Construction Project Monitoring: The Cost and Schedule Control by Earned Value Method (EVM)

On account of ever increasing complexities and uncertainties, construction project management has become more challenging day by day. As a result, continuous monitoring emerges as prime concern for the planned activities to be completed on schedule within budget. Limitations in traditional time cost practices result overrun which seriously hinder successful completion project. The impact at various stages is critical factor project's management. Most projects Bangladesh have with extra leads demand additional because poor controlling system. In these consequences, widely recognized emerging technique, Earned Value Management (EVM) can introduced conduct progress, performance forecasting. EVM measures actual work any respect original integrating scope, order predict timeline. this study, three-storied residential building Khulna, was considered perform earned value tracking whether either delay or not along over budget under particular operations up first six months were assessed using an based work-breakdown structure (WBS), real costs compared projected program. progress constructed considering also evaluated through analyzing indexes Microsoft Project Professional 2019 software. Construction respecting variance (CV), (SV), index (CPI) (SPI). CV CPI are evidently less than 0 1, respectively, indicating thatthe verge overrun; other hand, SV SPI both that running behind after months. if pursued its current pace, it will finished above It undoubtedly assist rescheduling bring back harmony.