Project Schedule Monitoring by Earned Duration Management (EDM)
Chitti Babu Kapuganti1, Pothuru Yaswanth Kumar2, Moosam Surya Teja3, Anga Akhil4, Rohan Barbhuiya5
1Chitti Babu Kapuganti, Assistant Professor, Department of Civil Engineering, GITAM Institute of Technology, Visakhapatnam (Andhra Pradesh), India.
2Pothuru Yaswanth Kumar, Student, Department of Civil Engineering, GITAM Institute of Technology, Visakhapatnam (Andhra Pradesh), India.
3Moosam Surya Teja, Student, Department of Civil Engineering, GITAM Institute of Technology, Visakhapatnam (Andhra Pradesh), India.
4Anga Akhil, Student, Department of Civil Engineering, GITAM Institute of Technology, Visakhapatnam (Andhra Pradesh), India.
5Rohan Barbhuiya, Student, Department of Civil Engineering, GITAM Institute of Technology, Visakhapatnam (Andhra Pradesh), India.
Manuscript received on 24 March 2019 | Revised Manuscript received on 05 April 2019 | Manuscript Published on 18 April 2019 | PP: 518-522 | Volume-7 Issue-6S March 2019 | Retrieval Number: F03000376S19/2019©BEIESP
Open Access | Editorial and Publishing Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In earlier days, project managers face many difficulties to maintain the project in a right track. In the 20th century, Gantt chart was developed and since then the management of the projects based on the baseline schedules has come into existence. To monitor the cost and schedule Earned Value Management (EVM) was introduced. The main objective of the EVM when it was introduced is only to monitor the cost aspect. But later on by specific derivatives schedule monitoring is also introduced. For monitoring a project schedule, EVM uses cost in place of time. There are certain misleading’s observed while using cost to control the schedule. So to overcome this issue, researchers developed a new method, Earned Duration Management (EDM). In this paper, a railway bridge construction project is considered as a case study and EDM methodology is applied to find out the variation of various EDM indices.
Keywords: Earned Duration Management, Duration Performance Index, Project Monitoring and Controlling Methods, Schedule Performance.
Scope of the Article: Simulation Optimization and Risk Management