Evaluation of Percentage of Value of Work Done for Construction Projects in India using Earned Value Analysis
G Dhamodaran1, K.R. Divakar Roy2
1G Dhamodaran, Department of Mechanical Engineering, Academy of Maritime Education and Training Deemed to be University, Chennai (Tamil Nadu), India.
2Dr. K.R. Divakar Roy, Department of Mechanical Engineering, Andhra University, Visakhapatnam (Andhra Pradesh), India.
Manuscript received on 22 April 2019 | Revised Manuscript received on 01 May 2019 | Manuscript Published on 05 May 2019 | PP: 428-432 | Volume-8 Issue-2S2, May 2019 | Retrieval Number: B10890182S219/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Background/Objectives: To evaluate the Value of Work Done (VoWD) for a Construction project using Earned Value Method (EVA). Methods: Ratio of Value of Work Done to the estimated value at completion. Results/Findings: Can be implemented at construction industry especially for the process plant construction projects. Conclusion/Application: ‘Automation in part of construction activities’ can be implemented in construction industries.
Keywords: Definition of Earned Value Analysis (EVA) – A Quantitative Project Management Technique For Evaluating Project Performance.
Scope of the Article: Disaster Management