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http://dx.doi.org/10.12812/ksms.2017.19.4.291

Development of Synchro-EVM System Integrating TOC-CPM and EVM  

Lee, Do-Hern (Department of Industrial Engineering, University of Ulsan)
Jang, Gil-Sang (Department of Management Information Systems, University of Ulsan)
Publication Information
Journal of the Korea Safety Management & Science / v.19, no.4, 2017 , pp. 291-299 More about this Journal
Abstract
Recently, many business and government organizations have benefitted by executing projects using TOC-CCPM(Theory of Constraints-Critical Chain Project Management). In parallel, Earned Value Management(EVM) metrics have also become popular. Many organizations like US government requires that all large projects measure and report project progress status using EVM. Thus, project management in business fields such as plant construction, IT development, ship building need to integrate TOC-CCPM and EVM in oder to keep and reduce the delivery date of projects for improvement of customer satisfaction and enlargement of business opportunity. This paper proposes the scheme and case of developing the Synchro-EVM system which TOC-CCPM and EVM are connected.
Keywords
Project Management; TOC(Theory of Constraints); CCPM(Critical Chain Project Management); EVM(Earned Value Management);
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