Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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A Study on the Comparison and Application of the Methods of Measuring Projects'Progress

프로젝트 진도 측정 방법의 비교와 적용에 관한 연구

  • Min, Taek-Kee (Department of Business Administration, Soongsil University) ;
  • Song, Chang Yong (Department of Industrial Engineering, Halla University)
  • 민택기 (숭실대학교 경영학부) ;
  • 송창용 (한라대학교 산업경영공학과)
  • Received : 2013.08.19
  • Accepted : 2013.08.30
  • Published : 2013.09.30
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Abstract

The progress that becomes a basis for measuring the outcome of project is a core of project control. Follow-up corrective actions are determined depending on the degree of their differences. The methods of measuring the project progress have been developed though a variety of research and many were verified through the cases. Among such methods, this study selected Start/Finish method and Fixed Formula method. In order to check the limitations of the progress utilized in the two methods, the study compared their progresses to the progress of Percentage Complete method and analyzed the differences shown in their actual applications. Through this, it suggested the forms and scale of the projects appropriate to the application of Fixed Formula method. As for the research progress method, the study first generated a number of virtual project schedules for the establishment of an analysis model. These project schedules were varied in a way that they had different project periods and the number of different activities. The study also generated numerous project schedules for difference test. After establishing a virtual schedule plan by the scale of projects, it measured their progresses by period, analyzed the differences and repeated this procedure to obtain the results.

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References

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