Submit Search
Upload
Application of Earned Value Method and Delay Analysis on Construction Project to Analyse Cost and Schedule
•
1 like
•
103 views
IRJET Journal
Follow
https://irjet.net/archives/V4/i7/IRJET-V4I7641.pdf
Read less
Read more
Engineering
Report
Share
Report
Share
1 of 6
Download now
Download to read offline
Recommended
Cost Analysis of Road Construction Project by Earned Value Analysis using Pri...
Cost Analysis of Road Construction Project by Earned Value Analysis using Pri...
IRJET Journal
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Mohammad Lemar ZALMAİ
Earned Value Management Essentials
Earned Value Management Essentials
Glen Alleman
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Mohammad Lemar ZALMAİ
Controling productivity in construction projects
Controling productivity in construction projects
Essam Lotffy, PMP®, CCP®
Project controls
Project controls
Ashok Kumar
Marshall Esc Lille Defense R2
Marshall Esc Lille Defense R2
Drmarshallpmp
Project cost & control
Project cost & control
AMARAYYA
Recommended
Cost Analysis of Road Construction Project by Earned Value Analysis using Pri...
Cost Analysis of Road Construction Project by Earned Value Analysis using Pri...
IRJET Journal
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Mohammad Lemar ZALMAİ
Earned Value Management Essentials
Earned Value Management Essentials
Glen Alleman
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Performance Evaluation of Construction Projects by EVM Method, Using Primaver...
Mohammad Lemar ZALMAİ
Controling productivity in construction projects
Controling productivity in construction projects
Essam Lotffy, PMP®, CCP®
Project controls
Project controls
Ashok Kumar
Marshall Esc Lille Defense R2
Marshall Esc Lille Defense R2
Drmarshallpmp
Project cost & control
Project cost & control
AMARAYYA
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
IJERA Editor
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET Journal
Project Management Definitions
Project Management Definitions
TURKI , PMP
2.07 cost management 1
2.07 cost management 1
reddvise
construction project managment_civileng
construction project managment_civileng
sulaiman khan
IRJET- Value Management
IRJET- Value Management
IRJET Journal
TGE Project Controls
TGE Project Controls
David Mathews
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
Tapesh Ajmera
Project cost management
Project cost management
ProjectManager247
10 Powerful Construction Cost Estimation Steps
10 Powerful Construction Cost Estimation Steps
SHAZEBALIKHAN1
Project cost control
Project cost control
Sourabh Modgil
Project Control System
Project Control System
Kashif Khan (کاشف خان)
L06 cost management
L06 cost management
Asa Chan
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
IRJET Journal
Planning and Scheduling Construction Projects using Primavera Software A Case...
Planning and Scheduling Construction Projects using Primavera Software A Case...
ijtsrd
Cost management basics for Construction Engineers
Cost management basics for Construction Engineers
Amit Kumar Senapati, PMP®
Chap013 4er1
Chap013 4er1
Shruti Patil
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
Project Controls Expo
cost control analysis as effective tools in construction industry in nigeria
cost control analysis as effective tools in construction industry in nigeria
Newman Jonathan
A simple approach to understanding Earned Value Management
A simple approach to understanding Earned Value Management
ProPM Academy
Tracking a Typical Apartment Construction using Earned Value Management
Tracking a Typical Apartment Construction using Earned Value Management
IRJET Journal
Tracking and Management of Construction Projects using Primavera
Tracking and Management of Construction Projects using Primavera
IRJET Journal
More Related Content
What's hot
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
IJERA Editor
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET Journal
Project Management Definitions
Project Management Definitions
TURKI , PMP
2.07 cost management 1
2.07 cost management 1
reddvise
construction project managment_civileng
construction project managment_civileng
sulaiman khan
IRJET- Value Management
IRJET- Value Management
IRJET Journal
TGE Project Controls
TGE Project Controls
David Mathews
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
Tapesh Ajmera
Project cost management
Project cost management
ProjectManager247
10 Powerful Construction Cost Estimation Steps
10 Powerful Construction Cost Estimation Steps
SHAZEBALIKHAN1
Project cost control
Project cost control
Sourabh Modgil
Project Control System
Project Control System
Kashif Khan (کاشف خان)
L06 cost management
L06 cost management
Asa Chan
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
IRJET Journal
Planning and Scheduling Construction Projects using Primavera Software A Case...
