Time and Cost Management in Building Construction

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This assignment requires students to analyze and discuss various research papers and studies related to time and cost management in building construction. The student needs to provide a summary of each paper, highlighting key findings and contributions to the field. Additionally, they must identify common themes and gaps in existing literature on this topic.

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Running head: TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Time and Cost Management in Building Construction
Name of the Student
Name of the University
Author’s note

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1TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Table of Contents
Assignment 3..............................................................................................................................1
1. Project activities defined in the building construction project plan...................................1
2. Determining the dependencies and sequence of project activities.....................................4
3. Resource Requirements for the entire project....................................................................6
4. Adapting Deterministic Scheduling Technique.................................................................7
5. Determining the duration of each project activity using the Calendar view......................8
6. Bar Chart and Gantt Chart................................................................................................13
7. Critical Path Network Analysis........................................................................................14
8. Resource profile for the project and level overallocated resources.................................16
9. Earned Value Analysis.....................................................................................................21
References................................................................................................................................28
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2TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Assignment 3
1. Project activities defined in the building construction project plan
ID Task Name
0 Time and Cost Management in Building Construction
1 Building Construction by ADCO Constructions
2 Contract Plans
3 Sales Agreement
4 Construction Agreement
5 Building Contract Plans
6 Contract Specifications for the building
7 Contract Site Plan for erecting the building
8 Documentation Review for the Building and Approval
9 Finalising Plans for the Building and Preparation of Documentation
10 Finalising Specifications for the Building and Preparation of Documents
11 Entire Construction Design of the Building
12 Revised Plans Approval for the Building
13 Print Building Construction Design
14 Bids and Contracts
15 Preparing Copies of Plans
16 Preparing Copies of Specifications
17 Receiving Bids
18 Detailed Review of Bids
19 Execution of Subcontractor Agreements for Building Construction
20 Building Construction Permits
21 lot stake-out scheduling
22 Meet requirements for the Sediment Control Inspection
23 Filing Grading Permit Application
24 Issuing Grading Permit
25 Approving Building Construction
26 Approving Pay Permit Fees
27 Site Work
28 Clearance of lot
29 Stripping Stockpile and Topsoil
30 Excavation of Stake lot
31 Foundation
32 Digging Footings and Installation of Reinforcing
33 Inspection of Footings
34 Pin Fittings
35 Pour Footings
36 Sand, Stock Block and Mortar
37 Foundation of Build Block
38 Foundation Certification
39 Fill Block Cores
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3TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
40 Delivery of Steel for Building Construction
41 Delivery of Lumber for Building Construction
42 Building Waterproofing and Drain Tile
43 Carpentry works of the Building
44 Setting Steel
45 The framing of the deck for the first floor of the Building
46 Framing of walls for the first floor of the Building
47 Framing of Deck for the second floor of the Building
48 Framing of walls for the second floor of the Building
49 Setting up of Roof trusses
50 Framing of Roof
51 Installation of Plywood for Roof for the Building
52 Installation of Doors and Windows of the Building
53 Framing the Basement
54 Concrete Slab Installation
55 Preparation of Basement Slab of the Building
56 Termite Treatment for the Slab
57 Detailed Inspection of the slabs
58 H.V.A.C
59 Layout and Measurement of the HVAC
60 HVAC Set up
61 Plumbing Rough-in
62 Plumbing Rough-in
63 Inspection of Plumbing Rough-in
64 Electric Rough-in
65 Setting up of Electric Boxes
66 Electrical Rough-wire
67 Rough-ins
68 Telephone Rough-ins
69 Audio Visual Rough-in
70 Rough-in of Alarm System
71 Roofing
72 Implementing Roofing Paper
73 Implementing Roof Shingles
74 Exterior Finishes
75 Exterior Trim
76 Brick Work
77 Insulation
78 Draft & Fire Set up
79 Insulation of Batt
80 Inspection of BGE Energy
81 Floor Finishes
82 Implementing Ceramic Tiles
83 Installation of Carpet
84 Painting
85 Trim Coating
86 Drywall Coating

