Title The Concept of Schedule and Cost Progress Integrated Management on the BDM Network
Authors Kim, Seon-Gyoo ; Lee, Yong-Hyun ; Noh, Seong-Beom ; Ko, Dae-Gyu
Page pp.54-64
ISSN 1229-7534
Keywords CPM ; Progress Management ; Beeline Diagramming Method ; PDM ; Schedule Hierarchy
Abstract Almost 40 years have been passed since the CPM was introduced to the construction industry in Korea. However most of construction projects in Korea do not prepare the CPM schedule neither operate it after established manually, as well as still depend on the Bar-chart schedule only. One of these reasons is because the CPM schedule does not reflect the site works realistically, it makes so difficult to recognize the actual progress clearly in visual format, and it is impossible to integrate and manage the time and cost oriented work progresses effectively. This paper proposes new concept of progress management that is able to integrate and manage the time oriented schedule progress and earned value oriented cost progress while maintaining the merits of CPM although the CPM schedule summarized automatically within a schedule hierarchy by the BDM that is a new CPM technique. We expect that this concept could make the applications of CPM technique to the domestic construction industry popular and help the advancement of the construction management in Korea as well.