Case on Integrated Time and Cost Monitoring of Construction Projects

The traditional approach of project time and cost performance measurement is generally based on direct monitoring in which there is a split-up between them. It does not truly relate the time versus cost performance of the project. Furthermore, this approach is not so much efficient to provide early...

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Main Authors: M., Waris, Panda, Sitansu
Other Authors: Sorooshian, Shahryar
Format: Book Chapter
Language:English
Published: Penerbit UMP 2017
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/19068/
http://umpir.ump.edu.my/id/eprint/19068/1/fim-2017-waris-Case%20on%20Integrated%20Time%20and%20Cost%20Monitoring%20of%20Construction%20Projects.pdf
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author M., Waris
Panda, Sitansu
author2 Sorooshian, Shahryar
author_facet Sorooshian, Shahryar
M., Waris
Panda, Sitansu
author_sort M., Waris
building UMP Institutional Repository
collection Online Access
description The traditional approach of project time and cost performance measurement is generally based on direct monitoring in which there is a split-up between them. It does not truly relate the time versus cost performance of the project. Furthermore, this approach is not so much efficient to provide early warning indicators and forecast future performance trends. As a remedy of these limitations in traditional monitoring practices, this case has proposed Earned Value Analysis (EVA) which integrates the work scope, cost and time to enable effective project performance measurement.
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institution Universiti Malaysia Pahang
institution_category Local University
language English
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spelling ump-190682017-11-15T01:19:07Z http://umpir.ump.edu.my/id/eprint/19068/ Case on Integrated Time and Cost Monitoring of Construction Projects M., Waris Panda, Sitansu HD28 Management. Industrial Management The traditional approach of project time and cost performance measurement is generally based on direct monitoring in which there is a split-up between them. It does not truly relate the time versus cost performance of the project. Furthermore, this approach is not so much efficient to provide early warning indicators and forecast future performance trends. As a remedy of these limitations in traditional monitoring practices, this case has proposed Earned Value Analysis (EVA) which integrates the work scope, cost and time to enable effective project performance measurement. Penerbit UMP Sorooshian, Shahryar 2017 Book Chapter PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/19068/1/fim-2017-waris-Case%20on%20Integrated%20Time%20and%20Cost%20Monitoring%20of%20Construction%20Projects.pdf M., Waris and Panda, Sitansu (2017) Case on Integrated Time and Cost Monitoring of Construction Projects. In: Collection of Teaching Cases for Business Administration Studies. Penerbit UMP, Kuantan, Pahang, pp. 22-25. ISBN 978-967-2054-50-4
spellingShingle HD28 Management. Industrial Management
M., Waris
Panda, Sitansu
Case on Integrated Time and Cost Monitoring of Construction Projects
title Case on Integrated Time and Cost Monitoring of Construction Projects
title_full Case on Integrated Time and Cost Monitoring of Construction Projects
title_fullStr Case on Integrated Time and Cost Monitoring of Construction Projects
title_full_unstemmed Case on Integrated Time and Cost Monitoring of Construction Projects
title_short Case on Integrated Time and Cost Monitoring of Construction Projects
title_sort case on integrated time and cost monitoring of construction projects
topic HD28 Management. Industrial Management
url http://umpir.ump.edu.my/id/eprint/19068/
http://umpir.ump.edu.my/id/eprint/19068/1/fim-2017-waris-Case%20on%20Integrated%20Time%20and%20Cost%20Monitoring%20of%20Construction%20Projects.pdf