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Overview:

This paper presents a novel project management model that incorporates several features yet to be actively addressed in the literature and focuses on earned value management. The model utilizes the basic structures employed in building project dynamics models. The effects of time-varying project team size, of varying productivity, of training and communication overload, and of change management are incorporated into this model. With the help of the model and a hypothetical software technology project, the authors demonstrate how a system dynamics model can contribute beyond basic project tools like MS Project, in generating the earned value management indicators required by project managers under different scenarios and starting assumptions.

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Format:PDFSize:139 KB
Date:May 2005
Pages:28

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