Application of the EVM method and its extensions in the implementation of construction objects
Surpassing of the planned budget and delivery time is a common feature during the implementation of building investments in Poland. Only a small number of companies use effective methods of project monitoring during investment performance. One of the popular tools used to control projects with regar...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2016-04-01
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| Series: | Engineering Structures and Technologies |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/EST/article/view/2806 |
| _version_ | 1818322143758254080 |
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| author | Aneta Ziółkowska Mieczysław Połoński |
| author_facet | Aneta Ziółkowska Mieczysław Połoński |
| author_sort | Aneta Ziółkowska |
| collection | DOAJ |
| description | Surpassing of the planned budget and delivery time is a common feature during the implementation of building investments in Poland. Only a small number of companies use effective methods of project monitoring during investment performance. One of the popular tools used to control projects with regard to cost and time is the earned value method (EVM). There is, however, no detailed guidance how to deploy the method to the specific characteristics and conditions during the execution of building investments. This fact has contributed to this paper, which presents the results of application and adaptation of the earned value method (EVM) and its further extensions in the control of building projects during their execution (with regard to cost and time), prediction of the final duration and costs, and presentation of the effects resulting from calculations. The analyses were performed in terms of the contractor for 5 selected completed and ongoing building projects in Poland. |
| first_indexed | 2024-12-13T10:52:07Z |
| format | Article |
| id | doaj.art-c794fbf24a744f939ecb69496afe8f9e |
| institution | Directory Open Access Journal |
| issn | 2029-882X 2029-8838 |
| language | English |
| last_indexed | 2024-12-13T10:52:07Z |
| publishDate | 2016-04-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Engineering Structures and Technologies |
| spelling | doaj.art-c794fbf24a744f939ecb69496afe8f9e2022-12-21T23:49:47ZengVilnius Gediminas Technical UniversityEngineering Structures and Technologies2029-882X2029-88382016-04-017410.3846/2029882X.2016.1152168Application of the EVM method and its extensions in the implementation of construction objectsAneta Ziółkowska0Mieczysław Połoński1Department of Geotechnical Engineering, Faculty of Civil and Environmental Engineering, Warsaw, PolandDepartment of Geotechnical Engineering, Faculty of Civil and Environmental Engineering, Warsaw, PolandSurpassing of the planned budget and delivery time is a common feature during the implementation of building investments in Poland. Only a small number of companies use effective methods of project monitoring during investment performance. One of the popular tools used to control projects with regard to cost and time is the earned value method (EVM). There is, however, no detailed guidance how to deploy the method to the specific characteristics and conditions during the execution of building investments. This fact has contributed to this paper, which presents the results of application and adaptation of the earned value method (EVM) and its further extensions in the control of building projects during their execution (with regard to cost and time), prediction of the final duration and costs, and presentation of the effects resulting from calculations. The analyses were performed in terms of the contractor for 5 selected completed and ongoing building projects in Poland.https://journals.vgtu.lt/index.php/EST/article/view/2806building objectproject controlcost and delivery timeearned value methodEVMestimation of time and cost |
| spellingShingle | Aneta Ziółkowska Mieczysław Połoński Application of the EVM method and its extensions in the implementation of construction objects Engineering Structures and Technologies building object project control cost and delivery time earned value method EVM estimation of time and cost |
| title | Application of the EVM method and its extensions in the implementation of construction objects |
| title_full | Application of the EVM method and its extensions in the implementation of construction objects |
| title_fullStr | Application of the EVM method and its extensions in the implementation of construction objects |
| title_full_unstemmed | Application of the EVM method and its extensions in the implementation of construction objects |
| title_short | Application of the EVM method and its extensions in the implementation of construction objects |
| title_sort | application of the evm method and its extensions in the implementation of construction objects |
| topic | building object project control cost and delivery time earned value method EVM estimation of time and cost |
| url | https://journals.vgtu.lt/index.php/EST/article/view/2806 |
| work_keys_str_mv | AT anetaziołkowska applicationoftheevmmethodanditsextensionsintheimplementationofconstructionobjects AT mieczysławpołonski applicationoftheevmmethodanditsextensionsintheimplementationofconstructionobjects |