Forecasting Project's evolution. A step forward from the EVMS.

Abstract

The goal of this work is to define a framework for project forecasting activities as well as to set up proposals regarding improvement for some of the tools involved in these processes. In particular attention will be payed to Earned Value Management System (EVMS) tool as it is a well known instrument for project monitoring and, in some cases, for project forecasting too. Main inn ovation in this work is the proposal for estimation SPI and CPI indexes on the next future of the project in accordance to their previous values as well as to the impact in the project of non technical factor slike team construction, common vision for the project and other managerial aspects related to it. Anew model is provided in this paper allowing to process surveys based information from the project team in order to adjust the estimation for next values of already mentioned EVMS indexes, in order to produce a more consistent forecasting for the project evolution.