Title Development of Earned Value Management System by Using Visualization Index and WBS Map
Authors Lee, Woo-Sik ; Kang, Leen-Seok ; Park, Seo-Young
Page pp.26-35
ISSN 1229-7534
Keywords Earned Value Management System(EVMS) ; WBS Map ; Attribute Index ; Schedule Variance ; Cost Variance
Abstract Work breakdown structure (WBS) can be used as an information center in earned value management system (EVMS) for the construction project. Because EVMS results, such as schedule variance and cost variance, are analyzed for the selected WBS code, the role of WBS code is important in EVMS. This study suggests a methodology for organizing WBS map with a quadrant. It can represent the project organization collectively by work level in a coordinate system. And the study developed an EVMS tool based on the WBS map and this tool can visualize various attribute indexes of EVMS by color symbols. Those methodologies can be used for improving practical application of EVMS.