TY - JOUR
T1 - Enhanced ESM approach for duration forecasting in delayed projects
AU - Yang, Jyh Bin
AU - Chen, Yu Hsin
N1 - Publisher Copyright:
© 2023 THE AUTHORS
PY - 2024/3
Y1 - 2024/3
N2 - Delays occur commonly for construction projects. How to control projects before delays are desired by project managers. The Earned schedule method (ESM), a derivative of the earned value management method, forecasts project durations effectively regarding time and cost perspectives, that provides new performance measures for better project control. This study proposes an enhanced approach, ESmin+ method that is designed to solve the incapability of two existing earned schedule methods, to instantly identify schedule delays when the delayed activity is on a non-critical path. To validate the capability of the proposed approach, this study examines the factors that affect the accuracy of duration forecasting, including performance factors, project seriality, and project delay conditions. The enhanced ESM-based approach yields more precise project duration forecasts, particularly in situations where delays occur.
AB - Delays occur commonly for construction projects. How to control projects before delays are desired by project managers. The Earned schedule method (ESM), a derivative of the earned value management method, forecasts project durations effectively regarding time and cost perspectives, that provides new performance measures for better project control. This study proposes an enhanced approach, ESmin+ method that is designed to solve the incapability of two existing earned schedule methods, to instantly identify schedule delays when the delayed activity is on a non-critical path. To validate the capability of the proposed approach, this study examines the factors that affect the accuracy of duration forecasting, including performance factors, project seriality, and project delay conditions. The enhanced ESM-based approach yields more precise project duration forecasts, particularly in situations where delays occur.
KW - Duration forecast
KW - Earned schedule method
KW - Earned value management
KW - Schedule delays
KW - Schedule management
UR - http://www.scopus.com/inward/record.url?scp=85171659628&partnerID=8YFLogxK
U2 - 10.1016/j.asej.2023.102472
DO - 10.1016/j.asej.2023.102472
M3 - 期刊論文
AN - SCOPUS:85171659628
SN - 2090-4479
VL - 15
JO - Ain Shams Engineering Journal
JF - Ain Shams Engineering Journal
IS - 3
M1 - 102472
ER -