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COST MANAGEMENT ANALYSIS WITH EARNED VALUE METHOD ON ROAD IMPLEMENTATION PROJECT IN UAIACA - QUELECAI TO OSSU BAUCAU CITY, TIMOR LESTE Alves, Agata Maria Orleans; Tjendani, Hanie Teki; Wulandari, Esti
INTERNATIONAL JOURNAL ON ADVANCED TECHNOLOGY, ENGINEERING, AND INFORMATION SYSTEM Vol. 3 No. 3 (2024): AUGUST
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/ijateis.v3i3.1183

Abstract

Project management plays a critical role in ensuring the success of infrastructure projects like road implementations, which are essential for the development of emerging regions such as Baucau City, Timor Leste. Challenges often arise due to discrepancies between planned schedules and actual implementation, exacerbated by logistical constraints and unforeseen changes in project requirements. Effective cost management, exemplified by methods like Earned Value Management (EVM), becomes crucial in maintaining project feasibility and controlling expenditures. The purpose of this study was to analyze the cost of road implementation projects using the Earned Value Analysis Method. The method used in this study is to use the Earned Value Method with a project duration of 18 months, where the importance of the earned value analysis method is very helpful for the owner and project implementer to more easily analyze the performance of the project being carried out so as to provide benefits for the owner and project implementation. The findings revealed a project cost overrun of $205,483.12, attributed to low labor productivity and inadequate management, resulting in extended project timelines and subsequent delays in follow-up activities.
Performance Analysis on Road Implementation Project Based on Time and Cost Alves, Agata Maria Orleans; Tjendani, Hanie Teki; Wulandari, Esti
International Journal of Social Science and Community Service Vol. 2 No. 1 (2024): JANUARY
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/ijsscs.v2i1.10

Abstract

Effective time management is essential for ensuring project implementation aligns with the planned schedule, and one way to achieve this is through the use of Earned Value Analysis (EVA). EVA is employed to estimate the extent to which a project is progressing according to its work plan. This research aims to analyze the timeline of a road construction project using the Earned Value Analysis Method to estimate the final project completion time on a monthly basis. The methodology employed in this study involves the application of the Earned Value Method over a project duration of 18 months. The importance of the Earned Value Analysis Method lies in its ability to assist both the project owner and implementer in more easily analyzing the project's performance, thereby providing significant benefits for both parties. The study found that the project completion time did not align with the initial project schedule. Specifically, the calculation of the cumulative project completion time was 9 months, whereas the planned duration was 18 months. This indicates a delay of 7 months beyond the planned schedule.