Planning and Scheduling Construction Projects using Primavera Software A Case...
ijtsrd
Cost management basics for Construction Engineers
Cost management basics for Construction Engineers
Amit Kumar Senapati, PMP®
Chap013 4er1
Chap013 4er1
Shruti Patil
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
Project Controls Expo
cost control analysis as effective tools in construction industry in nigeria
cost control analysis as effective tools in construction industry in nigeria
Newman Jonathan
A simple approach to understanding Earned Value Management
A simple approach to understanding Earned Value Management
ProPM Academy
What's hot
(20)
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
Polynomial Function and Fuzzy Inference for Evaluating the Project Performanc...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
Project Management Definitions
Project Management Definitions
2.07 cost management 1
2.07 cost management 1
construction project managment_civileng
construction project managment_civileng
IRJET- Value Management
IRJET- Value Management
TGE Project Controls
TGE Project Controls
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
COST AND TIME CONTROL OF CONSTRUCTION PROJECTS_TKAJ
Project cost management
Project cost management
10 Powerful Construction Cost Estimation Steps
10 Powerful Construction Cost Estimation Steps
Project cost control
Project cost control
Project Control System
Project Control System
L06 cost management
L06 cost management
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
IRJET- Value Engineering-An Approach to Enhance Real Estate Industry
Planning and Scheduling Construction Projects using Primavera Software A Case...
Planning and Scheduling Construction Projects using Primavera Software A Case...
Cost management basics for Construction Engineers
Cost management basics for Construction Engineers
Chap013 4er1
Chap013 4er1
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
Project Controls Technician Apprentice - Joining the puzzle together by "Shan...
cost control analysis as effective tools in construction industry in nigeria
cost control analysis as effective tools in construction industry in nigeria
A simple approach to understanding Earned Value Management
A simple approach to understanding Earned Value Management
Similar to Application of Earned Value Method and Delay Analysis on Construction Project to Analyse Cost and Schedule
Tracking a Typical Apartment Construction using Earned Value Management
Tracking a Typical Apartment Construction using Earned Value Management
IRJET Journal
Tracking and Management of Construction Projects using Primavera
Tracking and Management of Construction Projects using Primavera
IRJET Journal
Project Management: Cost Management Knowledge Area
Project Management: Cost Management Knowledge Area
Joshua Render
A CASE STUDY ON TIME AND COST DRIVEN FACTORS OF COMMERCIAL COMPLEX BY USING E...
A CASE STUDY ON TIME AND COST DRIVEN FACTORS OF COMMERCIAL COMPLEX BY USING E...
IAEME Publication
Earned value analysis for a construction project
Earned value analysis for a construction project
IAEME Publication
EARNED VALUE ANALYSIS FOR A CONSTRUCTION PROJECT
EARNED VALUE ANALYSIS FOR A CONSTRUCTION PROJECT
IAEME Publication
INFORMATION SYTEMS .docx
INFORMATION SYTEMS .docx
pauline234567
COST CONTROL AND TRACKING OF A BUILDING BY EARNED VALUE METHOD
COST CONTROL AND TRACKING OF A BUILDING BY EARNED VALUE METHOD
International Journal of Technical Research & Application
Quality metrics in project management
Quality metrics in project management
selinasimpson1601
IRJET- Planning and Scheduling Multi- Storeyed Residential Building using Mic...
IRJET- Planning and Scheduling Multi- Storeyed Residential Building using Mic...
IRJET Journal
IRJET- Prediction Model of Factors Causing Increase in Overhead Cost in C...
IRJET- Prediction Model of Factors Causing Increase in Overhead Cost in C...
IRJET Journal
Time, Cost, and Quality Trade-off Analysis in Construction Projects
Time, Cost, and Quality Trade-off Analysis in Construction Projects
IRJET Journal
Application of value engineering in construction
Application of value engineering in construction
Dr Ezzat Mansour
iEVM (Integrated Earned Value Management) An approach for integrating quality...
iEVM (Integrated Earned Value Management) An approach for integrating quality...
