Earned Value Analysis (EVA) is a method that allows the project manager to measure the amount of work actually performed on a project beyond the basic review of cost and schedule reports.
Tag: construction
Common Pitfalls of Delay Claims in Construction Cases
A delay must be excusable to be the basis for an extension of time or additional compensation. Delays may be further classified into compensable and non-compensable delays. If the delay could have been avoided by due care of one of the parties, the party which did not exercise such care is responsible for the additional costs.
The Use of CPM Schedules to Prove Delay Claims
There are four primary methods of analysing a delay claim using a CPM schedule. All four methods rely on some comparison of the as-planned schedule to the actual as-built schedule or events. Two methods are primarily used after the project is completed and two methods are used during construction.
Analytics vs Analysis
Think of “analysis” as what a person is doing when they are interpreting information, gathering it into a coherent understanding, and building a narrative or plan of action in response. Think of “analytics” as what a computer is doing when it accepts, stores, calculates, and makes resulting information available for examination.
About Project Delay Claims
A critical path delay affects the date of practical completion. Delay may be distinguished from disruption, which affects the efficiency and progress of the works (such as the method of delivery) but not the date of practical completion. Usually only critical path delays result in a contractual right to an extension of time.