Factors That Affect Cost and Time Using Earned Value In Development Projects

Authors

  • Titik Nurkaruniati Universitas 17 Agustus 1945 Surabaya
  • Budi Witjaksana Universitas 17 Agustus 1945 Surabaya
  • Hanie Teki Tjendani Universitas 17 Agustus 1945 Surabaya

DOI:

https://doi.org/10.59888/ajosh.v2i8.309

Keywords:

boarding school construction;, project performance evaluation;, earned value method

Abstract

Effective project management is the key to success in constructing the boarding school of SMA Muhammadiyah 3 Tulangan. Despite facing various challenges such as design changes, inclement weather, and limited workforce resources, the project is monitored using the Earned Value Method. Analysis of BCWS, BCWP, ACWP, SV, CV, SPI, and CPI indicates initial delays and budget overruns, but significant improvement later on. Despite weekly cost variations, the project remains financially manageable. The conclusion shows time delays but cost performance is under control. This underscores the importance of project performance evaluation and the use of the Earned Value Method in construction projects.

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Published

2024-05-27

Issue

Vol. 2 No. 8 (2024): Asian Journal of Social and Humanities

Section

Articles

License

Copyright (c) 2024 Titik Nurkaruniati, Budi Witjaksana, Hanie Teki Tjendani

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