The Evaluation of Construction Project Time and Cost Control Using the Earned Value Method (Case Study of Construction of a 200/200 U-Ditch Channel with 10 ton Axle Cover on Jl. Simo Kwagean)
Evaluation of Construction Project Time and Cost Control Using the Earned Value Method (Case Study of Construction of a 200/200 U-Ditch Channel with 10 ton Axle Cover on Jl. Simo Kwagean)
DOI:
https://doi.org/10.25139/jprs.v9i1.11062Keywords:
Earned Value Management, Time Control, Cost Control, Construction Project, U-DitchAbstract
This study aims to evaluate the time and cost performance of the construction project of U-Ditch 200/200 with a 10-ton axle load cover on Jl. Simo Kwagean, Surabaya, using the Earned Value Management (EVM) method. EVM integrates cost, schedule, and physical progress to measure project efficiency. The data used include the Bill of Quantity (BoQ), project schedule, S-curve, and weekly progress reports. The main indicators analyzed were Planned Value (PV), Earned Value (EV), Actual Cost (AC), Cost Variance (CV), Schedule Variance (SV), Cost Performance Index (CPI), and Schedule Performance Index (SPI).
The analysis up to the 10th week shows that CV was positive (IDR 52,575,882 in week 10), indicating cost efficiency, while SV was positive in 7 out of 10 observation weeks, with the highest acceleration of IDR 233,022,814 in week 9. CPI > 1 (1.055) means actual costs were lower than planned, while SPI > 1 (1.47) indicates the project progressed faster than scheduled. The Estimate at Completion (EAC) projection suggests the final cost will be lower than the original budget, and the estimated project duration will be shorter than the contractual schedule.
These results confirm that EVM is effective as an early warning system for monitoring and controlling project time and cost.
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