TMN, Issue 2, 2012: Dynamic Scheduling: Integrating schedule risk analysis with earned value management
Submitted by Mario Vanhoucke on Tue, 10/30/2012 - 09:11
In this article, published in 2012 in The Measurable News, two alternative project control methods, known as bottom-up project control (see ”Bottom-up project control: Setting action thresholds using schedule risk analysis") and top-down project control (See ”Top-down project control: Setting action thresholds using earned value management") are compared to each other. Bottom-up control makes use of schedule risk analysis to determine the set of activities that need the highest control (see “Schedule Risk Analysis: How to measure your baseline schedule’s sensitivity?") while bottom-up control relies on earned value management (see ”Earned Value Management: An overview") to create early warning signals when projects need actions.
The theme of this article has also been published on PMKC in the article ”Why project control works so well for some projects and fails so miserably for others").
?Figure 1. The Measurable News, 2012, Issue 2 (click on this picture to download)
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