Complex projects’ management using eva: A case study

Abstract

Earned Value Analysis (EVA) is a method of measuring the project performance. Although the concept exists since the nineteen’s century and it has been in use since the 1960s, only now it is gaining considerable popularity. Those in favour will base their arguments in the cost savings from the project and the improved communication, analysis and control that come from its implementation. Those who have a different opinion will cite the limited benefit from its use and the effort to make it work. There is no doubt that these different opinions come from different experiences. Nevertheless, everybody agrees that EVA is a powerful tool if applied correctly. The aim of this work is to implement this tool to a project in concrete and to evaluate the use of EVA as a complementary tool of the system currently used – SAPE, in determining and controlling costs associated with the project, at every moment of the project. This allows to evaluate the possible deviations and to enable timely corrections.