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Cost And Value Management In Projects

Author: Ray R. Venkataraman
Publisher: Wiley
ISBN: 9780470069134
Size: 34.70 MB
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Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Earned Value Management Using Microsoft Office Project

Author: Sham Dayal
Publisher: J. Ross Publishing
ISBN: 1932159983
Size: 59.60 MB
Format: PDF
View: 107
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Schedule and cost management are the most essential parts of project lifecycle management and many projects fail as a result of not managing these critical components effectively. The most commonly used tool for project schedule management is Microsoft Office Project, which is designed to assist project managers in developing schedules, assigning resources to tasks, tracking progress, managing budgets and analyzing workloads. The most common technique used for cost management is earned value management (EVM), a project management technique used for measuring project progress in an objective manner that combines measurements of project scope, schedule and cost performance within a single integrated methodology. EVM is becoming the standard across the world for this purpose in both the private and public sector and many organizations are now adopting this technique to manage their projects. In the public sector, EVM is mandated for all government projects in the United States and many other countries are following suit. Earned Value Management Using Microsoft® Office Project is the first reference to effectively combine the most widely used scheduling tool with the most widely accepted cost management technique. It is a practical guide to end-to-end scheduling and cost management using Microsoft Office Project that includes a CD-ROM of a limited version of a unique EVM software tool that will help practitioners more effectively manage their projects, track and report the status and progress of projects, and take necessary action before their projects fail beyond repair. This text is an excellent complement to whatever Microsoft Office Project guide that you may be using and a significant addition to the literature on how to use EVM.

Value Management In Design And Construction

Author: John Kelly
Publisher: Routledge
ISBN: 1135833656
Size: 17.27 MB
Format: PDF, Kindle
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This book looks at the transfer and further development of value management procedures, as practised in North America, in a United Kingdom and Commonwealth construction industry context.

Project Scheduling And Cost Control

Author: James Taylor
Publisher: J. Ross Publishing
ISBN: 9781932159110
Size: 57.36 MB
Format: PDF, ePub, Docs
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More than 80 percent of all projects start with underestimated schedules and costs, and are doomed to exceed projections. This concise book demonstrates how to establish realistic estimates, how to control a projects schedule and costs, and how to develop the projects plan and processes for successful project completion.

Value Management Of Construction Projects

Author: John Kelly
Publisher: John Wiley & Sons
ISBN: 1118355148
Size: 22.64 MB
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Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management – Vocabulary, Terms and definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. Changes in Value Management practice particularly in Programmes and Projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management initiatives covering the management of physical infrastructure, for example the recent launch of a suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 “Asset Management: Specification For The Optimized Management Of Physical Assets” The second edition contains a dedicated chapter of exemplar case studies drawn from the authors’ experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education – particularly those at final year undergraduate and at Masters level.

Effective Project Management Through Applied Cost And Schedule Control

Author: James Bent
Publisher: CRC Press
ISBN: 9780824797157
Size: 34.41 MB
Format: PDF, ePub, Mobi
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This work outlines a state-of-the-art project control and trending programme, focusing on advanced applied-cost and schedule-control skills for all phases of a project at both owner and contractor level. It contains information on the three major aspects of the total project programme: the techniques and procedures utilized for a project; the experience and analytical ability of project personnel; and the commitment and teamwork of a project group.

Earned Value Management For Project Management

Author: Sham Dayal
Publisher: Createspace Independent Pub
ISBN: 9781481137539
Size: 36.48 MB
Format: PDF, Docs
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Earned Value Management for Project Management Using Microsoft Office Project is the revision to the author's earlier title, Earned Value Management Using Microsoft Office Project, which currently sells across the world as a good reference book for earned value management. The earlier title was also adopted by PMI for sale through the PMI bookstore. After successfully running the earlier title in print for over four years the author decided to revise his title and include tons of other aspects of project management into this new title. The original title was focused on schedule and cost management aspects of project management. The author has now revised it with this title and included concepts such as what-if analysis, human resource management and project financials management all with the help of earned value management technique and Microsoft Office Project tool. The author has also addressed the comments that he received for his previous title about the contents of the book. The new concepts presented by the author in this title are unique to this title and cannot be found elsewhere in any other book on the market. Throughout the book, the author maintains his claim of project managers being able to use the methods and techniques presented in this book for any size project by keeping the methods and techniques simple and easy-to-use for any project manager who is either from a technical or a nontechnical background. Since the title focuses on project financials management, it will very well appease the senior management audience as well. The techniques presented in this book can very well be adopted by an entire organization for all their projects, and they would help the organizations maintain better control over their projects. This title will serve its purpose for both service-oriented organizations and product-oriented organizations. For outsourced projects scenarios, it would benefit both the customer and the vendor organizations. Salient features• Includes lots of practical examples and illustrations for ease of understanding• Covers all existing versions of Microsoft Office Project• End-to-end project-management handbook, covering scope management, schedule management, cost management, time management, human resource management, financials management, and so forth.• Introduces users to never-before-seen what-if analysis using EVM technique• Project financials management such as gross margins and profitability are introduced

Earned Value Management Integrated View Of Cost And Schedule Performance

Author: Piyush Solanki
Publisher: Global India Publications
ISBN: 9789380228525
Size: 14.74 MB
Format: PDF, Docs
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This book is organized with a brief overview of EVM, highlighting the key management questions EVM can help answer and exploring where EVM fits into the projet management universe. It also emphasizes EVM Performance Analysis and contains the basic elements of Earned Value Management. This book also outlines basic EVM practices in their project management context and shows how EVM practices facilitate project planning and control for better management of project cost and schedule performance.

Sustainable Value Management For Construction Projects

Author: Ayodeji E. Oke
Publisher: Springer
ISBN: 331954151X
Size: 50.60 MB
Format: PDF, Docs
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This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment. The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.

Using Earned Value

Author: Alan Webb
Publisher: Gower Publishing, Ltd.
ISBN: 9780566085338
Size: 65.61 MB
Format: PDF, ePub, Docs
View: 469
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Provides information and advice on using the "earned value" method outside of large bureaucratic government projects as a means of evaluting progress, and offers examples.