Open AccessEarned Value Management System in Indonesian Construction Projects
Author(s) -
Mandiyo Priyo
Publication year - 2021
Publication title -
international journal of integrated engineering/international journal of integrated engineering
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.215
H-Index - 10
eISSN - 2600-7916
pISSN - 2229-838X
DOI - 10.30880/ijie.2021.13.03.005
Subject(s) - earned value management , schedule , scope (computer science) , project planning , work breakdown structure , project management , cost estimate , estimation , work (physics) , statement of work , change order , indonesian , operations management , resource (disambiguation) , engineering , operations research , engineering management , computer science , project charter , systems engineering , mechanical engineering , computer network , programming language , operating system , linguistics , philosophy
Earned Value Management (EVM) is a methodology combining scope, schedule, and resource measurements to assess project performance and progress. It involves integrating the three critical elements of the project covering schedule, work scope, and cost. Various benefits are associated with the use of EVM in project management. This research aims to analyze four units of building construction projects using the EVM method consisting of an analysis of project performance, estimation of cost, and time for project completion, and planning estimation analysis against project completion. The results revealed that from the aspect of time, three buildings were completed ahead of schedule, and another one was behind schedule. In terms of cost, three buildings cost lower than the estimated budget, while one other building was higher.