AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA

Earned Value Management (EVM) is a project performance measurement method which integrates the cost, schedule and technical performance. It establishes the earn value of a completed work and compares it with the actual cost and planned cost to determine the project performance and to forecast its f...

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Main Authors:	Ali Khan, M Waris, Khamidi, M. Faris, Idrus, Arazi
Format:	Conference or Workshop Item
Language:	English
Published:	2010
Subjects:	TA Engineering (General). Civil engineering (General)
Online Access:	http://scholars.utp.edu.my/id/eprint/2963/ http://scholars.utp.edu.my/id/eprint/2963/1/2nd_ICTOM_2010__Waris.pdf

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author	Ali Khan, M Waris Khamidi, M. Faris Idrus, Arazi
author_facet	Ali Khan, M Waris Khamidi, M. Faris Idrus, Arazi
author_sort	Ali Khan, M Waris
building	UTP Institutional Repository
collection	Online Access
description	Earned Value Management (EVM) is a project performance measurement method which integrates the cost, schedule and technical performance. It establishes the earn value of a completed work and compares it with the actual cost and planned cost to determine the project performance and to forecast its future trends. This technique encourages public and private organizations to monitor the performance of their mega projects effectively. The present study examines the EVM process in order to derive a framework for monitoring and controlling of PFI construction projects in Malaysia. The proposed framework is comprised of five fundamental elements i.e. organizational policy; planning; implementation; measurement, analysis and reporting; and management performance review. These elements interact with each other to form an integrated EVM performance measurement system. The aim of this framework is to provide the construction organizations an understandable view about the implementation of an EVM System.
first_indexed	2025-11-13T07:28:45Z
format	Conference or Workshop Item
id	oai:scholars.utp.edu.my:2963
institution	Universiti Teknologi Petronas
institution_category	Local University
language	English
last_indexed	2025-11-13T07:28:45Z
publishDate	2010
recordtype	eprints
repository_type	Digital Repository
spelling	oai:scholars.utp.edu.my:29632017-01-19T08:23:54Z http://scholars.utp.edu.my/id/eprint/2963/ AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA Ali Khan, M Waris Khamidi, M. Faris Idrus, Arazi TA Engineering (General). Civil engineering (General) Earned Value Management (EVM) is a project performance measurement method which integrates the cost, schedule and technical performance. It establishes the earn value of a completed work and compares it with the actual cost and planned cost to determine the project performance and to forecast its future trends. This technique encourages public and private organizations to monitor the performance of their mega projects effectively. The present study examines the EVM process in order to derive a framework for monitoring and controlling of PFI construction projects in Malaysia. The proposed framework is comprised of five fundamental elements i.e. organizational policy; planning; implementation; measurement, analysis and reporting; and management performance review. These elements interact with each other to form an integrated EVM performance measurement system. The aim of this framework is to provide the construction organizations an understandable view about the implementation of an EVM System. 2010-07 Conference or Workshop Item PeerReviewed application/pdf en http://scholars.utp.edu.my/id/eprint/2963/1/2nd_ICTOM_2010__Waris.pdf Ali Khan, M Waris and Khamidi, M. Faris and Idrus, Arazi (2010) AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA. In: 2nd International Conference on Technology and Operations Management, 5th to 6th July 2010, Langkawi, Kedah, Malaysia.
spellingShingle	TA Engineering (General). Civil engineering (General) Ali Khan, M Waris Khamidi, M. Faris Idrus, Arazi AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title	AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title_full	AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title_fullStr	AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title_full_unstemmed	AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title_short	AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA
title_sort	earned value management (evm) framework for the performance measurement of pfi construction projects in malaysia
topic	TA Engineering (General). Civil engineering (General)
url	http://scholars.utp.edu.my/id/eprint/2963/ http://scholars.utp.edu.my/id/eprint/2963/1/2nd_ICTOM_2010__Waris.pdf

AN EARNED VALUE MANAGEMENT (EVM) FRAMEWORK FOR THE PERFORMANCE MEASUREMENT OF PFI CONSTRUCTION PROJECTS IN MALAYSIA

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