New publication:

Classification of articles and journals on project control and earned value management

Doing research on project control? Start with reviewing the current literature!

In our most recent publication in the International Journal of Project Management, a literature overview is given on the use of project control methods using the Earned Value Management methodology, and future research directions are highlighted.

Abstract: This paper presents an overview of the existing literature on project control and earned value management (EVM), aiming at fulfilling three ambitions. First, the journal selection procedure allows to discern between high-quality journals and more popular business magazines. Second, the collected papers on project control and EVM, published in the selected journals, are classified based on a framework consisting of six distinct classes. Third, the classification framework indicates current trends and potential areas for future research, which can be summarized as follows:

1. Increased attention to the stochastic nature of projects,
2. Enhanced validation of the proposed methodology using a large historical dataset or a simulation experiment,
3. Expansion of integrated control models, focusing on time and cost as well as other factors such as quality and sustainability, and
4. Development and validation of corrective action procedures.

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Cite as: Willems, L. and Vanhoucke, M., 2015, "Classification of articles and journals on project control and earned value management", International Journal of Project Management, 33(7), 1610–1634 (doi:10.1016/j.ijproman.2015.06.003).

For more information on Earned Value Management and project control, visit the OR-AS bookstore.