The Application of Earned Value Management (EVM) in Construction Project Management

Earned Value Management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress, it involves the integration of the three key elements of project which are schedule, work scope, and cost. Based on the literatures, various benefits ha...

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Main Authors: Tan, Chin Keng, Najihah , Shahdan
Format: Article
Language:English
Published: Penerbit UTHM 2015
Subjects:
Online Access:http://irep.iium.edu.my/46344/
http://irep.iium.edu.my/46344/
http://irep.iium.edu.my/46344/1/1096-4114-1-PB.pdf
id iium-46344
recordtype eprints
spelling iium-463442016-05-12T01:17:10Z http://irep.iium.edu.my/46344/ The Application of Earned Value Management (EVM) in Construction Project Management Tan, Chin Keng Najihah , Shahdan HD28 Management. Industrial Management TH4021 Buildings. Construction with reference to use. Earned Value Management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress, it involves the integration of the three key elements of project which are schedule, work scope, and cost. Based on the literatures, various benefits have been associated with the use of EVM in project management. However, there is only a few of researches that have discussed EVM practices in Malaysia construction industry. Therefore, it is found to be insufficiency of documented EVM implementation in Malaysia construction projects. The lack of researches may discourage EVM awareness and its utilization by the construction professionals and practitioners. The objectives of this study are to determine the level of awareness on EVM among construction practitioners in Malaysia and to investigate whether EVM is been applied in Malaysia construction projects. For the purpose of data collection, this research applied questionnaire survey technique with 33 samples. This findings of this study reveal that key players in construction industry have very low level of awareness on EVM. The study identified that the key players in Malaysia construction industry have applied some parts of EVM concepts during construction projects but the application is not found to be intensive. It is recommended that much efforts to be made in order to enhance the awareness and increase the level of application on EVM among the key players in the construction industry. Penerbit UTHM 2015-12-14 Article PeerReviewed application/pdf en http://irep.iium.edu.my/46344/1/1096-4114-1-PB.pdf Tan, Chin Keng and Najihah , Shahdan (2015) The Application of Earned Value Management (EVM) in Construction Project Management. Journal of Technology Management and Business, 2 (2). pp. 1-11. ISSN 2289-7224 http://penerbit.uthm.edu.my/ojs/index.php/jtmb/index
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HD28 Management. Industrial Management
TH4021 Buildings. Construction with reference to use.
spellingShingle HD28 Management. Industrial Management
TH4021 Buildings. Construction with reference to use.
Tan, Chin Keng
Najihah , Shahdan
The Application of Earned Value Management (EVM) in Construction Project Management
description Earned Value Management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress, it involves the integration of the three key elements of project which are schedule, work scope, and cost. Based on the literatures, various benefits have been associated with the use of EVM in project management. However, there is only a few of researches that have discussed EVM practices in Malaysia construction industry. Therefore, it is found to be insufficiency of documented EVM implementation in Malaysia construction projects. The lack of researches may discourage EVM awareness and its utilization by the construction professionals and practitioners. The objectives of this study are to determine the level of awareness on EVM among construction practitioners in Malaysia and to investigate whether EVM is been applied in Malaysia construction projects. For the purpose of data collection, this research applied questionnaire survey technique with 33 samples. This findings of this study reveal that key players in construction industry have very low level of awareness on EVM. The study identified that the key players in Malaysia construction industry have applied some parts of EVM concepts during construction projects but the application is not found to be intensive. It is recommended that much efforts to be made in order to enhance the awareness and increase the level of application on EVM among the key players in the construction industry.
format Article
author Tan, Chin Keng
Najihah , Shahdan
author_facet Tan, Chin Keng
Najihah , Shahdan
author_sort Tan, Chin Keng
title The Application of Earned Value Management (EVM) in Construction Project Management
title_short The Application of Earned Value Management (EVM) in Construction Project Management
title_full The Application of Earned Value Management (EVM) in Construction Project Management
title_fullStr The Application of Earned Value Management (EVM) in Construction Project Management
title_full_unstemmed The Application of Earned Value Management (EVM) in Construction Project Management
title_sort application of earned value management (evm) in construction project management
publisher Penerbit UTHM
publishDate 2015
url http://irep.iium.edu.my/46344/
http://irep.iium.edu.my/46344/
http://irep.iium.edu.my/46344/1/1096-4114-1-PB.pdf
first_indexed 2023-09-18T21:05:59Z
last_indexed 2023-09-18T21:05:59Z
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