2021
DOI: 10.1061/(asce)la.1943-4170.0000481
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Decision-Aid Frameworks for Earned Value Measurement or Assessment by the Construction Contract Engineer

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Cited by 2 publications
(2 citation statements)
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“…With these three core dimensions, one can calculate cost variance (CV = EV − AC), schedule variance (SV = EV − PV), cost performance index (CPI = EV/AC), and schedule performance index (SPI = EV/PV) to assess the project performance at a given time ( 9 ). PV can be derived from the planned S-curve based on the project baseline schedule submitted by contractors, and AC and EV can be obtained from progress schedules also submitted by contractors ( 10 ).…”
Section: Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…With these three core dimensions, one can calculate cost variance (CV = EV − AC), schedule variance (SV = EV − PV), cost performance index (CPI = EV/AC), and schedule performance index (SPI = EV/PV) to assess the project performance at a given time ( 9 ). PV can be derived from the planned S-curve based on the project baseline schedule submitted by contractors, and AC and EV can be obtained from progress schedules also submitted by contractors ( 10 ).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The PV is the budgeted value (cost, quantity, or work hours) of the work scheduled. In an ideal environment, PV can be retrieved from a cost and resource-loaded baseline schedule that shows a time-phased planned progress curve ( 10 ). For some projects, contract provisions may require contractors to submit a schedule of values, which can serve as PV as well ( 4 ).…”
Section: Eva Application Framework For Dotsmentioning
confidence: 99%