Schedule-cost Joint Management of Thermal Power Construction Project Based on Improved Earned Value Method

DOI

10.2991/ichssr-17.2017.7How to use a DOI?

Keywords

Trapezoidal fuzzy numbers, Earned value method, Risk factor, Schedule-cost performance evaluation.

Abstract

The risk of schedule and cost is the core part in the thermal power construction projects, while the traditional earned value method often ignores the existence of the risk in the schedule and cost analysis. This paper presents an improved earned value analysis method considering risk factors. In the method, the schedule and cost performance indicator is fuzzed based on trapezoidal fuzzy number, then introduces risk level coefficient to construct fuzzy earned value method considering risk factors based on the cut, and realize the integration of risk management and schedule cost analysis. Finally, one thermal power project is taken as an example to testify the practicability and validity of the improved model.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Meiqiong Wu
AU  - Meng Wang
AU  - Dongxiao Niu
PY  - 2017/05
DA  - 2017/05
TI  - Schedule-cost Joint Management of Thermal Power Construction Project Based on Improved Earned Value Method
BT  - Proceedings of the 2017 3rd International Conference on Humanities and Social Science Research (ICHSSR 2017)
PB  - Atlantis Press
SP  - 35
EP  - 39
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-17.2017.7
DO  - 10.2991/ichssr-17.2017.7
ID  - Wu2017/05
ER  -