Abstract:
Earned Value Management (EVM) is one of the fundamental approaches acting as a
comprehensive project management and controlling technique for tracking the costs and
examining project expenditures relative to the physical progress of work. Majority of the
previous literature reviews and findings indicates the positive contributions of EVM in
monitoring the project time-cost performance progressively and forecasting its future trends.
However, EVM was not widely used as practically, the traditional cost and schedule
monitoring tool is still very common in the construction industry. Thus, this research was
conducted using quantitative and qualitative methods to the identified quantity surveyors,
project managers and engineers of contractor in Tanzanian construction firms to achieve the
objectives of; (1) to assess the use of EVM in construction projects, (2) to examine the
challenges in using EVM, and (3) to recommend on ways to enhance the application of
EVM. Based on the results, it was found that only some parts of the concept of EVM were
being used in construction projects but not the EVM as a whole. The application of EVM
was found to be partial which some parties are not fully used like analysis of data collected
and forecasting of time/cost through EVA. Despite the major challenges identified in using
EVM due to the lack of EVM knowledge, expertise and experience by the user in the
industry, the results also continuous training to the industrial practitioners on construction
project management principles is one of the strategies proposed as measure of improving the
application of Earned Value Management (EVM) for performance of Tanzanian
construction projects.
