• Title/Summary/Keyword: Earned value

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Development of Synchro-EVM System Integrating TOC-CPM and EVM (TOC-CCPM과 EVM을 통합한 Synchro-EVM 시스템 개발 연구)

  • Lee, Do-Hern;Jang, Gil-Sang
    • 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.

Research on cost control and scheduling using EVM(Earned Value Management) of ERP(Enterprise Resource Planning) Project (ERP 프로젝트에서 EVM을 활용한 일정 및 원가통제에 관한 연구)

  • Park, Soon-Bong;Lee, Seouk-Joo;In, Hoh
    • Proceedings of the Korea Information Processing Society Conference
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    • 2012.04a
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    • pp.1147-1150
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    • 2012
  • 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. ERP 프로젝트는 국내 솔루션 시장의 가장 높은 점유율을 차지하고 있지만, 수행에 대한 성과평가 및 일정예측 가능한 신뢰성 있는 Tool 은 알려지지 않고 있다. 본 연구에서는 ERP 프로젝트의 EVM 성과지표를 분석을 통해 ERP 프로젝트가 원가측면의 계획대비 수행 적합성이 높으며, 국내 ERP 프로젝트는 분석단계에서 일정 지연이 발생한다는 것을 발견하였다 향후 본 연구를 통해 EVM 성과 지표를 이용한 현재 시점의 프로젝트 상태를 점검하며, 향후 일정과 원가를 예측하여 성공적인 ERP 프로젝트 수행에 도움이 되고자 한다.

Development of 3 layer EVM(Earned Value Management) Guideline for XP(eXtreme programming) based on CMMI (CMMI기반의 XP를 위한 3단계 EVM 적용 지침 개발)

  • Jeong, Mi-Seo;Han, Hyuk-Soo
    • 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.

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Earned Value based Construction Project Control System (Earned Value 기반 프로젝트 관리체계 및 사례연구)

  • Lee Yoo-Seob;Cho Chang-Yon;Oh Kyu-Hoan;Kim Jung-Hun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.123-130
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    • 2002
  • Project plan and control is a highly skilled task which is vital for business success, and Project control systems are important for successful project execution. To support construction process management effectively, an integrated cost and schedule control function is required to collect quality data in a timely manner and to provide quality historical data for future planning of new projects. In Korea construction industry, the development and implementation cases of a project control system which to efficiently support construction project planning and controlling processes, have been increased to ensure a project success and the profitability of a construction company. To contribute to improving practical effectiveness of a project control system, the paper reviewed and analyzed the current trends and functional features of current project control systems. And it also described the pending issues and their solutions faced on previous project control systems.

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Developing a Bayesian Network Model for Real-time Project Risk Management (실시간 프로젝트 위험관리를 위한 베이지안 네트워크 모형의 개발)

  • Kim, Jee-Young;Ahn, Sun-Eung
    • IE interfaces
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    • v.24 no.2
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    • pp.119-127
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    • 2011
  • Most companies have been increasing temporary work projects to maximize the usage of their resources. They also have been developing the effective techniques for analyzing and managing the state of the projects. In order to monitor the state of a project in real-time and predict the project's future state more accurately, this paper suggests the Bayesian Network (BN) as a tool for discovering the causes of project risk and presenting the failure probability of the project. The proposed BN modeling method with consideration of the Earned Value Management (EVM) method shows how to induce the predictive and conditional probability of the risk occurrence in the future. The advantages of the suggested model are (1) that the cause of a project risk can be easily figured out via the BN, (2) that the future value of the project can be sufficiently increased by updating relevant components of the project, and (3) that more credible prediction can be made in the similar and future situation by using the data obtained in current analysis. A numerical example is also given.

Prediction Models for Racing Performance of Domestic Progeny of Thoroughbreds

  • Lee, Jeong-Ran;Lee, Jin-Woo;Kim, Hee-Bal;Oh, Hee-Seok
    • Journal of Animal Science and Technology
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    • v.52 no.6
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    • pp.459-466
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    • 2010
  • In this study, we suggest an objective standard in selection of candidate horse mates. Korea Racing Authority provided racing records and pedigree information of 44 sires and 954 dams. The datasets were used to predict Racing Indices represented by the averages of earnings earned by offspring for each dam and sire that indicate the racing performance of its domestic progeny. Proportion of wins and second places to the number of taken races and the mean of distances for the won races of a sire were significant factors in linear model with minimum prediction errors. For dam, those factors were the average of earned money per race, number of outstanding broodmares in pedigree, and the comparable index which indicates the relative affinity with its mate. We can use the resultant model for a horse mate by choosing one of the candidates with the largest predicted value for hypothetical offspring.

