TY - CONF TI - Critical Analysis on Earned Value Management (EVM) Technique in Building Construction C1 - Oslo, Norway C3 - 22nd Annual Conference of the International Group for Lean Construction SP - 159 EP - 170 PY - 2014 AU - Cândido, Luis Felipe AU - Heineck, Luiz Fernando Mählmann AU - Neto, José de Paula Barros AD - Master Student, Federal University of Ceará (UFC), Brazil, luisf_civil@yahoo.com.br AD - Lecturer, State University of Ceará (UECE), Brazil, feritas8@terra.com.br AD - Lecturer, Federal University of Ceará (UFC), Brazil, jpbarrps@ufc.br ED - Kalsaas, Bo Terje ED - Koskela, Lauri ED - Saurin, Tarcisio Abreu AB - Earned Value Management (EVM) is a technique of performance measurement focused on project physical, financial and time progress, indicating planned and actual performance, variations of them and forecasts on final project duration and cost. It takes a step further traditional measurement tools like PERT/Cost and C/SCSC. EVM is strongly supported by Project Management Community gather around the Project Management Institute, but recently the technique is being criticized in respect to its conceptual problems and implementation difficulties. This paper aims to explore in greater depth this debate through a case study on a construction project that applied EVM as a planning and control tool. Four major problems are analyzed in the search for an enlarged list of topics the EVM approach fails to support lean construction applications. Among them are the disregard for the mobilization of resources phase and the lack of consideration of construction indirect costs. Finally, the authors concluded that EVM is just an extension of the traditional approach of measuring physical and financial advances over time. This narrow approach is insufficient to provide a comprehensive managerial tool, as became clear through the analyses of the building project under consideration. KW - EVM (Earned Value Management) KW - Control of Building Projects KW - Lean Construction and Project Management. PB - T2 - 22nd Annual Conference of the International Group for Lean Construction DA - 2014/06/25 CY - Oslo, Norway L1 - http://iglc.net/Papers/Details/998/pdf L2 - http://iglc.net/Papers/Details/998 N1 - Export Date: 28 March 2024 DB - IGLC.net DP - IGLC LA - English ER -