IRJET Journal
EVM Without Quality is Unsuitable for Software Project & Program Management
EVM Without Quality is Unsuitable for Software Project & Program Management
IRJET Journal
PMP Training - 07 project cost management
PMP Training - 07 project cost management
ejlp12
Day 7 Project Cost Management .pdf
Day 7 Project Cost Management .pdf
Madhusha15
IIRJET-Cost Control Techniques for Construction Project
IIRJET-Cost Control Techniques for Construction Project
IRJET Journal
IRJET- The Application of Value Engineering to Highway Projects and Programs
IRJET- The Application of Value Engineering to Highway Projects and Programs
IRJET Journal
IRJET- Developing Cost Prediction Model for Building Project
IRJET- Developing Cost Prediction Model for Building Project
IRJET Journal
Similar to Application of Earned Value Method and Delay Analysis on Construction Project to Analyse Cost and Schedule
(20)
Tracking a Typical Apartment Construction using Earned Value Management
Tracking a Typical Apartment Construction using Earned Value Management
Tracking and Management of Construction Projects using Primavera
Tracking and Management of Construction Projects using Primavera
Project Management: Cost Management Knowledge Area
Project Management: Cost Management Knowledge Area
A CASE STUDY ON TIME AND COST DRIVEN FACTORS OF COMMERCIAL COMPLEX BY USING E...
A CASE STUDY ON TIME AND COST DRIVEN FACTORS OF COMMERCIAL COMPLEX BY USING E...
Earned value analysis for a construction project
Earned value analysis for a construction project
EARNED VALUE ANALYSIS FOR A CONSTRUCTION PROJECT
EARNED VALUE ANALYSIS FOR A CONSTRUCTION PROJECT
INFORMATION SYTEMS .docx
INFORMATION SYTEMS .docx
COST CONTROL AND TRACKING OF A BUILDING BY EARNED VALUE METHOD
COST CONTROL AND TRACKING OF A BUILDING BY EARNED VALUE METHOD
Quality metrics in project management
Quality metrics in project management
IRJET- Planning and Scheduling Multi- Storeyed Residential Building using Mic...
IRJET- Planning and Scheduling Multi- Storeyed Residential Building using Mic...
IRJET- Prediction Model of Factors Causing Increase in Overhead Cost in C...
IRJET- Prediction Model of Factors Causing Increase in Overhead Cost in C...
Time, Cost, and Quality Trade-off Analysis in Construction Projects
Time, Cost, and Quality Trade-off Analysis in Construction Projects
Application of value engineering in construction
Application of value engineering in construction
iEVM (Integrated Earned Value Management) An approach for integrating quality...
iEVM (Integrated Earned Value Management) An approach for integrating quality...
EVM Without Quality is Unsuitable for Software Project & Program Management
EVM Without Quality is Unsuitable for Software Project & Program Management
PMP Training - 07 project cost management
PMP Training - 07 project cost management
Day 7 Project Cost Management .pdf
Day 7 Project Cost Management .pdf
IIRJET-Cost Control Techniques for Construction Project
IIRJET-Cost Control Techniques for Construction Project
IRJET- The Application of Value Engineering to Highway Projects and Programs
IRJET- The Application of Value Engineering to Highway Projects and Programs
IRJET- Developing Cost Prediction Model for Building Project
IRJET- Developing Cost Prediction Model for Building Project
More from IRJET Journal
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
IRJET Journal
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
IRJET Journal
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
IRJET Journal
Effect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil Characteristics
IRJET Journal
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
IRJET Journal
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
IRJET Journal
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
IRJET Journal
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
IRJET Journal
A REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADAS
IRJET Journal
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
IRJET Journal
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
IRJET Journal
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
IRJET Journal
Survey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare System
IRJET Journal
Review on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridges
IRJET Journal
React based fullstack edtech web application
React based fullstack edtech web application
IRJET Journal
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
IRJET Journal
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
IRJET Journal
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
IRJET Journal
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
IRJET Journal
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
IRJET Journal
More from IRJET Journal
(20)
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
Effect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil Characteristics
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADAS
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
Survey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare System
Review on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridges
React based fullstack edtech web application
React based fullstack edtech web application
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Recently uploaded
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
ranjana rawat
