ECONOMIC MANAGEMENT: THEORY AND PRACTICE УДК 005.8:330.47 JEL: С53 1Odesa Regional Institute for Public Administration of the National Academy for Public Administration under the President of Ukraine, Research ID : http://www.researcherid.com/rid/V-4674-2017 EARNED VALUE MANAGEMENT: THE CASE OF MONITORING OF THE IMPLEMENTATION OF THE STATE TARGET PROGRAM IN THE MEDICAL FIELD The practical principles of using the method of earned value management of public sphere projects on the example of monitoring of the implementation of the National Targeted Social Program to Combat Tuberculosis for 2012–2016 are considered. The essence of this method is revealed, the main directions and areas of its use in project management by such institutions as the US Department of Defense and the Department of Transportation, NASA are investigated. It is noted that the method is not mentioned in any methodological document for the development and monitoring of domestic target programs. Thus, in order to substantiate the feasibility of using the method of earned value management to control and monitor the implementation of project actions in the public sector of Ukraine, a practical example of its use to control costs during the implementation of the domestic state target program is demonstrated. For this purpose, the planned and reported indicators of the National Targeted Social Program to Combat Tuberculosis are compared with the basic indicators of the method of earned value and based on them the forecast values of the required indicators are obtained by constructing a trend line in Microsoft Excel. The obtained forecast values are analyzed according to the parameter of deviation from the actual performance of this program. It is proved that the forecast models obtained on the basis of the trend line are able to adequately describe the dynamics of project work in the public sector, including forecasting the possible volume of their funding. Further prospects for the use of the method of earned value management for monitoring and control of projects and programs in the public sphere are identified. Keywords:project and program management in the public sphere; control and monitoring of project implementation; methods of cost control in public projects
1. Abba W. Earned Value Management - Reconciling Government and Commercial Practices. Program Manager, 1997, No. 26, pp. 58-63. 2. Abba W. How Earned Value Got to Primetime: a Short Look Back and a Glance Ahead. Project Management Institute Seminars and Symposium, September 7, 2000, available at: www.pmi.org/learning/library/earned-value-college-performance-management-8909 (accessed on: 05.03.2021). 3. Archibald R.D. Managing High-Technology Programs and Projects. Hoboken, John Wiley & Sons, Chichester, 2003. 4. Kwak Y., Anbari F. History, practices, and future of earned value management in government: Perspectives from NASA. Project Management Journal, 2012, No. 43 (1), pp. 77-90. doi.org/10.1002/pmj.20272 5. Gasparotti C. Application of the earned value method in monitoring of the project cost. Review of Management and Economic Engineering, 2014, No. 13 (53), pp. 574-588. 6. Pajares J., Lopez-Parades A. An extension of the EVM analysis for project monitoring: The Cost Control Index and the Schedule Control Index Science Direct. International Journal of Project Management, 2011, No. 29, pp. 615-622. doi.org/10.1016/j.ijproman.2010.04.005 7. Czarnigowska A. Earned value method as a tool for project control. Budownictwo Architektura, 2008, No. 3, pp. 15-32. doi.org/10.35784/bud-arch.2320 8. Kolosova Ye., Novikov D., Tsvetkov A. Earned Value Methodology in Operational Project Management. Moscow, NRC "Apostrof," 2000 [in Russian]. 9. Rach D. Method of graphic presenting the earned value indicators. Project Management and Development of Production, Luhansk, Volodymyr Dahl East Ukrainian National University, 2011, No. 3 (39), pp. 117-121 [in Russian]. 10. Gasparotti C., Raileanu A., Rusu E. The Earned Value Management - A Measurement Technique of the Performance of the Costs and Labor in the Project. Acta Universitatis Danubius. Economica, 2017, No. 13 (2), pp. 220-233. 11. Palianuchko E. Assessment of forecasting models of bank resources of Ukraine based on trendline. Scientific Bulletin [Odesa National Economic University], 2015, No. 12, pp. 135-148 [in Ukrainian]. |
|
Published since September 1958 |
|||
| Login |
| |||