TY - GEN
T1 - EVMS Maturity and Its Impact on Project Cost and Schedule Performance of Large and Complex Projects
T2 - Construction Research Congress 2022: Project Management and Delivery, Controls, and Design and Materials, CRC 2022
AU - Aramali, Vartenie
AU - Sanboskani, Hala
AU - Gibson, G. Edward
AU - El Asmar, Mounir
N1 - Funding Information:
The authors thank the U.S. Department of Energy for supporting and funding this study through the “Improving the Reliability of EVMS Compliance Reviews and EVMS Maturity Level Assessments” research project. The authors also thank the research team members and the workshop participants for their invaluable input.
Publisher Copyright:
© 2020 ASCE.
PY - 2022
Y1 - 2022
N2 - An Earned Value Management System (EVMS) is an organization's system for project/program management that integrates a defined set of associated work scopes, schedules, and budgets, allowing for effective planning, performance, and management control. Using a mature EVMS is critical to overall project success of large complex government projects. The government customer's expectation of a mature EVMS is to provide current and accurate data to control the project and support informed decision-making, including cost and schedule predictions. However, a comprehensive literature review reveals that there is a need for a consistent rating to measure the maturity of an EVMS. The primary objective of this paper is developing a new EVMS maturity rating, validating it on real projects, and testing its impact on project performance in terms of cost and schedule growth. The authors developed the rating based on a literature review of more than 300 references, a survey of more than 250 respondents, and workshops with more than 50 expert practitioners. The paper identifies 56 maturity attributes that are responsible for EVMS maturity and tests the new maturity framework on real projects to measure its impact on project performance. The preliminary results of data collected from 11 real-life projects, totaling $12.5 billion in project costs, show significant differences in cost and schedule performance between the projects with lower EVMS maturity scores and those with higher maturity scores.
AB - An Earned Value Management System (EVMS) is an organization's system for project/program management that integrates a defined set of associated work scopes, schedules, and budgets, allowing for effective planning, performance, and management control. Using a mature EVMS is critical to overall project success of large complex government projects. The government customer's expectation of a mature EVMS is to provide current and accurate data to control the project and support informed decision-making, including cost and schedule predictions. However, a comprehensive literature review reveals that there is a need for a consistent rating to measure the maturity of an EVMS. The primary objective of this paper is developing a new EVMS maturity rating, validating it on real projects, and testing its impact on project performance in terms of cost and schedule growth. The authors developed the rating based on a literature review of more than 300 references, a survey of more than 250 respondents, and workshops with more than 50 expert practitioners. The paper identifies 56 maturity attributes that are responsible for EVMS maturity and tests the new maturity framework on real projects to measure its impact on project performance. The preliminary results of data collected from 11 real-life projects, totaling $12.5 billion in project costs, show significant differences in cost and schedule performance between the projects with lower EVMS maturity scores and those with higher maturity scores.
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U2 - 10.1061/9780784483978.112
DO - 10.1061/9780784483978.112
M3 - Conference contribution
AN - SCOPUS:85129193987
T3 - Construction Research Congress 2022: Project Management and Delivery, Controls, and Design and Materials - Selected Papers from Construction Research Congress 2022
SP - 1100
EP - 1109
BT - Construction Research Congress 2022
A2 - Jazizadeh, Farrokh
A2 - Shealy, Tripp
A2 - Garvin, Michael J.
PB - American Society of Civil Engineers (ASCE)
Y2 - 9 March 2022 through 12 March 2022
ER -