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http://dx.doi.org/10.6106/KJCEM.2017.18.3.042

Construction Cost-Schedule Integration Management Methodolgy by using Progress Integration Unit  

Kang, Namhee (School of Design.Architectural Engineering, Korea University of Technology and Education (Koreatech))
Choi, Jaehyun (School of Design.Architectural Engineering, Korea University of Technology and Education)
Publication Information
Korean Journal of Construction Engineering and Management / v.18, no.3, 2017 , pp. 42-51 More about this Journal
Abstract
Measuring and evaluating project progress and performance are the key element of the construction project success. Construction progress is typically measured quantitatively by evaluating cost and time allocated to the project deliverable, and thus properly integrating cost and time is essential to the project management. This research was performed to propose an alternative methodology to integrate the cost and time and provide a framework for the progress measurement. The researchers developed a typical work process for the cost and schedule planning and also developed an alternative cost-schedule integration method by using progress integration units (PIU). A discipline of a construction phase served as a common level for WBS and CBS integration, so the PIUs'were defined under discipline. A case study project was selected to validate the developed methodology. The result showed the proposed method improved efficiency of cost and time integration. The result also showed the excluding material for the progress measurement purpose significantly reduced the bias of progress measurement.
Keywords
Progress Measurement; Cost-Schedule Integration; Earned Value Management (EVM); Progress Integration Unit (PIU);
Citations & Related Records
Times Cited By KSCI : 5  (Citation Analysis)
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