Back Issues 11-20

CURRENT STATE OF THE APPLICATION OF EVM IN THE CONSTRUCTION INDUSTRY

Theresia Avila Bria

PhD Candidate, Graduate School of Engineering Science and Technology, National Yunlin University of Science and Technology, Douliu City, Taiwan

Department of Civil Engineering, Politeknik Negeri Kupang, Kupang City, Indonesia

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Muhammad Mubasher

Graduate Student, Department of Civil & Construction Engineering; National Yunlin University of Science and Technology, Douliu City, Taiwan

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Wei Tong Chen*

Distinguished Professor, Graduate School of Engineering Science and Technology/ 

Department of Civil & Construction Engineering; National Yunlin University of Science and Technology, Douliu City, Taiwan

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Abstract

Budget overruns and work delays are recurring issues in the construction business. Construction projects are seen as interconnected nodes in larger organizational networks, driving a surge in research interest in construction project management (CPM). Earned value management (EVM) is a widely used project management (PM) approach that provides early warning of potential problems and helps control costs and schedules. This study aims to analyze EVM articles to determine the field’s current state and identify promising avenues for further investigation.

Key words: Earned value management, construction project, cost and time, performance