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The contribution of earned value analysis for cost controlling of construction projects

Shi Cia, Ng (2014) The contribution of earned value analysis for cost controlling of construction projects. Faculty of Industrial Management, Universiti Malaysia Pahang.

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Abstract

Earned Value Analysis (EVA) is a project performance measurement technique. Managers can manage the performance of project by comparing the planned value to actual results. It allows the calculation of cost variance, performance indices and forecast the project cost performance. Therefore, EVA is very important to monitor and control the performance of the construction project. This research is using descriptive study. The purpose of this study is conducted to study the relationship between the EVA and the cost performance of the construction project. Furthermore, the aim of this study also needs to determine the effect of the EVA in the construction project. In this study, survey research will be chosen to collect the data. In order to do the survey research, questionnaire will be chosen as a quantitative method approach. There are 100 companies located in Negeri Sembilan and the sample needed is 80 companies. The results of respondent rates are 38 out of 80 companies. The results have shown that there is a positive correlation between the EVA and the cost performance of the construction project. The result of average mean also indicate that the EVA has successfully to assist the project cost within the budget is the highest mean value among the seven effects of the EVA

Item Type: Undergraduates Project Papers
Additional Information: Faculty of Industrial Management Project paper (Bachelor of Project Management with Honours) -- Universiti Malaysia Pahang - 2014
Uncontrolled Keywords: Cost effectiveness
Subjects: H Social Sciences > HD Industries. Land use. Labor
Faculty/Division: Faculty of Industrial Management
Depositing User: Mr. Syed Mohd Faiz Syed Abdul Aziz
Date Deposited: 28 Oct 2015 07:20
Last Modified: 28 Oct 2015 07:20
URI: http://umpir.ump.edu.my/id/eprint/10948
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