Suppose you're working on a Lumpsum contract, and applying EVA method.
1) Weightage can be used are: Cost and Manhours. Generally, there is "mixed" style: Cost for Procurment, Manhours for Engineering, Construction, Comissioning, and using Cost for linking different phases(E-P-C), but also there is "separted" style: you generate 2 tables, one E-P-C using manhours, one E-P-C using cost. The "separted" style has more information, but many Owner will reject due to they don't want to have 2 different progress values for Project.
You can get Cost, and Manhours estimate from the quantity of work (from BOQ/MTO) x productivty, and x unit cost for cost.
2) You're correct. EVA is just be "addition" not "replacement" for CPM Schedule.
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14 years 8 monthsSuppose you're working on a
Suppose you're working on a Lumpsum contract, and applying EVA method.
1) Weightage can be used are: Cost and Manhours. Generally, there is "mixed" style: Cost for Procurment, Manhours for Engineering, Construction, Comissioning, and using Cost for linking different phases(E-P-C), but also there is "separted" style: you generate 2 tables, one E-P-C using manhours, one E-P-C using cost. The "separted" style has more information, but many Owner will reject due to they don't want to have 2 different progress values for Project.
You can get Cost, and Manhours estimate from the quantity of work (from BOQ/MTO) x productivty, and x unit cost for cost.
2) You're correct. EVA is just be "addition" not "replacement" for CPM Schedule.