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
ranjana rawat
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
ranjana rawat
Roadmap to Membership of RICS - Pathways and Routes
Roadmap to Membership of RICS - Pathways and Routes
M Maged Hegazy, LLM, MBA, CCP, P3O
Decoding Kotlin - Your guide to solving the mysterious in Kotlin.pptx
Decoding Kotlin - Your guide to solving the mysterious in Kotlin.pptx
João Esperancinha
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Suman Mia
Porous Ceramics seminar and technical writing
Porous Ceramics seminar and technical writing
rakeshbaidya232001
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
Call Girls in Nagpur High Profile
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
SIVASHANKAR N
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls in Nagpur High Profile
Introduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptx
upamatechverse
Introduction to Multiple Access Protocol.pptx
Introduction to Multiple Access Protocol.pptx
upamatechverse
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
rknatarajan
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
Suhani Kapoor
College Call Girls Nashik Nehal 7001305949 Independent Escort Service Nashik
College Call Girls Nashik Nehal 7001305949 Independent Escort Service Nashik
Call Girls in Nagpur High Profile
Call Us -/9953056974- Call Girls In Vikaspuri-/- Delhi NCR
Call Us -/9953056974- Call Girls In Vikaspuri-/- Delhi NCR
9953056974 Low Rate Call Girls In Saket, Delhi NCR
MANUFACTURING PROCESS-II UNIT-5 NC MACHINE TOOLS
MANUFACTURING PROCESS-II UNIT-5 NC MACHINE TOOLS
SIVASHANKAR N
High Profile Call Girls Nagpur Meera Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Meera Call 7001035870 Meet With Nagpur Escorts
Call Girls in Nagpur High Profile
(ANVI) Koregaon Park Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANVI) Koregaon Park Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
ranjana rawat
DJARUM4D - SLOT GACOR ONLINE | SLOT DEMO ONLINE
DJARUM4D - SLOT GACOR ONLINE | SLOT DEMO ONLINE
slot gacor bisa pakai pulsa
Recently uploaded
(20)
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
Roadmap to Membership of RICS - Pathways and Routes
Roadmap to Membership of RICS - Pathways and Routes
Decoding Kotlin - Your guide to solving the mysterious in Kotlin.pptx
Decoding Kotlin - Your guide to solving the mysterious in Kotlin.pptx
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Porous Ceramics seminar and technical writing
Porous Ceramics seminar and technical writing
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Koregaon Park 6297143586 Call Hot Ind...
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Introduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptx
Introduction to Multiple Access Protocol.pptx
Introduction to Multiple Access Protocol.pptx
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
College Call Girls Nashik Nehal 7001305949 Independent Escort Service Nashik
College Call Girls Nashik Nehal 7001305949 Independent Escort Service Nashik
Call Us -/9953056974- Call Girls In Vikaspuri-/- Delhi NCR
Call Us -/9953056974- Call Girls In Vikaspuri-/- Delhi NCR
MANUFACTURING PROCESS-II UNIT-5 NC MACHINE TOOLS
MANUFACTURING PROCESS-II UNIT-5 NC MACHINE TOOLS
High Profile Call Girls Nagpur Meera Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Meera Call 7001035870 Meet With Nagpur Escorts
(ANVI) Koregaon Park Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANVI) Koregaon Park Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
DJARUM4D - SLOT GACOR ONLINE | SLOT DEMO ONLINE
DJARUM4D - SLOT GACOR ONLINE | SLOT DEMO ONLINE
Application of Earned Value Method and Delay Analysis on Construction Project to Analyse Cost and Schedule
1.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3204 Application of Earned Value Method and Delay Analysis on Construction Project to Analyse Cost and Schedule Rudresh L.1, Shashank U. Vanakudari 2 1P.G students, M. Tech, Department of Civil Engineering, Jain College of Engineering, Belagavi, Karnataka, India 2Assistant Professor, Department of Civil Engineering, Jain College of Engineering, Belagavi, Karnataka, India ----------------------------------------------------------------------***--------------------------------------------------------------------- ABSTRACT – In construction industry there are many confrontations and increasing day to day. Above all this confrontation a very important is to improve the performance of the project with reference to cost and schedule to overcome this confrontations. To achieve this one of the best tool is earned value methodology to analyse and measure performance of construction project. It is helpfulinmeasuring progress and determining unfavourable issues. And delay analysis is a process of analysing the project delay, helps finding the root causes for the delay in project. Both earned value and delay analysis is carried out using Microsoft project software program. The main object of this project work is to measure the performanceandanalysetheconstructionproject with respect to cost and schedule. For this project work a delayed construction project was selected as a case study to carryout analysis to knowperformanceofconstructionproject and to find the critical issues respect to cost and schedule and delay analysis to find the variance in duration and root causes for the delay in