Rethinking Earned Value & Schedule Management on Construction Projects

Rethinking Earned Value & Schedule Management on Construction Projects
Title Rethinking Earned Value & Schedule Management on Construction Projects PDF eBook
Author J. Gerard Boyle
Publisher FriesenPress
Total Pages 250
Release 2021-12-17
Genre Business & Economics
ISBN 1039106234

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This is an essential, groundbreaking book for public and private buyers of construction, contractors and sub-contractors, designers, project managers, lawyers, Earned Value specialists, forensic claims analysts, schedulers, dispute resolution experts, academics, and anyone interested in improving performance and productivity on construction projects. Among the topics discussed are the following: - Exhaustive critique of existing Earned Value analysis that compels changes to current theory and practice - New Earned Value analytics for construction, integrated with resource-loaded CPM schedules represent a paradigm change - Worked examples of resource-loaded CPM schedules using the new EV Performance analytics - Identification of reliable performance thresholds for progress, productivity and resources - Understanding the interconnection of progress and productivity and performance patterns over time - How to create meaningful, resource-loaded, CPM schedules - Analyzing schedule float in concert with the new analytics - Why current cause and effect delay analysis is fundamentally flawed because it ignores root causes - Why delay claim analysis must always account for productivity - The problem common to all contract delivery methods and how to correct it - Why construction projects fail - Specific steps in creating a successful construction program - Game theoretical & other approaches to implementing a performance-based system - Using commercial dispute resolution to contemporaneously resolve claims and improve performance going forward - The importance of probabilistic (Monte Carlo) schedule analysis & problems with current practice

Construction Project Scheduling and Control

Construction Project Scheduling and Control
Title Construction Project Scheduling and Control PDF eBook
Author Saleh Altayeb Mubarak
Publisher Prentice Hall
Total Pages 424
Release 2005
Genre Business & Economics
ISBN

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For courses in Construction Management, Scheduling/Project Control in Civil/Construction/Engineering Technology. Written by a career construction professional, this text about scheduling and project control addresses the average student, detailing all the steps clearly and without shortcuts. Solved and unsolved exercises cover all subjects, computer software programs for construction are included, and presents precedence networks as the realistic solution to scheduling, the main part of project control.

Earned Schedule

Earned Schedule
Title Earned Schedule PDF eBook
Author Walter H. Lipke
Publisher
Total Pages 202
Release 2009-12
Genre Business & Economics
ISBN 9780557177387

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This book is intended for those who use Earned Value Management (EVM), including project managers, engineers and performance analysts. Earned Schedule (ES) is a significant enhancement to EVM, extending its cost-based features to the management and control of schedule performance. By using ES and EVM together, project management of cost and schedule can now be treated in a truly integrated sense. The book builds from the fundamentals of EVM to derive the concept of ES. The performance measurement baseline and earned value from EVM are utilized to extract time-based performance measures, indicators, and predictors. From this foundation, complexity is incrementally added with descriptions and examples for performance analysis, prediction and project control. Specific features of ES useful to project management are included and illustrated for the following: forecasting of completion date, analysis of critical path, drill-down identification of process constraints, impediments, and areas of concern for rework.

Construction Project Management

Construction Project Management
Title Construction Project Management PDF eBook
Author S. Keoki Sears
Publisher John Wiley & Sons
Total Pages 352
Release 2015-01-09
Genre Technology & Engineering
ISBN 1118745256

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A thoroughly updated edition of the classic guide to project management of construction projects For more than thirty years, Construction Project Management has been considered the preeminent guide to all aspects of the construction project management process, including the Critical Path Method (CPM) of project scheduling, and much more. Now in its Sixth Edition, it continues to provide a solid foundation of the principles and fundamentals of project management, with a particular emphasis on project planning, demonstrated through an example project, along with new pedagogical elements such as end-of-chapter problems and questions and a full suite of instructor's resources. Also new to this edition is information on the Earned Value Analysis (EVA) system and introductory coverage of Building Information Modeling (BIM) and Lean Construction in the context of project scheduling. Readers will also benefit from building construction examples, which illustrate each of the principles of project management. This information, combined with the case studies provided in the appendix, gives readers access to hands-on project management experience in the context of real-world project management problems. Features two integrated example projects—one civil and one commercial—fully developed through the text Includes end-of-chapter questions and problems Details BIM in scheduling procedures, Lean Construction, and Earned Value Analysis, EVA Provides teaching resources, including PowerPoint slides, interactive diagrams, and an Instructor's Manual with solutions for the end-of-chapter questions Construction Management and Civil Engineering students and professionals alike will find everything they need, to understand and to master construction project management in this classic guide.

