A STUDY ON THE EFFECTIVE CONSTRUCTION MANAGEMENT USING EARNED VALUE MANAGEMENT SYSTEM

Abstract

The construction process has a long lifecycle, involving; a planning phase, investigation phase, designing phase, tendering & contracting phase, construction phase, maintenance and renovating phase. Within this lifecycle, the construction phase particularly requires the use of significant quantities of construction materials, machines, manpower and capital within relatively short period. Therefore, to ensure outputs are optimized, and all expectations of project proponents are achieved, effective and efficient management strategies and methodologies must be adopted.An Earned Value Management System (EVM) is an integrated concept which can be applied to manage construction cost and time as conceived by the Department of Defense (USA), and subsequently widely adopted throughout the world by many governmental organizations andprivate enterprises. The use of EVM has also been made more available through the providers of mainstream project management software, such as “Primavera Project Planner” and “MS Project”, by the inclusion of EVM functions within their systems.Our paper considers on the relationship between construction resources and programme through analysis of a resourced network model and application of Graph Theory “between-ness index” to determine important key activities. The output from our analysis has then been applied as a prototype on an oversea project, to weight the planned value of the EVM in line with the identified key activities. The practical effectiveness of our proposed EVM was thereafter monitored verified and validated through a series of extensive and robust physical site trials, with positive results and conclusions.