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Earned Value Management Application Issues and Consideration for Weapon System Development Project

무기체계 연구개발 사업에서의 사업성과관리 적용 이슈 및 고려사항

  • Published : 2015.06.30

Abstract

It is generally recommended to use EVM as an efficient means for measuring project performance and progress so that the EVMS user could manage his project successfully. In spite of it's favorable intention, most project participants think it as a heavy load or a sub practiced job with low responsibility. Especially in a weapon system R&D project, the manager should consider a possibility to change plans in the middle of the project because of uncertainty coming from properties of the R&D project. Even though there are lots of variables triggering unpredictable troubles in EVM application, EVM still could be a valuable project health indicator. In this paper we introduce a case study of EVM application for weapon system development project. Furthermore, we suggest several solutions for the issues occurring in utilizing EVM.

Keywords

Earned Value Management;EVM;Integration Baseline Review;Weapon System Development

References

  1. Guideline Num.29, Revised Guidelines for Earned Value Management, 2012
  2. ANSI/EIA-748-A, Earned Value Management Systems, 2002
  3. Wiley&Sons, Program Manager's Guide to the Integrated Baseline Review process, 2003
  4. Hungkyun Byun, Sangwoo Lee, A Case Study of SE and EVMS Techniques Application on Surion Helicopter R&D Program, KOSSE Jounal Vol.8 Num.1, 2012
  5. Yunhee Kim et al., A Study of Method for Establishing EVM Baseline of Weapons R&D, KIMST, 2013
  6. Yunhee Kim et al., A Solution for Earned Value Change Issue caused by Plan Modification, KIMST, 2014