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2013•Journal of Engineering ManagementRequires access

Comprehensive Performance Evaluation of Construction Project Based on Improved Earned Value Method

Qiang Mu

Open publisher page 2 citations

Abstract

The results of the traditional earned value method cannot do a detailed deviation analysis in the practice of project.Based on the differences between the schedule tasks and the new tasks and the discrimination of the concepts of the three basic parameters(BCWS,BCWP,ACWP),some new basic parameters and the deviation analysis indicators are presented.A practical example shows that the improved earned value method is raised to rich the deviation analysis of project performance about its schedule and its cost.

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What this paper is about

The results of the traditional earned value method cannot do a detailed deviation analysis in the practice of project.Based on the differences between the schedule tasks and the new tasks and the discrimination of the concepts of the three basic parameters(BCWS,BCWP,ACWP),some new basic parameters and the deviation analysis indicators are presented.A practical example shows that the improved earned value method is raised to rich the deviation analysis of project performance about its schedule and its cost.

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Available abstract

The results of the traditional earned value method cannot do a detailed deviation analysis in the practice of project.Based on the differences between the schedule tasks and the new tasks and the discrimination of the concepts of the three basic parameters(BCWS,BCWP,ACWP),some new basic parameters and the deviation analysis indicators are presented.A practical example shows that the improved earned value method is raised to rich the deviation analysis of project performance about its schedule and its cost.

Key concepts: Earned value management, Schedule, Value (mathematics), Computer science, Operations research, Statistics, Reliability engineering, Engineering

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