A study for EVMS application to NPP construction project

The earned value project management method integrates three critical elements of project management scope management, cost management and time management. It requires the periodic monitoring of actual expenditures and physical scope accomplishments, and allows calculation of cost and schedule variances along with performance indices. It allows forecasting of project cost and schedule at completion and highlights the possible need for corrective action. It is also anticipated that there will be intense competition in the nuclear industry as the cost and time for nuclear power plant construction. In order to attain competitive advantages under the globalized market, utilizing advanced project control systems by integrating cost and time management is of great concern for practitioners as well as the researchers. In this context, the purpose of this paper is to identify major previously improving activities that characterize the real-world Earned Value Management System (EVMS) implementation for nuclear power plant construction. And several distinct attributes of nuclear power plant construction were also investigated