Level: Intermediate
TCM Section(s):
7.1. Project Scope and Execution Strategy Development
8.1. Project Control Plan Implementation
Venue: 2023 AACE International Conference & Expo
Abstract: There are different methods to measure and report on the progress using earned value management. Each method has its advantages and disadvantages. The author believes we are still far from reaching a consensus on precisely which progress measurement method or methods to use for the linear construction industry. In absence of such a recommendation, there is always a debate between the contractor and the owner before these rules of measurement are agreed upon. This paper uses a linear construction project as a case study to evaluate the performance using the different earned value measurement methods and to provide recommendations on the appropriate method that will help the construction industry. Readers of this paper will benefit by understanding the limitations of each measurement method and the advantages of using the recommended method as applied to the linear infrastructure construction industry.
TCM Section(s):
7.1. Project Scope and Execution Strategy Development
8.1. Project Control Plan Implementation
Venue: 2023 AACE International Conference & Expo
Abstract: There are different methods to measure and report on the progress using earned value management. Each method has its advantages and disadvantages. The author believes we are still far from reaching a consensus on precisely which progress measurement method or methods to use for the linear construction industry. In absence of such a recommendation, there is always a debate between the contractor and the owner before these rules of measurement are agreed upon. This paper uses a linear construction project as a case study to evaluate the performance using the different earned value measurement methods and to provide recommendations on the appropriate method that will help the construction industry. Readers of this paper will benefit by understanding the limitations of each measurement method and the advantages of using the recommended method as applied to the linear infrastructure construction industry.