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4TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
87 Doors and Windows Coating
88 Hardware installation
89 Door Installation
90 Hardware installation of Bathrooms
91 Mirrors installation
92 Cleaning
93 Building Windows Cleaning
94 Rough Cleaning
95 Project Closure
96 Project Handover
97 Client's Agreement
98 Documentation Review for the Building and Approval
99 Resource Release
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5TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
2. Determining the dependencies and sequence of project activities
ID Task Name Predecessors
0 Time and Cost Management in Building
Construction
1 Building Construction by ADCO
Constructions
2 Contract Plans
3 Sales Agreement
4 Construction Agreement
5 Building Contract Plans 4
6 Contract Specifications for the building 4
7 Contract Site Plan for erecting the building 4
8 Documentation Review for the Building
and Approval
9 Finalising Plans for the Building and
Preparation of Documentation 4,5,6
10 Finalising Specifications for the Building and
Preparation of Documents 6
11 Entire Construction Design of the Building 9,10
12 Revised Plans Approval for the Building 9,10,11
13 Print Building Construction Design 11
14 Bids and Contracts
15 Preparing Copies of Plans 12,9
16 Preparing Copies of Specifications 10
17 Receiving Bids 12
18 Detailed Review of Bids 17
19 Execution of Subcontractor Agreements for
Building Construction 15,16,18
20 Building Construction Permits 12
21 lot stake-out scheduling 20
22 Meet requirements for the Sediment Control
Inspection 20
23 Filing Grading Permit Application 21,22
24 Issuing Grading Permit 23
25 Approving Building Construction 20,24
26 Approving Pay Permit Fees 24,25
27 Site Work 25,26
28 Clearance of lot 27
29 Stripping Stockpile and Topsoil 27
30 Excavation of Stake lot 28
31 Foundation
32 Digging Footings and Installation of
Reinforcing 27,28
33 Inspection of Footings 32
34 Pin Fittings 33
35 Pour Footings 34
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6TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
36 Sand, Stock Block and Mortar 34,35
37 Foundation of Build Block 36
38 Foundation Certification 37
39 Fill Block Cores 37
40 Delivery of Steel for Building Construction 38
41 Delivery of Lumber for Building Construction 38
42 Building Waterproofing and Drain Tile 38,39
43 Carpentry works of the Building 42
44 Setting Steel 40
45 Framing of the deck for the first floor of the
Building 44
46 Framing of walls for the first floor of the
Building 45
47 Framing of Deck for the second floor of the
Building 45,46
48 Framing of walls for the second floor of the
Building 47
49 Setting up of Roof trusses 47,48
50 Framing of Roof 49
51 Installation of Plywood for Roof for the
Building 50
52 Installation of Doors and Windows of the
Building 50
53 Framing the Basement 37
54 Concrete Slab Installation
55 Preparation of Basement Slab of the Building 53
56 Termite Treatment for the Slab 55
57 Detailed Inspection of the slabs 55,56
58 H.V.A.C
59 Layout and Measurement of the HVAC 57
60 HVAC Set up 59
61 Plumbing Rough-in
62 Plumbing Rough-in 60
63 Inspection of Plumbing Rough-in 62
64 Electric Rough-in
65 Setting up of Electric Boxes 53
66 Electrical Rough-wire 65
67 Rough-ins
68 Telephone Rough-ins 65
69 Audio Visual Rough-in 65
70 Rough-in of Alarm System 65
71 Roofing
72 Implementing Roofing Paper 55
73 Implementing Roof Shingles 72
74 Exterior Finishes
75 Exterior Trim 55
76 Brick Work 75

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7TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
77 Insulation
78 Draft & Fire Set up 38
79 Insulation of Batt 38
80 Inspection of BGE Energy 38
81 Floor Finishes 47
82 Implementing Ceramic Tiles 81
83 Installation of Carpet 82
84 Painting
85 Trim Coating 48
86 Drywall Coating 85
87 Doors and Windows Coating 86
88 Hardware installation
89 Door Installation 87
90 Hardware installation of Bathrooms 89
91 Mirrors installation 89
92 Cleaning
93 Building Windows Cleaning 89
94 Rough Cleaning 93
95 Project Closure
96 Project Handover 94
97 Client's Agreement 96
98 Documentation Review for the Building and
Approval 96,97
99 Resource Release 97
3. Resource Requirements for the entire project
Resource Name Type Max.
Units Std. Rate
Department of
Sales Work 100% $20.00/hr
Department of
Construction Work 100% $20.00/hr
Project Manager Work 100% $25.00/hr
Civil Engineer Work 100% $22.00/hr
Sediment
Controlling
Inspector
Work 100% $18.00/hr
Supplier Work 100% $15.00/hr
Mason Work 100% $15.00/hr
Construction
Subcontractor Work 100% $18.00/hr
Electrician Work 100% $12.00/hr
Hardware
Subcontractor Work 100% $15.00/hr
Painter and
Decorator Work 100% $15.00/hr
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8TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Cleaning Staff Work 100% $10.00/hr
Builder Work 100% $16.00/hr
Mechanical
Subcontractor Work 100% $18.00/hr
Field
Superintendent Work 100% $20.00/hr
Plumber Work 100% $15.00/hr
Client Work 100% $0.00/hr
Pest Controller Work 100% $0.00/hr
4. Adapting Deterministic Scheduling Technique
The project manager and the other stakeholders have adopted the deterministic
scheduling technique. The timeline for every project activity is fixed. The duration of every
project activity is fixed. The project stakeholders can know the deadline and can work
according to the deadline fixed. The project plan is demonstrating the summary tasks of the
project and fixed deadline or fixed duration has been allocated for each summary tasks. The
hardware installation must be completed within 2 weeks (Tezel et al., 2017). The Foundation
of the building must be completed within 40 weeks. In this way, the project stakeholders will
have to complete the entire project within 89 weeks. The scheduled start date and scheduled
finish time have been shown in the project plan below.
Task Name Duration Start Finish
Time and Cost Management in
Building Construction 89 wks Thu 08-03-
18
Wed 20-
11-19
Building Construction by ADCO
Constructions 89 wks Thu 08-03-
18
Wed 20-11-
19
Contract Plans 7 wks Thu 08-03-
18
Wed 25-04-
18
Documentation Review for the
Building and Approval 8 wks Thu 26-04-
18
Wed 20-06-
18
Bids and Contracts 31 wks Thu 17-05-
18
Wed 19-12-
18
Foundation 40 wks Thu 06-12-
18
Wed 11-09-
19
Concrete Slab Installation 5 wks Thu 04-04-
19
Wed 08-05-
19
H.V.A.C 2 wks Thu 09-05-
19
Wed 22-05-
19
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9TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Plumbing Rough-in 2 wks Thu 23-05-
19
Wed 05-06-
19
Electric Rough-in 3 wks Thu 04-04-
19
Wed 24-04-
19
Rough-ins 1 wk Thu 18-04-
19
Wed 24-04-
19
Roofing 2 wks Thu 18-04-
19
Wed 01-05-
19
Exterior Finishes 2 wks Thu 18-04-
19
Wed 01-05-
19
Insulation 18 wks Thu 11-04-
19
Wed 14-08-
19
Painting 6 wks Thu 25-07-
19
Wed 04-09-
19
Hardware installation 2 wks Thu 05-09-
19
Wed 18-09-
19
Cleaning 3 wks Thu 12-09-
19
Wed 02-10-
19
Project Closure 7 wks Thu 03-10-
19
Wed 20-11-
19
5. Determining the duration of each project activity using the Calendar view
The project manager and his team member considered the list of holidays of the year
2018 and based on that they adjust the working schedule (Yılmaz & Kanıt, 2018). The
stakeholders will work according to the new schedule.
Change Working Time demonstrates the list of the holiday. The project schedule will
affect due to the change in working time.

