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العنوان
Applying Earned Value Management To Control and Monitor Performance of Construction projects/
المؤلف
El-Ghandour,Alaa Ibrahim Hamed Hamed El-Ghandour
هيئة الاعداد
باحث / ألاء ابراهيم حامد الغندور
مشرف / على فتحى عيد
مشرف / حازم الدالى
مناقش / شريف محمد صبرى العطار
تاريخ النشر
2022
عدد الصفحات
139p.:
اللغة
الإنجليزية
الدرجة
ماجستير
التخصص
الهندسة المعمارية
تاريخ الإجازة
1/1/2022
مكان الإجازة
جامعة عين شمس - كلية الهندسة - عمارة
الفهرس
Only 14 pages are availabe for public view

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from 212

Abstract

The construction industry is significant in all countries of the world, as it’s one of the main sources of investment. In addition, it can be considered a dynamic industry that is constantly facing many risks that affects achieving its objectives. The main problem is cost overruns and project time delays.
Therefore, continuous monitoring and control of the project is a prerequisite.
Earned value management (EVM) is a technique for monitoring project performance, used for early tracking to indicate whether the project is on planned time and estimated cost or not. Risk Management (RM) is identify risks (threats and opportunities) and recommends early actions to limit the impact of threats and minimize it or to maximize opportunities.
EVM and risk management are popular techniques used to monitor and control project performance, which might be useful if applied in an integrated way.
The application of the integration process faced several barriers, such as a lack of understanding of its significance. In addition, to an absence of risk departments in some companies due to low awareness of its impact, high cost, difficulties in coordination between departments, and the lack of practical procedures for the implementation process. All this cause led to a shortage in the application of the integrating process.
The research suggested a methodology to support the implementation of integration process by providing the decision-makers with procedures clarify process and thus help to fill a gap that causes a shortage in the application.
Therefore, the main objective of this research is to develop a framework for integrating risk management into earned value management, which is used to monitor and control the performance of construction projects. It also examines the impact of using the integrated framework on improving project performance. Achieving this aim helps the project managers to take corrective actions.
To achieve the objective of this research. Through literature review, the research identifies the role of the project monitoring and control phase in facing the project challenges during construction and their impact on project objectives. Then, identifies the concept of EVM and Earned Schedule, their roles, terminologies, application process, and indicators.
The research also presents the RM process, including risk reserve (estimation, allocation, and management). Then identify the process of integrating risk into EVM and present a list of methods, and software used to implement the integration process, as this is the first section of developing an integration framework.
Research defines the first section of the application which clarifies benefits, barriers, solutions and specifies which method and software are suitable used in
the application using questionnaires with 120 respondents with expertise in the cost and planning field. In addition, 17 personal interviews were directed to decision-makers to develop a final updated version of the integrated framework.
Second: The research analyses a case study of a residential project during the construction phase and presents the project values in three different periods using EV indicators. The results show that; 1st Period: The project is proceeding as planned. 2nd Period: slight time delay and cost increase and 3rd Period: significant time delay and cost increase. This is due to the lack of a risk plan and control. Using earned value management as a tool to determine project performance illustrates its importance.
Finally, the study examines the impact of using the built-in framework on improving project performance and compares project outcomes before and after using the framework. The results show that managers use the risk reserve (time cost) value to cover the impact of the risk on the project objectives when the risk is materialized. This does not affect the project plan and keeps the project on track.
This research provides project managers with a developed integrating framework that adds value, helps improve construction project performance, and fills a shortage of applications.