project. Key Words: Earned Value Management, Earned Value Analysis (EVA), Delay Analysis, MS Project 1. INTRODUCTION In an increasingly challenging world, the markets have an intense contest, customer satisfaction had increased the central pivot of many company of construction industry and they want to be successful. The fulfilment not only comes from the quality and performance but also through timeand cost indices in construction. Now a days the environment and social issues are rising so, to minimize the wastage a good allocation of resources is important. Construction field is one of the most important sector in development of countries like India. This faces challenges day to day. Contribution from this field to growth of a country’s economy to a large extent. The construction project main issue with a project time and cost overturn. This caused by the various reasons, so results in project budget overturns and cannot complete the project in scheduled time. In spite of many decades of practice and academic attention project performance, remains problematic, verifiable evidence suggests that projects do not generally achieve the required scope, are frequently delay, and perform badly on quality of deliverables as well as on cost budgets. In construction industry, delay is project beyond the completion date as stated in the contract agreement. It is beyond the planned schedule and it is one of the common problems in construction projects. It is important to find the actual reasons or causes in project delay because to control the delay in project future and minimize delay in upcoming projects which results in cost over turn. As per PMBOK to determine the cost and schedule variation, the earned value management is one of the tools used. In this project, my important target is to study earned value method as a monitoring and controlling tool to check the progress track. By doing this we get the proper costs and time related viewpoint of the project at the particular stage. In addition, can forecast that time required in the future completion of project and calculates the cost required for continuing the project in best planed pace. Also studyingthe common issues in construction project delay.Iftheprojectis not in planned pace. Finding the root causes for delay in project. 2. TERMINOLOGIES 2.1 Earned Value Management Earned value management (EVM) is a method that is a combination of scope, schedule and resourcemeasurements to help project performance and its progress. It is a widely used method ofperformance measurementforprojects.EVM is valuable technique to find the real gains and losses on projects and helps in providing sort to balance profit/losses and minimize losses. It is a powerful tool to control concurrently cost and physical performance. The project managers and management can track possible areas that area susceptible to risk. They can create plans suitability. In short earned valve methodology takes care of problems through timely remedial actionbeforetheybecometoogreat to overcome. 2.2 Earned Value Parameters Current fields that measures different features of earned value are the earned value fields. There are mainly 3 terms, which identify earned value concept. Planned Value: PV or budgeted cost of work scheduled it measures budgeted cost of individual tasks/activesbased on the resources and fixed costs that are assignedtotaskswhen schedule them.
2.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3205 Earned Value: EV or known as budgeted cost of work performed indicates how much of a project or task/ activity budget should have spent, given the actual duration of the project or tasks/ activities date. It is also an approx. value of physical work actually completed. Actual Cost: AC or known as actual cost work performed. Measures the actual cost that incurred to completion of project or task. During the completion process, Actual cost indicates the actual costs for work performed through the projects status date. Fig.-1 General representation of EV, PV & AC in Graph. I) Variances Cost Variance: Cost variance, (CV) is a comparison of budgeted cost of work performed, EV with actual cost, AC. It is calculated using CV = EV – AC A negative (-) cost variance means the project is overbudget that is performing the work cost more than planned. The causes for this may be analysed and suitable right measures can be initialled to bring back the project on budget. When it happens, the project managers or team will know that costs is going over the planned budget. A positive (+) cost variance means that the project progress is at cost less than planned budget. This good sign shows the project is progressing as planned. Cost Variance (CV %): Cost variance (CV %) is a project mathematically calculates CV% by CV Divided by EV and multiplied by the 100. CV % = CV / EV X 100 Schedule Variance: Schedule variance (SV) is the comparison of quantity of work performed during a given period of time to what has scheduled to be performed. It is also represented in percentage (%). It is given by SV = EV – PV A negative (-) schedule variance indicates the project is behind planned schedule, means took more time than planned to complete the work. Also if a positive (+) schedule variance that the project is ahead of planned schedule, means took less time than planned to complete. Schedule Variance (SV%): Schedule variance, (SV %)is a