Applying Earned Value Management to Design-Bid-Build Projects to Assess Productivity Disruption

Applying Earned Value Management to Design-Bid-Build Projects to Assess Productivity Disruption
Title Applying Earned Value Management to Design-Bid-Build Projects to Assess Productivity Disruption PDF eBook
Author Stephen P. Warhoe
Publisher Universal-Publishers
Total Pages 392
Release 2013
Genre Business & Economics
ISBN 1612334164

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One of the most important jobs of a project manager is to manage a project's budget and schedule. These tasks can easily be very difficult to accomplish on projects that are complex, especially since successful project execution relies heavily on people who are expected to perform their roles individually and as a team. One of the most difficult aspects of managing projects is estimating how fast and effectively humans will perform a task; that is, determining how productive workers collectively will be each day, each week, or within any time period during the life of a project. Because projects are unique and are typically one-off endeavors, there is usually little previous empirical data to rely upon for the project manager to forecast productivity before or during the project's execution. The crux of the problem lies with adequately identifying not only the labor work flow process, but also the influences that affect the work flow process. When scope changes are introduced into the work flow of a project, the types and number of influences and their cause and effect relationships can significantly increase in numbers. This phenomenon often turns complicated projects into extremely complex ones and the final outcome can be greater than the sum of the individual inputs. For project managers who are unable to get their arms around this very real situation, forecasting the outcome of a project often becomes out of control, especially for projects that are large and heavily labor intensive. This study takes a post-positivist approach to design and builds a system dynamic model with which construction projects that are delivered using the design-bid-build methodology can be simulated to show generically how the influences that affect construction projects can affect worker productivity. No other studies are known to exist that design or build such a model for construction projects that use the design-bid-build delivery method. The model that was designed in the study is based on the works of several academics' works as well as the input of several experts in the construction field, including this study's author. As opposed to attempting to create a simulation model based on the uniqueness of a single project, a "mosaic" approach was used in creating the model in that elements of the model were identified and taken from studies found through the literature review as well as interviews with construction industry experts. The stock and flow structure of the study's model is intended to be a composite of many construction projects and can be used for any project delivered using the design-bid-build methodology. From the research, the model was created and tested using good modeling practice in that the model testing phase followed the process created by one of the pre-eminent system dynamic modelers in the world (refer to Sterman, 2000). The result is a model that simulates the work flow of labor hours in a design-bid-build construction project which can be affected by an immeasurable number of influences that can and do occur on construction projects.

Integrated Cost and Schedule Control for Construction Projects

Integrated Cost and Schedule Control for Construction Projects
Title Integrated Cost and Schedule Control for Construction Projects PDF eBook
Author Frederick W. Mueller
Publisher Springer Science & Business Media
Total Pages 517
Release 2012-12-06
Genre Science
ISBN 1461597501

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Management and administrative processes within the construction industry have been undergoing major changes in the last several decades. These changes have involved significant adjustments in management science and manage ment techniques, brought about by the need for contemporary valid informa tion with which to manage the construction process. In short, management in the construction industry is changing significantly; change will continue at an accelerated pace at least through the next decade. The responses required of construction industry management are now resulting in a movement away from an entrepreneurial management style to professional management tech niques and procedures. THE COMPELLING ECONOMIC ISSUES The issues forcing these changes are economic. The rising costs of construction and of money are forcing the buyers of construction services to be more demanding. Their demands are for more construction economies, more pro duction, and more productivity than at any time in the past. Nowhere has this been more evident than in the Business Roundtable on construction and in the response of the construction industry to it.· To be successfully responsive, management in the construction industry will be required to use the best project management methods available for cost control, schedule control, and for financial and accounting controls. But responsive professional management can survive and will flourish within this more demanding eco nomic environment.

Project Control

Project Control
Title Project Control PDF eBook
Author Wayne J. Del Pico
Publisher John Wiley & Sons
Total Pages 295
Release 2023-08-22
Genre Technology & Engineering
ISBN 1394150121

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PROJECT CONTROL Reader-friendly, integrated approach to construction project cost and scheduling control, with all-new pedagogical elements The Second Edition of Project Control is an introductory practical guide that explores the reasons and methodologies for proper planning, monitoring, and controlling project costs and schedule and shows how productivity models are created, monitored, and controlled, as well as how corrective actions are implemented as deviations from the baseline occur. Project Control uses simple language to convey project control principles, making it an excellent resource to teach with and learn from in a classroom setting. This Second Edition has been updated with all-new pedagogical elements and ancillary materials for use in the construction project management classroom. This new edition features all-new sections on baseline scheduling, estimate development, probability analysis, and more. Written by Wayne Del Pico, a seasoned professional with over 40 years of experience in construction project controls, Project Control includes detailed information on: Role of the project manager, covering leading the project team, creating the project plan, developing the project schedule, and monitoring project progress over time Project control cycles, covering plans to achieve goals, executing work according to plan, identifying variations and their causes, and executive work and measure changes Pre-construction planning, covering key personnel and responsibilities and establishing baselines for schedule and cost control Budgeting, covering types of estimates, organization estimates, and harnessing the budget as a management tool Providing expert insight into the management skills of the project manager combined with the analytical focus of the accountant and the “big picture” oversight of the executive, Project Control is an essential resource for students in construction management programs and professionals in construction firms with specializations in long-term infrastructure projects.