home submit paper guide for authors contact us register search archive current issue journal info
   [Home ] [Archive]    
:: Volume 1, Issue 3 (12-2011) ::
2011, 1(3): 105-0 Back to browse issues page
Forecasting Final Schedule and Cost of Projects by Using Statistical and Mathematical Method
F. Rahnamay Roodposhti , A. Pakmaram , B. Kamaly Alamdari
Abstract:   (4939 Views)
Earned value management (EVM) has prepared some methods to forecast final costs of projects. These methods were not developed since the start of formation and were gradually completed, of course with one exception that is its authenticity, they are still remained unchanged. At the present time EVM guide does not apply from schedule indices to forecast schedule for completion of project and lacks such ability. The goal of the present study is to improve abilities of project managers for making logical and intelligent decisions through trustable forecasting methods and final cost of project. Regardless the type of work, time, and range, this method is recommended for project managers. This method is based on technique of EVM which is able to forecast schedule for completion of project by using statistical methods. Results of studies indicate that it is possible to provide statistical methods to forecast final costs of project. Keywords: Earned Value Management (EVM), Planned Value (PV), Earned Schedule (ES), Independent Estimate at Completion (IEAC), Actual Cost (AC), Earned Value (EV).
Full-Text [PDF 462 kb]   (2915 Downloads)    
Type of Study: Research | Subject: General
Received: 2011/12/6
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA code


XML     Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

F. Rahnamay Roodposhti, A. Pakmaram, B. Kamaly Alamdari. Forecasting Final Schedule and Cost of Projects by Using Statistical and Mathematical Method. International Journal of Applied Operational Research. 2011; 1 (3) :105-0
URL: http://ijorlu.liau.ac.ir/article-1-88-en.html


Volume 1, Issue 3 (12-2011) Back to browse issues page
ژورنال بین المللی پژوهش عملیاتی International Journal of Applied Operational Research - An Open Access Journal
Persian site map - English site map - Created in 0.05 seconds with 31 queries by YEKTAWEB 3767