چکیده
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Statistical process control (SPC) techniques have been implemented in a few studies in order to determine action
limits on the earned value management (EVM) indices to assist project managers in monitoring project performance.
Nevertheless, these indices are correlated, reliance on univariate control charts when more than one
variable are involved and they are correlated may lead to unsatisfactory results such as increasing the rate of
false alarms. This study presented an approach to overcome this limitation by applying multivariate Hotelling's
T2 control chart to take into account possible correlations between EVM indicators and describe the entire
capability of the project performance more accurately. Furthermore, in order to quantify how well a project can
meet its requirements, some practical multivariate process capability indices (PCIs) are introduced. This approach
provides management with more reliable information about the deviations between planned and actual
performance both in terms of time and cost simultaneously.
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