Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model
Civil aviation is one of biggest industrial contributors to CO2 emissions worldwide. One of the most urgent problems of this sector is providing new technologies to continue operating in a more sustainable environment through a transition to clean energy. The Earned Value Management (EVM) model, as...
| Main Authors: | , , |
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| Format: | info:eu-repo/semantics/article |
| Language: | English |
| Published: |
MDPI
2021
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10835/12000 |
| _version_ | 1789406505512992768 |
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| author | Cruz Rambaud, Salvador López Pascual, Joaquín Meléndez Rodríguez, Juan Carlos |
| author_facet | Cruz Rambaud, Salvador López Pascual, Joaquín Meléndez Rodríguez, Juan Carlos |
| author_sort | Cruz Rambaud, Salvador |
| collection | DSpace |
| description | Civil aviation is one of biggest industrial contributors to CO2 emissions worldwide. One of the most urgent problems of this sector is providing new technologies to continue operating in a more sustainable environment through a transition to clean energy. The Earned Value Management (EVM) model, as a traditional project management tool, is continuously being revised with new releases and extensions (e.g., ESM, EDM, QEVM, E-EVM, and ZEVM), but to date none of them has applied an expert judgment criterion to be able to modify and anticipate the final result of the project. In such a way, this paper introduces a novel approach to the topic with the so-called Enhanced and Efficient Earned Value Management (denoted E2-EVM) model by including this new capability through the real options methodology, thus helping to support the sustainability of the aerospace sector. This research focuses on three main goals: the description of recent green initiatives in the aerospace sector by checking its contribution to reaching the well-known Sustainable Development Goals (SDGs), the development of a new version of the EVM model by applying the real options methodology, and, finally, the financial contribution to the aerospace industry by applying these initiatives and methodologies. |
| format | info:eu-repo/semantics/article |
| id | oai:repositorio.ual.es:10835-12000 |
| institution | Universidad de Cuenca |
| language | English |
| publishDate | 2021 |
| publisher | MDPI |
| record_format | dspace |
| spelling | oai:repositorio.ual.es:10835-120002023-04-12T19:07:38Z Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model Cruz Rambaud, Salvador López Pascual, Joaquín Meléndez Rodríguez, Juan Carlos sustainable development goals aerospace industry earned value management real options Civil aviation is one of biggest industrial contributors to CO2 emissions worldwide. One of the most urgent problems of this sector is providing new technologies to continue operating in a more sustainable environment through a transition to clean energy. The Earned Value Management (EVM) model, as a traditional project management tool, is continuously being revised with new releases and extensions (e.g., ESM, EDM, QEVM, E-EVM, and ZEVM), but to date none of them has applied an expert judgment criterion to be able to modify and anticipate the final result of the project. In such a way, this paper introduces a novel approach to the topic with the so-called Enhanced and Efficient Earned Value Management (denoted E2-EVM) model by including this new capability through the real options methodology, thus helping to support the sustainability of the aerospace sector. This research focuses on three main goals: the description of recent green initiatives in the aerospace sector by checking its contribution to reaching the well-known Sustainable Development Goals (SDGs), the development of a new version of the EVM model by applying the real options methodology, and, finally, the financial contribution to the aerospace industry by applying these initiatives and methodologies. 2021-07-21T09:45:25Z 2021-07-21T09:45:25Z 2021-06-13 info:eu-repo/semantics/article 2071-1050 http://hdl.handle.net/10835/12000 en https://www.mdpi.com/2071-1050/13/12/6717 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess MDPI |
| spellingShingle | sustainable development goals aerospace industry earned value management real options Cruz Rambaud, Salvador López Pascual, Joaquín Meléndez Rodríguez, Juan Carlos Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title | Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title_full | Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title_fullStr | Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title_full_unstemmed | Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title_short | Sustainability in the Aerospace Sector, a Transition to Clean Energy: The E2-EVM Valuation Model |
| title_sort | sustainability in the aerospace sector, a transition to clean energy: the e2-evm valuation model |
| topic | sustainable development goals aerospace industry earned value management real options |
| url | http://hdl.handle.net/10835/12000 |
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