Project managers are grappling with a variety of risks today as a result of increasing complexity and dynamics of projects in different stages of project life cycle. Thus, it seems quite necessary to employ an efficient risk management process that can overcome the shortcomings of traditional methods in order to handle such complexities and reach the optimal project management. This matter is e...

Earned value management (EVM) is a well-known approach in a project control system which uses some indices to track schedule and cost performance of a project. In this paper, a new statistical framework based on self-starting monitoring and change point estimation is proposed to monitor correlated EVM indices which are usually auto-correlated over time and non-normally distributed. Also, a new ...

In according to quantity of various consumption materials in construction sites of complex projects such as oil industry, infrastructure, and large scale commercial, management and monitoring of materials can affect on the final time and cost of project’s activities. In today’s world of rising labor costs and labor shortages, automated materials tracking can provide some advantage to impr...

One of the most important aspects of software project management is the estimation of cost and time required for running information system. Therefore, software managers try to carry estimation based on behavior, properties, and project restrictions. Software cost estimation refers to the process of development requirement prediction of software system. Various kinds of effort estimation patter...

Today's typical probabilistic cost analysis assumes an "ideal" project in which whenever a cost element comes in low its savings are passed on where they are needed. Unfortunately in the real world “Money Allocated is Money Spent" (MAIMS principle), and cost underruns are rarely available to protect against cost overruns while task overruns are passed on to the total project cost. Realistic cos...

In according to quantity of various consumption materials in construction sites of complex projects such as oil industry, infrastructure, and large scale commercial, management and monitoring of materials can affect on the final time and cost of project’s activities. In today’s world of rising labor costs and labor shortages, automated materials tracking can provide some advantage to impr...

Software estimation provides an important tool for project planning; whose quality and accuracy greatly affect the success of a project. There are several area of the software engineering in which we can use the function point analysis like project planning, project construction, software implementation etc. In software development, accuracy and efficiency of cost estimation methodology for a w...

In this study, a simulation model for the strategic management process of software development projects is presented. The proposed model simulates the implications of strategic decisions on factors such as cost, risk, budget and schedule of software projects. The main advantage of the proposed model is that it provides an integrated framework wherein risk management, cost estimation, and projec...

In order to cope with the rapid changes in the world, enterprises utilize project management methodology to globally outsource their works and to evaluate their internal and external work performance. Of all the project management techniques, Earned Value Management (EVM) is the major one that provides a method to evaluate project performance by integrating schedule and cost of work packages. E...