Evaluating fuzzy earned value indices and estimates by applying alpha cuts

Authors:
Leila Moslemi Naeni;Amir Salehipour
Affiliations:
School of Industrial Engineering, Sharif University of Technology, Tehran, Iran;School of Industrial Engineering, Islamic Azad University-South Tehran Branch, Tehran, Iran
Venue:
Expert Systems with Applications: An International Journal
Year:
2011

Citing 1
Cited 1

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Earned Value Project Management

Fuzzy earned value management using L-R fuzzy numbers

Journal of Intelligent & Fuzzy Systems: Applications in Engineering and Technology - Computational intelligence models for image processing and information reasoning

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Abstract

The earned value technique is an essential technique in analyzing and controlling the performance of a project by providing a more accurate measurement of both project performance and project progress. This paper presents an approach to deal with fuzzy earned value indices. This includes developing new indices under fuzzy circumstances and evaluating them using alpha cut method. The model improves the applicability of the earned value techniques under real-life and uncertain conditions. A small example illustrates how the new model can be implemented in reality.