• Journal of Information Technology Services
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• v.7 no.3
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• pp.129-144
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• 2008

The uncertainty of software projects makes a big gap between the initial schedule/expense and the final one. Moreover, it is difficult for a project manager to reschedule and re-budget for reflecting the effects of changes in the software development. In this paper, we suggest EVM (Earned Value Management) to control the schedule and the expenses of an on-going software development project. In order to apply EVM to a software project, we consider turnkey contracts and propose the way to calculate the earned value for the software development. Finally, we illustrate our method with the case of N-company. We expect our EVM help to analyze and to predict the final schedule and the expense of a software development project.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.362-365
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• 2004

This study suggests an attribute code system for earned value management system (EVMS). The attribute code system can be used for integrating various EYM data from construction schedule and cost. If the suggested attribute code is used in EVM, sorting and typical classifying of EVM data is possible in the computerized system. Those functions are an effective management tool for construction manager comparing with other EVM tools.

• Journal of the Korea Safety Management & Science
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• v.19 no.4
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• pp.291-299
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• 2017

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.

• Journal of the Korea Institute of Military Science and Technology
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• v.21 no.3
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• pp.396-402
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• 2018

Earned Value Management(EVM) has been used to manage and forecast defense project schedule and cost over the last two decades in the world. However to support the lacking ability of schedule analysis in traditional EVM, earned schedule(ES) has been introduced as a tool to more accurately estimate schedule performance. This paper compares which method EVM or ES, provides more accurate schedule predictors in 32 Korean defense research and development projects. As a result of comparison, the ES method can predict the future schedule more reliably than the EVM method. We also analyze early warning function of schedule performance index considering project duration extension point. Through the analysis results, we confirm that both the EVM and the ES method lack the ability of the early warning in terms of the current schedule management criterion.

• Journal of the Korea Institute of Military Science and Technology
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• v.10 no.3
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• pp.100-108
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• 2007

The purpose of the research is to propose an integrated project planning process and its implementation method. Although there is increasing interest in the application of the Earned Value Management(EVM) method in the project management area, the progress and maturity of the technical performance have not been included in assessing the Earned Value. The main concept of the planning process is to use cost, schedule, as well as the technical performance in the assessment of the Earned Value Management for Military R&D project management practices. The resulting process can enhance the efficiency of the project work by eliminating the currently duplicated activities between traditional project planning process and the newly implemented Earned Value Management process and by shortening the early planning process duration of projects adopting EVM practices.

• 한국IT서비스학회:학술대회논문집
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• 2008.05a
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• pp.260-265
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• 2008

소프트웨어 개발 프로젝트 초기단계에 수립한 일정 및 비용 등의 계획은 수행 중 발생하는 많은 불확실성을 반영하고 있지 않기 때문에 진행되고 있는 프로젝트는 초기에 계획한 일정과 비용에 많은 차이를 보이는 경우가 발생한다. 이에 따라 본 연구에서는 진행 중인 소프트웨어 개발 프로젝트의 상황을 분석하고 예측할 수 있는 방법으로 일정과 비용을 통합 관리할 수 있는 획득가치관리(EVM: Earned Value Management)를 활용하는 방안을 제시하였다. 획득가치관리(EVM)을 적용하기 위해 일정과 비용의 통합관리하기 위해 예상되는 투입 인력과 비용 등을 감안하여 작업분할 구조(WBS)와 연계하여 계획을 수립하고 측정하는 방법을 구축 중인 프로젝트의 사례를 통하여 적용 방안을 제시하였다. 사례 분석한 각각의 프로젝트 진행 단계에 따라 예측한 값이 실제 계획 대비 일정과 비용에 대한 예측 오차 변화 추이를 분석하였으며, 향후 진행되는 프로젝트의 일정 및 비용 등의 계획을 체계적으로 수립하고, 진행되는 프로젝트의 일정 및 비용 등에 대해 분석하고 예측하는데 활용할 수 있도록 연구하였다.

• Proceedings of the Korea Information Processing Society Conference
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• 2011.04a
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• pp.1352-1355
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• 2011

Earned value management(EVM)는 프로젝트 진행 상태를 파악하기 위해 주로 비용과 일정 편차, 성과지표를 통합하여 분석하는 것으로 비용/원가 관리를 위해 발전되어 사용되어 왔다. 그러나 최근에는 경영환경 변화에 따라 불확실성이 증가하여 프로젝트 전체 일정의 예측에 대한 성과지표로 사용되고 있다. 본 연구에서, 비용관점에서 분석된 earned value management의 성과 지표와 시간관점에서 분석된 earned schedule의 성과 지표를 비교하여 차이점을 도출하고 비용관점에서의 지표가 프로젝트 전체 일정을 예측하는 것에서는 신뢰성이 떨어지는 현상을 발견하였다. 향후 본 연구를 통해 프로젝트 비용관리와 더불어 earned schedule의 성과 지표를 이용한 일정 예측을 통해 성공적인 프로젝트 수행에 도움이 되도록 하고자 한다.

• Journal of Internet Computing and Services
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• v.9 no.6
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• pp.155-163
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• 2008

Project Monitoring and Control is one of the required activities in project management. This activity provides the information about whether a project is making a progress as it is planned. It is usually performed in weekly meetings or milestone meetings where the project manager checks the project's current status based on project measures such as schedule, cost and work performance. One of the popular method for project monitoring and control is EVM(Earned Value Management). The major characteristic of EVM is that it uses only one measure 'cost' for schedule and work performance so that it enables 2 independent graphs to be illustrated in one integrated graph based on cost. For applying EVM to a project, it is essential to break whole work to work packages and to assign value of cost to each work package at the initial stage of the project. Therefore EVM is well matched with the lifecycle which requires whole plan at the beginning of project. However, in XP(eXtreme Programming), whole customer requirements are difficult to define and to make a complete plan at the beginning and are more detailed in each Iteration. Therefore EVM is not comfortable method for XP. Therefore in this research we suggest 3 layer EVM which can be applied in XP, and develop a process guidelines based on CMMI(Capability Maturity Model Integration) PMC(Project Monitoring and Control) process area.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.405-410
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• 2002

Earned Value Management System(EVMS) has been institutionalized as an advanced management technique of construction project lately. And its research has been in the active progress in order to utilize the earned value concept as a project management tool for construction project ordered by both government and private sector. However it is necessary to test and prove the EVMS's adaptability to our construction environment by EVMS's several of operations before its introduction. Project forecasting phase of EVMS is the Estimate at Completion by utilizing earned value data. So, the purpose of this study is to propose EAC evaluation method for evaluation the accuracy of the EAC and encouraging cost realism, and to test for proving the validity of the evaluation methods through hypothesis testing.

• Journal of the Korean Society of Systems Engineering
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• v.11 no.2
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• pp.51-59
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• 2015

It is generally recommended to use EVM as an efficient means for measuring project performance and progress so that the EVMS user could manage his project successfully. In spite of it's favorable intention, most project participants think it as a heavy load or a sub practiced job with low responsibility. Even though there are lots of variables triggering unpredictable troubles in EVM application, EVM still could be a valuable project health indicator. In this paper we introduce a performing method for EVM based on system engineering process.