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Analysis of Cost and Schedule Performance of Residential Building Projects by EVM TechniqueBy Antony Prasanth MA, Thirumalai Raja K
Abstract: Earned value management (EVM) is a project control technique which provides a quantitative measure of work performance by cost and schedule monitoring. It involves a crediting (earning) of budget as scheduled work is performed. The EVM technique is a proven method to evaluate work progress in order to identify schedule slippage and areas of budget overruns. Value earned for a given task is computed as budgeted cost of work performed …
Published in Journal of Construction Engineering, Technology & Management · Vol. 4, Issue 1, 2014 · pp. 1–7 Read article →