Open AccessApplication of Earned Value Method in Project Cost Management and Schedule Management
Author(s) -
Weifeng Xu
Publication year - 2021
Publication title -
proceedings of business and economic studies
Language(s) - English
Resource type - Journals
eISSN - 2209-265X
pISSN - 2209-2641
DOI - 10.26689/pbes.v4i4.2400
Subject(s) - earned value management , project management , schedule , value engineering , value (mathematics) , project management triangle , program management , engineering management , extreme project management , project portfolio management , project planning , opm3 , computer science , business , operations management , risk analysis (engineering) , engineering , systems engineering , machine learning , operating system
At present, with the rapid development of China’s economy, the development of the construction industry has made a new breakthrough. Project management requires the construction industry to continuously play its role and value in improving the ability of project management. Earned value method, which is an important way in the field of project management, enables whole project management to rise to a new height. The specific principle of earned value method will be elaborated by fully introducing the specific role of earned value method in engineering projects to provide a reference and basis for practitioners to improve their management ability.