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

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

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

Article Info

Publish Date
27 May 2024

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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Journal Info
Asian Journal of Social and Humanities
Website

Abbrev

jsh

Publisher

Pelopor Publikasi Akademika

Subject

Decision Sciences, Operations Research & Management Earth & Planetary Sciences Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice

Description

Asian Journal of Social and Humanities is a scientific journal in the form of research and can be accessed openly. This journal is published once bimonthly by Beritrust Publisher. Asian Journal of Social and Humanities provides a means for ongoing discussion of relevant issues that fall within the ...