Gender and Age Differences in Triple Media Usage Related to Outdoor Apparel Purchases

  • Yoon, Jae-ik;Kim, Hanna
    • Journal of the Korean Society of Clothing and Textiles
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    • v.39 no.5
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    • pp.683-694
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    • 2015
  • This study defines the concept of triple media and examines various marketing media that influence a consumer's purchase of outdoor fashion brands. We explore the effects of gender and age on information searches related to outdoor fashion brands and purchase criteria related to outdoor clothing. A survey of consumers who visited stores was conducted. We targeted consumers between the ages of 15 and 50 and analyzed 764 questionnaires. The results show that triple media involve eight factors: five factors (printed ads or radio ads, campaign ads, Internet ads, TV ads, and store ads) in paid media, one factor (direct marketing) in owned media, and two factors (channels of social network services, channels of direct promotion) in earned media. Further, the evaluation/appraisal criteria of outdoor clothing consist of four attributes (practicality, promotional activities, product power, and customer service). The teenager group showed significantly low usage of campaign ads, direct marketing, and direct promotion, while the use of Internet ads is particularly high among teenagers compared to other age groups. Moreover, teenagers are least likely to rely on practicality when evaluating clothing and are most likely to value product power. Additionally, women show significantly high usage of direct marketing. In terms of the clothing appraisal criteria, women assign higher value to practicality and promotional factors than men. The theoretical and managerial implications of the findings are discussed.

SE, CM, EVM 통합을 통한 사업 관리 향상 방안

  • Seok, Yeon-Suk;Gang, Seong-Jin;Park, In-Gyeong;Gwon, Yong-Su
    • 한국경영정보학회:학술대회논문집
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    • 2007.06a
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    • pp.1023-1029
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    • 2007
  • 우리는 국가 경쟁력의 한 분야인 사업관리에 있어 계획, 수행, 성과관리, 개선에 최적의 프로세스 보유가 요구된다. 그러나 Project관리체계의 현 실태는 일정관리, 범위관리, 비용관리에 초점을 맞춘 일정관리체계, WBS(Work Breakdown Structure) 및 OBS(Organizational Breakdown Structure)관리, 비용관리체계의 부분 통합 혹은 서로의 연계 정도이다. 본 연구는 최적의 사업관리를 위하여 계약관리에 체계공학을 연계하여 계약 전에 WBS, IMP/IMS(Integrated Master Plan)/(Integratcd Master Schedule), TPM(Technical Performance Measurement) 등의 SEP(Systems Engineering Plan)와 계약 후의 이행을 검증 할 수 있는 과정의 Guideline을 제시하고, IEEE 1220, ANSI/EIA 632 순기 의거 개념설계부터 통합시험에 이르는 체계공학 순기에 따른 비용예측이 가능한 USC(University of Southern CalIfornia) 대학의 COSYSMO (Constructive Systems Engineering Cost ModeI)를 소개하고 적용 가능성을 고찰하며, Project의 전순기에 걸쳐 TPM 혹은 Quality를 비용과 일정에 통합하여 관리하는 PBEV(Performance Based Earned Value)모델을 소개하고 적용 가능성을 제시한다. Project 관리에 있어 System 차원을 강조한 SE(Systems Engineering), 비용예측의 CM(Cost Management), 성과관리를 위한 EVM(Earned Value Management)의 통합은 사업 관리에 역량을 강화하며 경쟁력을 향상 시킬 수 있는 적절한 접근으로 사료된다.

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Earned Value Management Application Issues and Consideration for Weapon System Development Project (무기체계 연구개발 사업에서의 사업성과관리 적용 이슈 및 고려사항)

  • Kuk, Seung Hak;Kim, Yun Hee;Kim, Yongsin;Ju, You Yi
    • Journal of the Korean Society of Systems Engineering
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    • v.11 no.1
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    • pp.41-48
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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. Especially in a weapon system R&D project, the manager should consider a possibility to change plans in the middle of the project because of uncertainty coming from properties of the R&D project. 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 case study of EVM application for weapon system development project. Furthermore, we suggest several solutions for the issues occurring in utilizing EVM.

A Systems Engineering Case Study to Improve Defence R&D Program Effectiveness (국방 R&D사업 시스템엔지니어링 적용사례 및 발전방안 연구 - 저고도레이더 업체주관 연구개발사업 사례 중심으로 -)

  • Park, Kyeong-Il;Pyun, Wan-Joo;Park, Young-Won
    • Journal of the Korean Society of Systems Engineering
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    • v.4 no.2
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    • pp.35-43
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    • 2008
  • Application of system engineering should be realized on necessary condition being to propel National Defense R&D Program. But, these necessity is yet not realized easily to many project managers of Defense Acquisition Program Administration(DAPA). As one person of DAPA project manager, system engineering hard to approaches easily by the word itself. There are a lot of difficult sections where should apply how. This paper established DAPA Project Manager and Acquisition Point of Contact of demand Military by main customer (reader), and wished to make understood more easily and approach system engineering application to these. Also, this paper studied project management example that scientific project management techniques of Earned Value Management(EVM) and Cost As an Independent Variable(CAIV) etc. is taken abuzz in DAPA inside by Project management technique that become reform, arc Integrated in system engineering.

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