De Marco, A; Briccarello, D and Rafele, C (2009) Cost and schedule monitoring of industrial building projects: Case study. Journal of Construction Engineering and Management, 135(9), pp. 853-862. ISSN 0733-9364
Abstract
Performance measurement is a helpful tool for taking corrective actions and controlling a project as far as this enables accurate time and cost forecasts during the first stages of the construction effort when the management team still has opportunities to make adjustments. This paper overcomes the dilemma of practicability and predictability of traditional estimates at completion based on early progress measurement by presenting the empirical results from the construction project of an industrial facility. The case may be a reference practice for assessing time and cost performance measurement of any building, whose layout can be reasonably partitioned into repeatable portions. In such circumstances, an effectively-managed traditional earned value method and appropriate metrics for computing performance provide project managers with accurate forecasts as useful tools for successful project management and control.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | case reports; costs; industrial plants; information systems; Italy; monitoring; scheduling |
| Index terms: | monitoring, performance measurement, scheduling, information system, case study, Italy, schedule monitoring, cost performance, construction project, computing, project management, progress measurement, project manager, estimate |
| Subjects: | Geography, operations research, production management, financial and cost management, profession, control systems, information systems, project controls, data collection methods, economics, computing systems, project management theory and practice, performance measurement |
| Topics: | Digital Applications, Cost Management, Roles and Professions, Site Management, Project Management, Research Practice, Quality Management, Geographical Context, Time Control |
| Descriptive scope: | 3 PCE |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here