Modification of the BCWS by Work Effort

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F15%3A68886" target="_blank" >RIV/60460709:41110/15:68886 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Modification of the BCWS by Work Effort
Original language description
The paper deals with BCWS (Budgeted Cost for Work Performed) estimation by work effort in context of the Student Syndrome. Every existing activity in any project is, to a higher or lower extent, determined by the effect of the human agent, which commonlytakes a Student Syndrome form. If Student Syndrome phenomenon is completely expressed by means of a mathematical model, it would be possible to improve prediction of its impact on work effort in project activities. Successful duration of project activities is measured by the Earned value management (EVM) tools, where the BCWS is a key parameter. The BCWS is created by work effort in a project activity. Therefore, work effort has a hidden influence on EVM. Consequently, in the real world of human resources, the BCWS is not usually linear. This paper proposes new formulas for computing the BCWS in the project for Earned value management purposes. This proposal can be used for a more precise description of the real distribution of the wor
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
33rd International Conference Mathematical Methods in Economics MME 2015
ISBN
978-80-261-0539-8
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
19-24
Publisher name
Faculty of Economics, University of West Bohemia, Plzen
Place of publication
University of West Bohemia, Plzen
Event location
Cheb, Czech Republic
Event date
Sep 9, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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