Paper discusses two quantitative decision tools: one based on actual variance and one based on probability of observing such a variance. Both are used in deciding when to explore budget variances. The two methods are: calculation of decision areas based on the cost of investigation and expected savings produced by an investigation: calculation of the variance as a function of both time remaining in schedule and budget remaining.Both methods can be programmed on a computer.Details of the application of either method are presented.


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    Titel :

    When Budget Variances Warrant Investigation by Engineering Project Management


    Weitere Titelangaben:

    Sae Technical Papers


    Beteiligte:
    Schick, G. J. (Autor:in) / Maybell, J. L. (Autor:in)

    Kongress:

    National Aeronautic and Space Engineering and Manufacturing Meeting ; 1968



    Erscheinungsdatum :

    1968-02-01




    Medientyp :

    Aufsatz (Konferenz)


    Format :

    Print


    Sprache :

    Englisch


    Schlagwörter :


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