Using Simulation in Integrated Project Management and Control

Integrated Project Management and Control (IPM&C), otherwise known as Dynamic Scheduling refers to the integration of baseline scheduling, risk analysis and project control and aims at providing better management control tools to keep projects on track. It focuses on time and cost management of projects in progress and relies on Earned Value Management tools to measure the performance.

Since years, I have been studying this topic from various angles, with a strong focus on using artificial project data, combining basic and advanced simulation tools. These simulation tools have been used in the "Measuring Time" study, and ever since, have been further developed by all members of the OR&S group.

Today, I am pleased to let you know that a summary article has been published in the "ISRN Computational Mathematics" journal that focuses on the use of simulation for various Project Management control purposes. I believe that the article is an ideal start to find other sources of literature in IPM&C. And ever more, it helped us a lot for the development of our two excellent tools: ProTrack and P2 Engine.

You may access this article from the Table of Contents of Volume 2013, which is located at the website link of the journal by clicking here.

Alternatively, you may directly access the article by clicking on the reference below:

• Mario Vanhoucke, "An Overview of Recent Research Results and Future Research Avenues Using Simulation Studies in Project Management," ISRN Computational Mathematics, vol. 2013, Article ID 513549, 19 pages, 2013.

"ISRN Computational Mathematics" is an open access journal, meaning that the full-text of all published articles is made freely available on the journal’s website with no subscription or registration barriers. Read it, use it in your research, improve it and above all... share it. 

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