project mathematicallycalculatesCV%bySVDivided byPV and multiplied by the 100. SV % = SV / PV X 100 II) Performance Indices a) Cost performance index (CPI): Cost performance index (CPI is used to calculate the project cost to complete the project basis on performance to date. CPI = EV / AC CPI > 1 (If CPI greater than 1 means that project is over budget) CPI < 1 (If CPI lesser than 1 means that project is under budget) CPI = 1 (If CPI equals to 1 means that project’s planned and actual costs are some) b) Schedule performance index (SPI): Schedule performance index (SPI) is used to calculate the estimated time to complete the project based on the performance to date. It is given by: SPI = EV / PV SPI > 1 (If SPI greater than 1 means that project is ahead schedule) SPI < 1 (If SPI lesser than 1 means that project is behind schedule) SPI = 1 (If SPI equals to 1 means that project is on schedule) III) Forecasting Indicators a) Estimation at Completion (EAC): It is sum of actual cost till date and the estimated cost for the other remaining task in project. It is given by. EAC = Actual Cost (AC) + Estimate to complete (ETC) OR EAC = Budget at Completion / Cost Performance Index Based on the above formula the Microsoft project calculates the Estimate at Competition. It is baseline cost that the planned cost for a task in project, a resource for all allocated tasks or for activity to be performed by the resource on a task. b) Estimation to complete (ETC): It is the difference between and Estimate at Completion (EAC) and budget at completion (BAC) or Actual cost. Thisisestimatedadditional cost to complete the project at any point time of project. ETC = EAC - AC
3.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3206 c) Variance at completion (VAC): It is the difference between Budget at completion (BAC) and Estimate at Completion (EAC). The value by which the project will be under or over budget. VAC = BAC - EAC 3. METHODOLOGY Fig.-2: Flowchart showing the methodology of this project work. Firstly, the existing research, analysis study on earned value analysis, which have earlier done, are collected. Secondly the collection of cost and schedule data of an real project which is to analysed under progress, so that earned value analysis can be made and conclusion can be given to the on/future of the project. Thirdly, creating the project in MSP, entering the data collected about the project in the analysis software and defining the work breakdown structure (WBS). Than it is to start tracking the project and keep a look on the progress of different task/activities in project. The next approach is to run the analysis on a particular date, later by using the Microsoft Project software, the earned value analysis is carried out. In this approach, follow progress report on different status dates. The report may contains crucial activities,activitiesin progress, budgeted and actual of cost and schedule. In final approach giving suitable conclusion on the schedule and cost index obtained after earned value analysis and delay analysis from Microsoft Project software. 3.1 Creating a Project for Data Analysis Data analysis can be done manual or digitally by using software program. In manual method the project management team or project control & monitoring staff analysis the data, but it is complex process there can be human errors. So by using project analysing software tool like Microsoft project, primavera etc. the complex process can be simplified, accuracy in analysis is achieved. 3.2 MS Project MSP is one of the project management software program. It is created, developedand marketed byMicrosoft. It is designed to assist the project management team or managers in improving plan, resources assigning to tasks, tracking progress,budgetsmanagement,workloadsanalysis. In this project, the case study analysis is carried out using Microsoft project professional 2013 version. The steps involved in the Microsoft project softwarefor project earned valve analysis. The step are below, 1. Creating and initiation project 2. Creating project calendar 3. Entering task and its relationships 4. Defining work breakdown structure 5. Assign resources, its analysis and levelling 6. Progress Tracking 7. Earned value analysis 8. Publishing reports 4. CASE STUDY-DATA ANALYSIS AND INTERPRETATION The main intention of this case study is to analyse and study the earned value parameters and come to a conclusion. 4.1 Analysis of Tracking Project’s Progress Report The details of tracking progress of complete project various tasks are executed till that status date. On status date i.e. February 2017 the tracking project’s progress, showing 98 % complete of work in project. Whereas at this date project should have completely finished, but there was a delay. Therefore, from this tracking project’s progress it comes to know that project was behind the schedule and delay in project delivering. From this progress tracking is can be concluded the project is running 2% behind the schedule. So it can be concluded that the project was delayed. 4.2 Analysis for Complete Construction Work The Budget at competition (BAC) cost for various tasks of D- mart project was around Rs.76.9 lakhs. The planned value (PV) was around Rs.68. 78lakhs, the Actual cost (AC) was about Rs.80.23 lakhs. And the Earned value (EV) was around Rs.68.36 lakhs is recorded from the project tracking report.
