Earned Value Management in Construction Project

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There are many potential measures of performance for evaluating the success of a construction project. All address performance in three key areas: scope, schedule and budget. Earned Value Management addresses many project management areas including project organizing, planning, scheduling and budgeting, accounting, analyzing, reporting and controlling. This book explained the introduce a new and alternative approach of using a neural network for earned value management of the infrastructure project, is the best indicator of future performance by using follow-up method, and therefore, it is possible to forecast cost or schedule overruns at quite an early stage in a construction project. The objective of this book is to demonstrate that Earned Value Management is an effective management technique that integrates technical performance requirements, resource planning, with schedules and cost. The major objectives of applying earned value are to encourage the project managers and contractors to use effective technical, cost and schedule management control systems.