Earned Value Method In The Study Of The Project Schedule And Cost Control Of The Blessing In Peking Syndicate

From the perspective of the whole world,a quarter of economic aggregate isrelated to project management,which indicates project management is widelyapplied.Construction enterprise must lay the stress of managment on projectmanagement,consolidate project management,implement project cost control progresscontrol and quality control to accom-plish contract objective of project and finally thepurpose of comprehensive economic benefit improvement and obtain social reputationin all directions,thus win the wide space for the survival and development of enterprise.Progress,cost and quailty together form the objective system of projectmanagement and they connect and impact each other.When one changes, other onemust change. Among them, progress and cost connect most. Cost deviation controlonly compares the deviation from budget and not provides the method of thecomparison between schedule and accomplishment of work. Progress deviation controlprovides the comparison between plan and actual execution and not includescost.Therefore,the comparison between cost deviation and progress deviation must bemade and the synchrocontrol of progress and cost becomes the urgent problem ofproject management to settle.The study of the article is aimed at the introduction of synchronization controlmethod of progress and cost into construction project management to promote thecontrol level of cost and progress of construction project and meet the demand ofmarket economy development and accords with international practice to make theenterprises of construction achieve the cost objective of project.The article analyzes the relation between cost and progress in projectmanagement as well as the current conditions of separation control then explains theorigin, history and development process as well as the basic applicationprocedure,basic data and main counting methods of"Value-earning Method"on thebase of"Earned Value Concepts". Finally, it introduces the advanced theory of"Value-earning Method"into the synchrocontrol of progress and cost of project andrepresents the implementation procedure of this method by the residential project ofLuonan D4 district. The practice shows that the synchronization control method ofprogress and cost of project"Value-earning Method"is a scientific cost controlmethod and a scientific and reasonable project management idea, which measures the progress of project by currency volume instead of earthwork volume and bases uponthe synchronization control of cost and progress.The successful application of this method in the newly constructed civil buildingwith the total cost of 21,800,000 RMB yuan and the construction period of 1year,achieves the three large control objectives of progress and quality and cost. Thestudy of this project results in an operational method for the effective application of"value-earning method"in the synchronization control of progress and cost of project.