Best Thesis on Project Management

The students Evelyn De Blieck and Ellen De Groote have received the PMI-Belgium prize for the best thesis on Project Management during the graduation ceremony for the Commercial Engineers (Handelsingenieurs). The thesis was supervised by Prof. dr. Mario Vanhoucke from the Faculty of Economics and Business Administration ( from the Ghent University.

In their thesis "An accuracy study on Earned Value Management extensions using Monte-Carlo simulations", they have reviewed a comprehensive model for planning and controlling contractor cash flows. Using the methodology presented in "Measuring Time", they have critically analyzed the novel methodology and put the results into the right perspective.

Their work has been presented on the Earned Value Analysis conference in November 2010 in Ghent (