A case study of overruns of coal power plant project and its cause analysis using earned value management

Mazhar Ali*, Muhammad Ayat*, Muhammad Shakir, Syed Shahid Raza Jaffary, Muhammad Irfan, Rano Khan Wassan

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Downloads (Pure)

Abstract

The purpose of this study is to analyze the overruns in term of cost and schedule of coal power plant project carried out by Descon Engineering Ltd, Karachi. For the case study, we obtained data from the progress reports of contractor, through performed surveys and interviews of project team. Earned value management (EVM) tool is mainly used for the analysis of the project data. In addition, the critical factors of delays are identified in order to analyze the reasons to formulate the necessary recommendations to overcome it in future. The study shows that scheduled performance index (SPI) is 0.86 which means that 14% extra time wasted during the project. The CPI of the project was 0.67 which shows 33% of total budgeted amount has been wasted during the project execution. It was also found that the greatest reasons for the delay in the project was unavailability of materials, bottleneck in civil section, extensive revisions in design of substructures, and lack of skilled man power. At the end some recommendations for the contractor have been suggested to avoid overruns in future projects.
Original languageEnglish
Title of host publicationFirst International Conference on Industrial Engineering and Management Applications
Subtitle of host publicationFebruary 20-22, 2017, Mehran University of Engineering and Technology, Jamshoro, Sindh, Pakistan
EditorsHussain Bux Marri, Sahar Noor, Shakeel Shaikh, Muhammad Saad Memon
Place of PublicationJamshoro, Sindh, Pakistan
PublisherMehran University of Engineering and Technology
Pages478-486
Number of pages9
ISBN (Print)9789697710010
Publication statusPublished - 20 Feb 2017
Externally publishedYes
EventFirst International Conference on Industrial Engineering & Management Applications - Mehran University of Engineering & Technology, Jamshoro, Pakistan
Duration: 20 Feb 201722 Feb 2017
http://iema.muet.edu.pk/

Conference

ConferenceFirst International Conference on Industrial Engineering & Management Applications
Abbreviated titleIEMA-2017
Country/TerritoryPakistan
CityJamshoro
Period20/02/1722/02/17
Internet address

Keywords

  • earned value management
  • delays
  • schedule oerformance index
  • cost performance index

Fingerprint

Dive into the research topics of 'A case study of overruns of coal power plant project and its cause analysis using earned value management'. Together they form a unique fingerprint.

Cite this