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APPLICATION OF THE EARNED VALUE METHOD ON ROAD IMPROVEMENT PROJECTS IN NIAS SELATAN DISTRICT: PENERAPAN METODE EARNED VALUE PADA PROYEK PENINGKATAN JALAN DI KABUPATEN NIAS SELATAN Laia, Sederhana
UPMI Proceeding Series Vol. 2 No. 2 (2024): OKTOBER 2024
Publisher : LPPM UPMI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55751/ups.v2i2.345

Abstract

Construction projects are growing rapidly over time. Each project has certain characteristics and requirements at each stage of project implementation in order to distinguish one project from another. The role of the owner, consultant and contractor is needed in project implementation to achieve maximum results. The cost and time control process is an important factor for the success and efficiency of project work. This study uses the Earned value method with a document study data collection method where the type of research uses quantitative with descriptive analysis. Data processing uses Microsoft Excel. The results of the study showed the SPI value from week 1 - week 11 of 0.59, in weeks 12 - 20 the SPI value was 2.97. The CPI value from week 1 - week 27 was 0.90 which means more wasteful costs. Estimated At Completion (EAC) using the Earned value method is IDR 20,298,475,550.24 with a projected loss of IDR 8,759,432,242.03. Estimated All Schedule (EAS) using the earned value method is 176 days.
Evaluasi Kinerja Waktu dan Biaya Proyek Melalui Pengaplikasian Metode Earned Value: Studi Kasus Pada Pembangunan Ruas Jalan Sp. Armed Rumah-Great Kec. Biru-Biru Kab. Deli Serdang Laia, Sederhana; Sheila Hani; Rini, Rini
Majalah Ilmiah METHODA Vol. 14 No. 3 (2024): Majalah Ilmiah METHODA
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methoda.Vol14No3.pp403-412

Abstract

Project delays are caused by lack of good control, which affects the time and cost of completion, in determining and knowing the time performance and cost performance of the SP. Armed-Rumah Great Road Construction Project, Biru-Biru District, Deli Serdang Regency. Using the Earned Value method. Based on the results, the results of the time performance from month 1 to month 3 of the project experienced delays, this is indicated by the Schedule Variant (SV) indicator which has a negative value of Rp. - 356,103,446.04 or Schedule Performance Index (SPI) = 0.828 <1. In the 4th month it was faster than the planned schedule, this is indicated by the Schedule Variant (SV) indicator which has a positive value of Rp. 96,183,088.74 or Schedule Performance Index (SPI) = 1.019>1. And in the 5th and 6th months the schedule performance index (SPI) value shows a value of 1 which means that the construction project work is in accordance. Meanwhile, for cost performance from month 1 to month 3, it incurred smaller costs than planned, this is indicated by the negative Cost Variance (CV) indicator of Rp. -150,413,906.18 or Cost Performance Index (CPI) = 0.920 <1. In month 4 to month 6, the Cost Variance CV value is above the X axis with a positive value of Rp. 829,560,555.98 or Cost Performance Index (CPI) = 1.110 >1 due to the addition of labor and additional working hours in project implementation.