Using the earned value approach for controlling overhead cost in construction projects

Research output: Contribution to journalArticlepeer-review

Abstract

Direct Overhead Cost (DOC) includes all support infrastructure required to complete a construction project. Although it is a dominant factor in every project, very little has been published about ways to manage it. This paper presents an Earned Value approach used for overhead control. It is based on the projects desired profit and the notion that the Earned Value of the money spent on overhead should be proportional to the volume of completed work packages, out of the amount of completed work planned. Using this notion of earned value helps to better control and manage overhead expenses.

Original languageEnglish
Pages (from-to)50-55
Number of pages6
JournalJournal of Modern Project Management
Volume5
Issue number2
DOIs
StatePublished - 1 Sep 2017

Keywords

  • Earned value
  • Overhead control
  • Project infrastructure
  • Project overhead

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