4.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3207 Graph-1: Graphical representation of PV, EV & AC By Earned value parameters interpretation, the CV around Rs.-11.86 lakhs & SV around Rs.-0.41 lakhs these values and CV% is -17% & SV% is -1%. These CV and SV values conclude at this project execution is behind the planned schedule and cost overturn. Graph-2: Graphical representation of CV & SC The Cost performance index, (CPI) was 0.85 and Schedule performance index (SPI) was around 0.99. The value indicates this project is foregoing over planned cost and behind the planned. Graph-3: Graphical representation of CPI and SPI The EAC cost may be Rs.90.02 lakhs. The foreseen value indicates the expected complete project cost The VAC cost was around Rs.-13.34 lakhs. This foreseen value indicates cost overruns at this project completion. The calculated ETC cost was around Rs.10.02 lakhs. This foreseen value indicates the additional required cost for completing the remaining work of the project. Graph-4: Graphical representation of forecasting indices The contract agreement was item rate contract. The contractor intention was to complete the project in less amount than the contract agreement amount to make profit. So he spent less amount, but due to reasons mention in analysis part Above values it can be concluded that he did not complete the project in his planned budget and makemuchprofitfrom this project. Table -1: Details of Analysis on EVM parameters of construction work in project Planned value Rs.6,878,348.93 Earned value Rs.6,836,818.52 Actual costs Rs.8,023,352.93 Cost performance index 0.85 Schedule performance index 0.99 Cost variances Rs.-1,186,534.41 Cost variances % -17% Schedule variances Rs.- 41,530.42 Schedule variances % -1% Budget at completion Rs.7,691,062.08 Estimate at completion Rs.9,025,856.79 Estimated to completion Rs.1,002,503.86 Variance at completion Rs.-1,334,794.71
5.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3208 4.3 Delay Analysis for Complete Construction Tasks The obtained data from the MSP analysis indicating the below values. The tracking of project’s progress at particular status date February 2017 is 98% completed. The planned duration for executionofwork was224.13days (7.5months), but actual duration took for execution was 258.59 days (8.5 months). At current status date the project was 253.65days only 4.94 days left to complete the remaining works. The planned schedule date was 15/6/16 to 28/1/17 but actual schedule was 15/6/16 to 04/03/17. The start variances of project is 0 days and finish variances of project 34.46 days. Graph-5: Graphical representation for variances in duration of project. By above values it concludes that the project was started on schedule date, but project is delayed by 34.46 days (nearly a month). Table - 2: Details of Analysis on delay in construction work in project Planned duration for project 224.13 days Actual duration to complete project 258.59days Remaining duration left to complete remaining work 4.49 days Planed dates 15/6/16 to 28/1/17 Actual dates 15/6/16 to 04/03/17 Start variance 0 days Finish variance 34.46 days 4.5 Main Causes for the Project Delay Client and contractor related causes 1. Late in receiving and approving drawing/designs and inadequate details and unclear doubts in drawing and also Delay in getting permits and orders from higher authorities. 2. Change design and plan in drawing during construction. 3. Ineffective planning and scheduling of activities in project and Poor communication and coordination of engineers and labours 4. Delay by other contractors work in project i.e. (pre- fabricated structure erection and MEP contractors) and sub-contractor (waterproofing). 5. The structural work contractor spent less money than budgeted cost for execution of works. Material, Equipment and Labour related causes 1. Delay in material and equipment delivery and procurement i.e. (m-sand, p-sand, AAC blocks, clay bricks, and formwork and its other materials, earthwork machines) 2. Equipment and machinesbreakdownsandshortage 3. Low productivity and efficiency of equipment and shortage and low skill of labours 4. Improper communication and coordination between labours 5. Improper payments for labours by their head i.e. (maestri, sub-contractor) 6. Depend on the fresher’s and less experienced personal to bear project. External factors related causes 1. Extreme rainfall effecting on construction, Delay causes by the services from utilities i.e. (electricity and water) 2. Delay in getting permission from city Municipal Corporation. 3. Site location and resource availability, High quality of work execution. 4. Demonetization effected on contractors financial payments for labour and staff. 4.6 Effects of Delay on Project 1. Delay in project effected the time and cost overrun of construction work in project 2. Disputes between the contractor and client project managers. 3. The contract agreement was item rate contract.The contractor wanted to complete the project in less cost than the contract agreement. Therefore, he spent less amount than budgetedamountbutdueto reasons mention above. He could not complete the project in his planned budget. He could not make much profit from this project. 4.7 Minimizing and Controlling Duration and Cost in Project 1. Adopt 24 hours per day working calendar. They have done this as they have to finish the project within the deadline. Alternative working hours.
