• Title/Summary/Keyword: Earned Value

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Construction Progress Measurement System by tracking the Work-done Performance (내역물량 측정에 의한 건설공사진도율 산정시스템)

  • Choi Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.3 s.15
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    • pp.137-145
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    • 2003
  • The project control system based on the actual values of three objects shall be operated continuously in a timely manner. For collecting/tracking accurate actual performance data, a reasonable basis of measuring work performance and its related measuring methods are needed. Therefore, this research proposes a method of developing and operating the construction progress measurement system. The problem of the conventional method is the difficulty to construct control accounts and to define the basis of measuring the performance of each control account. Therefore, this research proposes the preferable, formal methodology that produces the progress value of the smallest work unit by surveying the installed quantities and estimates percent complete of groups of works or entire project by earned value concept. This research in connection with the hereafter research of the weight value of control accounts will contribute to apply in practice and to develop the scientific construction management technique in the construction industry. Further researches how to trend and forecast the project using the measured progress value are recommended for putting the prosed system of this research to practical use.

Analysis of EVMS Implementation to Korean Defence R&D Project (국방무기체계 연구개발사업의 EVMS 적용실태 분석)

  • Min, Won-Bea;Kang, Seok-Joong;Song, Woon-Ho
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.14 no.1
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    • pp.242-250
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    • 2010
  • EVMS(Earned Value Management System) is a project management method for analysis of current state of project and estimation of future state by the periodic tracking of schedule and value that activated by the project manager of government and contractor. Some countries, such as U.S.A and Austria, require the use of an EVMS for all major defense R&D project and many cases have proved that EVMS ensures that cost, schedule, and technical aspects of the contract are truly integrated and estimated, and actual progress of the project can be identified. However, the recent implementation of EVMS on Korean defense R&D project has shown number of challenges. In this paper, we defind the cancept of EVMS and analyzed EVMS implementation m order to conduct their problem.

Research on Improving Schedule Forecasting Method for Delayed Defense Research & Development Project (지연된 국방 연구개발 프로젝트의 일정 예측방식 개선 연구)

  • Cho, Jungho;Lim, Jaesung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.23 no.3
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    • pp.286-293
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    • 2020
  • Since Dr. Lipke announces earned schedule management(ESM) in 2002, it has been used in project management to make up for the insufficient schedule management function of earned value management technique. However, it is difficult to accurately forecast the schedule of delayed defense research and development(R&D) projects with the ESM technique. Therefore, this paper proposes a new schedule forecasting method considering the progress of delayed work in ESM technique. This concept can also be adopted to the traditional project progress management (PPM) technique. We verify the effectiveness of the proposed concept through several defense R&D projects and prove that it is possible to supplement the schedule forecasting of the ESM and PPM technique.

A Study on ERP System for EVMS in Project-based Industry (프로젝트형 산업의 EVMS을 위한 ERP 시스템에 관한 연구)

  • Park, Je-Won;Lee, Chang-Ho
    • Proceedings of the Safety Management and Science Conference
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    • 2010.11a
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    • pp.343-348
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    • 2010
  • Earned Value Management System(EVMS) is a highly efficient tool in the project management, but it cannot easily determine the Actual Cost due to the indistinct criteria and extensive data. This study introduces a EVMS for project management and its actual case based on EVMS and ERP system which some additional modules are installed for performance measurement. It is expected that this new method enables a company to improve transparency by specifying expense items in detail and to switch quarterly settlement to monthly by reducing the time of calculation.

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A Case Study of SE and EVMS Techniques Application on Surion Helicopter R&D Program (수리온헬기 개발사업에서 시스템 엔지니어링 및 사업성과관리 기법 적용 사례연구)

  • Byun, Hyung Kyun;Lee, Sang Woo
    • Journal of the Korean Society of Systems Engineering
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    • v.8 no.1
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    • pp.51-62
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    • 2012
  • The System Engineering(SE) and the Earned Value Management System(EVMS), as parts of the scientific project management methodology, have been applied to Surion Helicopter R&D Program. The concept and application process of SE methodology, requirements management and applications output by DOORS program are described in this study. The concept and application process of EVMS, analysis results of schedule/cost variance for Surion RF equipment are also discussed in this study. Though the Surion R&D program is still on-going, it is found that the measures of effectiveness of SE and EVMS applications are verified.

