A review of analytical models, approaches and decision support tools in project monitoring and control

This paper reviews the problems, approaches and analytical models on project control systems and discusses the possible research extensions. We focused on literature in Earned Value Analysis (EVA), optimization tools, and the design of decision support systems (DSS) that will contribute to helping p...

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Vydáno v:International journal of project management Ročník 33; číslo 4; s. 808 - 815
Hlavní autor: Hazır, Öncü
Médium: Journal Article
Jazyk:angličtina
Vydáno: Kidlington Elsevier Ltd 01.05.2015
Elsevier Science Ltd
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ISSN:0263-7863, 1873-4634
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Abstract This paper reviews the problems, approaches and analytical models on project control systems and discusses the possible research extensions. We focused on literature in Earned Value Analysis (EVA), optimization tools, and the design of decision support systems (DSS) that will contribute to helping project managers in planning and controlling under uncertain project environments. The review reveals that further research is essential to develop analytical models using EVA metrics to forecast project performance. It also suggests that DSS should be model driven, function as early warning systems and should be integrated to commercial project management software. •We explore problems, analytical models, and algorithms on project monitoring and control.•We summarize DSS tools and emphasize integration to project management.•This review differs from the previous ones on project management; the scope is narrower.•We discuss the possible research extensions.•Our conclusion serves as a basis to develop efficient decision support systems.
AbstractList This paper reviews the problems, approaches and analytical models on project control systems and discusses the possible research extensions. We focused on literature in Earned Value Analysis (EVA), optimization tools, and the design of decision support systems (DSS) that will contribute to helping project managers in planning and controlling under uncertain project environments. The review reveals that further research is essential to develop analytical models using EVA metrics to forecast project performance. It also suggests that DSS should be model driven, function as early warning systems and should be integrated to commercial project management software.
This paper reviews the problems, approaches and analytical models on project control systems and discusses the possible research extensions. We focused on literature in Earned Value Analysis (EVA), optimization tools, and the design of decision support systems (DSS) that will contribute to helping project managers in planning and controlling under uncertain project environments. The review reveals that further research is essential to develop analytical models using EVA metrics to forecast project performance. It also suggests that DSS should be model driven, function as early warning systems and should be integrated to commercial project management software. •We explore problems, analytical models, and algorithms on project monitoring and control.•We summarize DSS tools and emphasize integration to project management.•This review differs from the previous ones on project management; the scope is narrower.•We discuss the possible research extensions.•Our conclusion serves as a basis to develop efficient decision support systems.
Author Hazır, Öncü
Author_xml – sequence: 1
  givenname: Öncü
  surname: Hazır
  fullname: Hazır, Öncü
  email: oncu.hazir@tedu.edu.tr
  organization: TED University, Faculty of Economics and Administrative Sciences, Ziya Gökalp Caddesi No. 48, 06420, Kolej, Çankaya, Ankara, Turkey
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Keywords Decision support systems
Project monitoring and control
Project management software
Earned Value Analysis
Project management
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Snippet This paper reviews the problems, approaches and analytical models on project control systems and discusses the possible research extensions. We focused on...
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SubjectTerms Control systems
Decision support systems
Design optimization
Earned Value Analysis
Project management
Project management software
Project monitoring and control
Studies
Systems design
Title A review of analytical models, approaches and decision support tools in project monitoring and control
URI https://dx.doi.org/10.1016/j.ijproman.2014.09.005
https://www.proquest.com/docview/1667027960
Volume 33
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