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27/7/2016

AACEInternationalMeetings/ConferencesAnnualMeeting2016AnnualMeetingTechnicalProgramAbstractsEARNEDVALUEMANAGEME
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EARNEDVALUEMANAGEMENT(EVM)
Meetings/Conferences>AnnualMeeting >2016AM>TechnicalProgram>Abstracts

(EVM2141)EVMSRecommendationsforMultiContractProjects
PrimaryAuthor:MrHimansuBhaumikPESNCLavalinInc
Time/Location:TUE3:454:45/DominionBallroomSouth(2ndLevel)

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Large projects, especially in the process industry usually involve multiple contractors to engineer, procure, and build. Such projects
createspecialchallengetoassimilateprojectprogressdatausingacommonplatform.Thisoftengetscomplicatedbytheneedtohandle
projectchangesinaconsistentwaybyallthecontractors.Unlessaunifiedearnedvaluemanagementsystemisspecified early in the
project,itcanbecomeanightmarefortheoverarchingmanagementteamtotrackrealprojectprogress,especiallyinascopechange
environment.
Thispaperdiscussesthedetailsofanearnedvaluemanagementsystem(EVMS)andrecommendsthewaysprojectchangesshouldbe
handledinamulticontractsituation.

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