Szóstak, Mariusz ; Konior, Jarosław
Contributor: Title: Group publication title: Subject and Keywords:construction works ; Pearson correlation ; financial spend ; earned value method
Abstract:The aim of the research was to determine and proof the real correlation of construction works and their financial spend in relation of the selected group of Residential Buildings X. Deviations and their impact on the correlation in relation to construction and financial throughput were determined and analysed using the basic indicators of the Earned Value Method (EVM), i.e.: estimated final cost of estimated at completion (EAC) projects and correlation with their deadlines for estimated time at completion (ETTC). Additional studies have attempted to approximate the final cost of the EAC more accurately, which is referred to in this study as EAC-S. ; The obtained results of observations over the entire period of implementation of the selected housing estate were also analysed in statistics used in standard deviation coefficients and Pearson linear correlation r. Such an experiment was performed both for investment X at the moment of flattening of the S curve for cumulative works. Having a dataset from the period of the excessive curve in the case of Residential Buildings X, the result closest to the actual final costs was obtained. The designated indicator overestimated the budget by only 0. 205%. Thus, the EAC Estimated Final Cost Index indicated a value of 0. 422%.
Description:tytuł dodatkowy: Prace z Inżynierii Lądowej i Środowiska
Publisher:Zielona Góra: Oficyna Wydawnicza Uniwersytetu Zielonogórskiego
Date: Resource Type: Format: DOI: Pages: Source:Civil and Environmental Engineering Reports (CEER), no 35, vol. 2
Language: License: License CC BY 4.0: Rights: