Examining the impact of earned value management on construction project outcomes in Nigeria

Mogaji, L (2019) Examining the impact of earned value management on construction project outcomes in Nigeria. PhD thesis, Capella University, USA.

Abstract

Cost and schedule overruns continue to plague construction projects in Nigeria. Earned value management (EVM) has been identified and shown to be a viable parameter for controlling cost and schedule overruns in construction projects. There is, however, a paucity of research into the applicability of EVM to the Nigerian construction projects. The primary purpose of this study was to examine the viability of EVM as a project control tool in Nigerian construction projects. The EVM theory, EVM Indices and application, and project management methodologies formed the conceptual framework of the study. A single research question was developed which focused on the effect of EVM on construction project outcomes for Nigeria's construction industry. This study was a quantitative methodology with a descriptive and inferential research design to determine the relationship between the application of EVM and outcomes in construction projects in Nigeria. The population for this study was construction projects that were completed within the last 15 years in the Nigerian construction industry. The included-sample consisted of projects that implemented EVM in their project controls. Data from 55 construction projects were analyzed to examine the impact of EVM on construction project outcomes. A logistic regression model was estimated, and the impact of independent variables on the dependent variable was computed. The Cost Performance Index (CPI) was found to be highly significant based on the odds ratios that were determined. The importance of EVM application as a project control tool in Nigeria's construction business is evident from the result of this study. The study also serves as a reference point for further research into EVM application and other project management practices.

Item Type: Thesis (Doctoral)
Thesis advisor: Wan, I
Uncontrolled Keywords: population; earned value management; value management; regression model; construction project; project control; project management practice; Nigeria
Index terms: project management practice, earned value management, construction project, population, methodology, conceptual framework, dependent variable, regression model, logistic regression, research design, independent variable, schedule overrun, Nigeria, cost performance index, value management, construction industry, project control, project management
Subjects: industry analysis, statistical analysis, project controls, project management theory and practice, management, financial and cost management, control systems, research design and methodology, demography, production management, Geography, theoretical framing, research methods
Topics: Value Management, Project Management, Geographical Context, Time Control, Urban Studies, Cost Management, Research Practice
Descriptive scope: 4 PCTA

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