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Case on Integrated Time and Cost Monitoring of Construction Projects

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

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Abstract

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.

Item Type: Book Section
Uncontrolled Keywords: Industrial management; case studies; problem solving; business; project time; cost performance
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty/Division: Faculty of Industrial Management
Depositing User: Noorul Farina Arifin
Date Deposited: 15 Nov 2017 01:19
Last Modified: 15 Nov 2017 01:19
URI: http://umpir.ump.edu.my/id/eprint/19068
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