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Aramali, V, Gibson, G E, El Asmar, M and Sanboskani, H (2023) Novel earned value management system maturity framework and its relation to project performance. Journal of Construction Engineering and Management, 149(06).
- Type: Journal Article
- Keywords:
- ISBN/ISSN: 0733-9364
- URL: http://doi.org/10.1061/JCEMD4.COENG-12985
- Abstract:
Earned value management systems (EVMS) are used by industry practitioners to successfully manage projects and programs; however, there has been no past study to characterize and evaluate the impact of EVMS maturity on project performance. This paper introduces a novel framework, developed to measure the EVMS maturity, composed of 56 attributes arrayed across ten subprocesses, which together make up an integrated project/program management system. This paper describes how the framework was conceived and developed, based on literature review and data collected from industry workshops. Then, it examines the relationship between EVMS maturity and ten project performance metrics through statistical analyses. The study analyzed project data from 35 projects and programs worth over $21.8 billion in total cost. For this sample, results showed statistically significant differences between projects with high and low EVMS maturity; on average, projects exhibiting high EVMS maturity have 54% less cost overruns and 19% less change orders versus their performance measurement baseline. Higher maturity projects and programs also achieve better customer satisfaction, meet business objectives more often, and are more often in compliance with EVMS standards and guidelines. This paper contributes to the body of knowledge by providing a practical and novel framework for assessing the maturity of earned value management systems. Practitioners can use the framework to improve their integrated project and program management.
Arora, J, Kar, S and Jha, K N (2023) Assessment of the significance of identified attributes affecting the rebar-fixing productivity using multiple regression. Journal of Construction Engineering and Management, 149(06).
Asadi, R, Rotimi, J O B and Wilkinson, S (2023) Analyzing underlying factors of rework in generating contractual claims in construction projects. Journal of Construction Engineering and Management, 149(06).
Hsu, C L, Wang, J T and Huang, Y H (2023) A functional element-naming approach for BIM elements in building envelope systems. Journal of Construction Engineering and Management, 149(06).
Karamoozian, A, Wu, D and Luo, C (2023) Green supplier selection in the construction industry using a novel fuzzy decision-making approach. Journal of Construction Engineering and Management, 149(06).
Long, W, Wang, X, Liang, Y and Ye, K (2023) Characteristics of collusive practices in bidding: Mixed methods study in China. Journal of Construction Engineering and Management, 149(06).
Nguyen, T Q, Yeoh, J K W and Angelia, N (2023) Predicting percent plan complete through time series analysis. Journal of Construction Engineering and Management, 149(06).
Rathnayake, A and Middleton, C (2023) Systematic review of the literature on construction productivity. Journal of Construction Engineering and Management, 149(06).
Tao, Y, Hu, H, Xu, F and Zhang, Z (2023) Ergonomic risk assessment of construction workers and projects based on fuzzy Bayesian network and D-S evidence theory. Journal of Construction Engineering and Management, 149(06).
Tarekegn Gurmu, A (2023) Preconstruction phase management practices enhancing labor productivity in multistory building projects. Journal of Construction Engineering and Management, 149(06).
Tatari, A (2023) Simulating cost risks for prefabricated construction in developing countries using Bayesian networks. Journal of Construction Engineering and Management, 149(06).
Wang, Y, Chen, L and Zhuang, J (2023) Pricing of credit default swaps from the perspective of credit enhancement in PPP projects. Journal of Construction Engineering and Management, 149(06).
Zhang, W, Zhang, H and Yu, L (2023) Collaborative planning for stacking and installation of prefabricated building components regarding crane-collision avoidance. Journal of Construction Engineering and Management, 149(06).