A multivariate approach for top-down project control using earned value management

Colin, Jeroen; Martens, Annelies; Vanhoucke, Mario; Wauters, Mathieu

doi:10.1016/j.dss.2015.08.002

Cited by 42 publications

(14 citation statements)

References 49 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…EVM technique has been applied to assist several construction activities such as project monitoring [9]- [13], performance measurement [10], [13]- [15], prediction process [14], risk analysis [16], project controlling [9]- [13], [15]- [17], cost control [9], [11]- [13], [15], etc Previous studies have also carried out the use of project control methods involving EVM and critical buffer management (CBM) methods to improve analysis performance to make it more reliable [17]. However, so far, multiple impact analysis through EVM has never been applied comprehensively for multiple complex projects such as analyzing the impact of delaying one critical work (e.g.…”

Section: Methodsmentioning

confidence: 99%

Multiple Impact Analysis of Piling Work on High Way Projects Using the Evm Method

Khosiin

Gumanti

Muktiyanto

et al. 2022

JCT

View full text Add to dashboard Cite

A toll road is one of the economic growth facilities of a country, Indonesia in the last seven years has succeeded in building 1900 km and one of them is Trans-Java. The Gempol-Pasuruan section-2 toll road project is a densely populated route and there are many intersections in the form of roads and rivers so there are many overpass or underpass structures in the project. Although the bridge structure is a sub-project of the main road, if the productivity does not perform well, it will have a significant impact on the overall progress. Therefore, this study wants to analyze the multiple impacts of one of the critical works of the bridge project, such as the pilling work on the total toll road progress through the earn value management (EVM) method. EVM is a technique that is quite popular both among practitioners and academics; however, analysis of complex projects (main projects-sub projects) has never been carried out in-depth and it will be a unique challenge in this study. There are four steps in this research, the first step is project scheduling in which the engineer can use the previous database to prepare the work breakdown structure (WBS), work sequences, and project duration. The second step is the critical path process, at this stage, a slack analysis is carried out for each activity, and setting a network diagram to generate critical paths for the toll-bridge project. Resource management is the third step that involves a lot of documents from the market and internal databases, starting with assigning resources, inputting quantity and unit prices, and doing the leveling process so that the supply chain runs well. The last step is the earn value process, at this stage, the engineer only needs to input the project progress, set the baseline, and finally get the earn value project and project performance index consisting of SPI (schedule) and CPI (cost). Finally, after going through several stages of research, it has been proven that the pilling work is on a critical path and several scenarios must be carried out to maintain its productivity. Then, the average SPI value is 0.94 < 1, while the SPI value is 1 which means that the Gempol-Pasuruan section-2 toll road project is experiencing delays and is within the project budget. In conclusion, the application of the EVM method on MS. Project 2013 is able to evaluate complex projects well and several potential technologies can also be considered in further study to improve the performance.

show abstract

Section: Methodsmentioning

confidence: 99%

Multiple Impact Analysis of Piling Work on High Way Projects Using the Evm Method

Khosiin

Gumanti

Muktiyanto

et al. 2022

JCT

View full text Add to dashboard Cite

show abstract

“…Further research efforts focused on generating warning signals for delayed projects (Martens and Vanhoucke 2017;Colin et al 2015).…”

Section: Project Monitoring and Controlmentioning

confidence: 99%

Integrating Corrective Actions in Project Time Forecasting Using Exponential Smoothing

Martens

Vanhoucke

2020

J. Manage. Eng.

Self Cite

View full text Add to dashboard Cite

Earned Value Management (EVM) and Earned Duration Management (EDM) are established methodologies to monitor the project performance during execution. These methods serve as a basis to forecast the final project duration and/or project cost. The aim of this paper is to improve the accuracy of project time forecasting by extending exponential smoothing for project time forecasting using EVM and EDM with the integration of corrective actions that are taken during project progress. In order to evaluate the forecasting accuracy of this approach, eight projects conducted in recent years have been followed up in real-time. Based on the nature of the observed corrective actions, six distinct categories of corrective actions are identified. The empirical experiment showed that explicitly integrating the occurrence of corrective actions into the forecasting process improves the forecasting accuracy of traditional forecasting methods and forecasting methods using standard exponential smoothing, especially for the middle and late phases of projects. Consequently, by including corrective actions in the forecasting process, project managers can predict the final project duration more accurately.

show abstract

“…In addition, with some notable exceptions, there is still a paucity of empirical studies focused on the experiences of using EVA on live projects and an over-reliance on anecdotal data when selling its benefits. Much of the recent EVA literature is conceptual in character, looking to refine and extend, with illustrative examples or simulations, the EVA techniques (see, for example, Chen et al, 2016, Acebes et al, 2015, Colin, et al, 2015and Narbaev and De Marco, 2014. Whilst such work is worthy, the need for empirical work on the topic provides a rationale for this paper, which seeks to answer the research question: What are the conditions of success for EVA-based methods for performance measurement in project environments?…”

Section: Introductionmentioning

confidence: 99%

Conditions of success for earned value analysis in projects

Bryde

Unterhitzenberger

Joby

2018

International Journal of Project Management

View full text Add to dashboard Cite

Earned Value Analysis (EVA) is a method that has gained traction in some business sectors to report project progress and help control performance. Yet the literature reports mixed results as to its effectiveness in helping deliver successful projects and, additionally, much of the previous studies on the topic is conceptual in nature focusing on the design of the EVA system. We therefore extend knowledge on EVA by analysing the impact of EVA on the levels of success of two projects that utilised the method. This is done through the prism of agency and organisational justice theories. A framework is proposed of EVA conditions of success, incorporating both design and operational aspects of the EVA system. The framework is used to develop testable propositions that can guide further research into the effects of EVA-based systems on the creation of agency-related characteristics in the project environment that are conducive to project success.

show abstract

A multivariate approach for top-down project control using earned value management

Cited by 42 publications

References 49 publications

Multiple Impact Analysis of Piling Work on High Way Projects Using the Evm Method

Multiple Impact Analysis of Piling Work on High Way Projects Using the Evm Method

Integrating Corrective Actions in Project Time Forecasting Using Exponential Smoothing

Conditions of success for earned value analysis in projects

Contact Info

Product

Resources

About