Performance Index Analysis of Schedule Introducing EVMS (EVMS를 도입한 공정의 성과지수 분석)

  • Kim Young;Lee Young-Dae;Kim Sung-Hwan;Kim Jung-ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.456-459
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    • 2002
  • It is lately issued studies on EVMS(Earned Value Management System) throughout construction industry, which is management system integrating cost and schedule effectively. So identifying importance and circumstance of introducing EVMS, CPI(Cost Performance Index) and SPI(Schedule Performance Index), which are critical components on schedule introducing EVMS, calculate and it intends to analyze the trend and problem of cost and time throughout project management, applying various statistical data analysis method.

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Innovative Management Strategy and Methodologies for Acquisition Programs of the Defense Weapon System (국방무기체계 획득사업의 혁신적 추진전략과 방법론)

  • Lee, Sang-Heon;Yoon, Bong-Kyoo
    • IE interfaces
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    • v.20 no.3
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    • pp.363-375
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    • 2007
  • Under the fast technology changes and budget constraints, the organizations related to national defense face increased demands to develop innovative strategy and methodology to maximize performance with drastically reduced cost. In this context, the management of innovation and change in the defense acquisition area is vital to the Ministry of National Defense, related organizations and industries. In this paper, we discuss three comprehensive innovation strategies and methodologies for the defense acquisition area preparing for next-generation warfare; EVMS (earned value management system), PBL (performance based logistics) and SBA (simulation based acquisition). These collaborating innovative efforts enable us to tackle defense challenges for government and industries with a flexible and optimistic approach that maximizes productivity and performance with minimum cost.

Earned Value Management base on System Engineering Process in the Weapon R&D Project (무기체계개발 사업에서 체계공학 프로세스 기반 사업성과관리 수행 방안)

  • Kuk, Seung Hak;Kim, Yun Hee;You, YI Ju
    • Journal of the Korean Society of Systems Engineering
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    • v.11 no.2
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    • pp.51-59
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    • 2015
  • It is generally recommended to use EVM as an efficient means for measuring project performance and progress so that the EVMS user could manage his project successfully. In spite of it's favorable intention, most project participants think it as a heavy load or a sub practiced job with low responsibility. Even though there are lots of variables triggering unpredictable troubles in EVM application, EVM still could be a valuable project health indicator. In this paper we introduce a performing method for EVM based on system engineering process.

Process Model for development of EVMS in Nuclear Power Plant Project (원전건설 성과관리시스템(EVMS) 개발을 위한 프로세스 모델 연구)

  • Kim, Yun-Myung;Won, Seo-Kyung;Shin, Il-Sub
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.58-59
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    • 2014
  • EVM(Earned Value Management) is a management methodology for integrating scope, schedule and resources, and for objectively measuring project performance and progress. EVMS(Earned Value Management System) has been used for the performance measurement of R&D and construction projects in developed countries such as United States, United Kingdom and Australia. The nuclear power plant (NPP) projects in Korea have not applied EVMS. However, EVMS has come into request for overall schedule and cost risk management and performance measurement in overseas project of the nuclear power plant as a contractor. In this paper, based on the global EVMS guidelines, EVMS per unit processes have been developed for NPP projects. Moreover, using Business Process Management (BPM), it proposes an integrated process model with tasks, roles, and procedures for EVMS for NPP construction projects.

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A Study on the Connection Model for Attribute Code of Earned Value Management System (정보화된 EVMS 구축을 위한 속성코드 연계모형 구성 연구)

  • Lee, Woo-Sik;Kang, Leen-Seok
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.362-365
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    • 2004
  • This study suggests an attribute code system for earned value management system (EVMS). The attribute code system can be used for integrating various EYM data from construction schedule and cost. If the suggested attribute code is used in EVM, sorting and typical classifying of EVM data is possible in the computerized system. Those functions are an effective management tool for construction manager comparing with other EVM tools.

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