Wang, Q., Jiang, N., Gou, L., Che, M., Zhang, R. (2006). Practical Experiences of Cost/Schedule Measure Through Earned Value Management and Statistical Process Control. In: Wang, Q., Pfahl, D., Raffo, D.M., Wernick, P. (eds) Software Process Change. SPW 2006. Lecture Notes in Computer Science, vol 3966. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11754305_38

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  • DOI: https://doi.org/10.1007/11754305_38

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-34199-4

  • Online ISBN: 978-3-540-34201-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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