6.
International Research Journal
of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 3209 2. Clear coordination and communication between client, contractor and with labour the delay in this project could be controlled. 3. Correct emphasis on past experience, considering the practical experience in past for delay causing issues. The experiencedpersonnel’sandstaffshould be appointed. They can easily handle and control delay by their past experience. Also Include more skilled labours 4. The contractor should have accurately estimated the budgeted cost at beginning considering all circumstances. He would have reached his financial intention on this project. 5. During bad weather conditions alternativeworking period should be planned, 6. Proper project planning and scheduling by considering and studying all factors effecting work could reduce the delay and increase best results. 7. Improved site management and supervision with staff the executing can be monitored and delay could be minimized. In addition, motivating labour and workers to complete task on schedule. 8. Plan and analysing the requirement in details. 5. CONCLUSION This analysis enables project management or mangers to know the information about project and its every activity. Therefore, the project team can be aware of which parameters are causing more schedule and cost overturn. The client, owner and contractor will get information regarding the cost overrun and schedule overturn. The analysis calculates the variances in project and foresees the variance of every activity at the completion of project. The notable factor of this analysis is it will track right values of the work progress. After obtaining data from the analysis, the project team and managers can discuss and indicate the notable issues and they can take corrective actions. By using this software program, the delay analysis of project can be evaluated. Therefore, the project managers and team may get to know the status of the project and can minimize and control the ongoing project delay or in future project. The project performance can be measured by using earned value analysis with respect to cost and duration. It helps in finding the project status. The project execution related to schedule, project execution as per the original planned schedule. By Case study analysis, the project actual financial return investment for the work done is found out. This EVM gives better understanding related to cash flow. The final completion time of project alongwithloss/profitto the contractor is predicted. Case study enables that monitoring the progress of work in terms of cost and schedule can be carried out effectively. By delay analysis on project helps in finding, the actual tasks that resulted in causing delay in project and identifying the root cause for the delay in execution of tasks. The project team and managers can discuss and indicate the notable issues and they can take corrective actions. Case study enables that delay analysis is useful for project managers and team to know the status of the project. Moreover, can minimize and control the ongoing project delay or in future project. REFERENCE [1] Aditi Dinakar, Delay Analysis in Construction Project, ISSN: 2250-2459, Vol. 4, Issue 5, May 2014 [2] Ankur Verma, K.K. Pathak, R K Dixit, Earned Value Analysis of Contruction Project at Rashtriya Sanskrit Sansthan, Bhopal, ISSN: 2319-875, Vol. 3, Issue 4, April 2014 [3] Antony Prasanth M A and K ThirumalaiRaja,Project Performance Evaluation by Earned Value Method, ISSN 2319-8753, Vol 3, Issue 1, Feb 2014. [4] Anuj Bubey, Earned Value Analysis for a Construction Project, ISSN: 0976-6316, Vol. 6,Issue 6, June 2015, pp. 53-66 [5] Mohd Faris Khamidi, Waris Ali Khan and Arazi Idrus, The Cost Monitoring of Construction Projects through Earned Value Analysis, Vol 4, 2011 [6] MSP Foundation Reference guide, CADD Centre Training Services Private Limited, August 2015 [7] Radhika Gupta, Earned value Management System, ISSN-2349-4409, Vol 2, Issue 4, July 2014, pp 160- 165. [8] Sandhya Suresh and Ganapathy Ramaswamy N, Analysis of Project PerformanceUsingEarnedValue Analysis, Vol. 4, Issue 4, April 2015 [9] Shatanand Patil, Akshay Patil and Prof. Pramila Chavan, Earned value management for Tracking Project Progress, ISSN: 2248-9622, Vol. 2, Issue 3, May 2012, pp. 1026-1029 [10] Sunil Ganpat Mahadik andPankajP.Bhangale,Study & Analysis of Construction Project Management with Earned Value Management System, ISSN: 2278-3075, Volume-3, Issue-4, Sep.2011
Download now