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10TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
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11TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Change in Project Schedule
ID Task Name Duration Start Finish
1 Building Construction by ADCO
Constructions 85.8 wks Thu 08-03-
18
Wed 20-
11-19
2 Contract Plans 7 wks Thu 08-03-
18
Wed 25-
04-18
3 Sales Agreement 3 wks Thu 08-03-
18
Wed 28-03-
18
4 Construction Agreement 3 wks Thu 08-03-
18
Wed 28-03-
18
5 Building Contract Plans 3 wks Thu 29-03-
18
Wed 18-04-
18
6 Contract Specifications for the
building 4 wks Thu 29-03-
18
Wed 25-04-
18
7 Contract Site Plan for erecting the
building 3 wks Thu 29-03-
18
Wed 18-04-
18
8 Documentation Review for the
Building and Approval 8 wks Thu 26-04-
18
Wed 20-
06-18
9 Finalising Plans for the Building
and Preparation of Documentation 3 wks Thu 26-04-
18
Wed 16-05-
18
10
Finalising Specifications for the
Building and Preparation of
Documents
3 wks Thu 26-04-
18
Wed 16-05-
18
11 Entire Construction Design of the
Building 3 wks Thu 17-05-
18
Wed 06-06-
18
12 Revised Plans Approval for the
Building 2 wks Thu 07-06-
18
Wed 20-06-
18
13 Print Building Construction Design 1 wk Thu 07-06-
18
Wed 13-06-
18
14 Bids and Contracts 31 wks Thu 17-05-
18
Wed 19-
12-18
15 Preparing Copies of Plans 2 wks Thu 21-06-
18
Wed 04-07-
18
16 Preparing Copies for
Specifications 2 wks Thu 17-05-
18
Wed 30-05-
18
17 Receiving Bids 2 wks Thu 21-06-
18
Wed 04-07-
18
18 Detailed Review of Bids 3 wks Thu 05-07-
18
Wed 25-07-
18
19 Execution of Subcontractor
Agreements for Building Construction 2 wks Thu 26-07-
18
Wed 08-08-
18
20 Building Construction Permits 3 wks Thu 21-06-
18
Wed 11-07-
18
21 lot stake-out scheduling 2 wks Thu 12-07-
18
Wed 25-07-
18
22 Meet requirements for the
Sediment Control Inspection 2 wks Thu 12-07-
18
Wed 25-07-
18
23 Filing Grading Permit Application 2 wks Thu 26-07- Wed 08-08-
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12TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
18 18
24 Issuing Grading Permit 2 wks Thu 09-08-
18
Wed 22-08-
18
25 Approving Building Construction 4 wks Thu 23-08-
18
Wed 19-09-
18
26 Approving Pay Permit Fees 4 wks Thu 20-09-
18
Wed 17-10-
18
27 Site Work 5 wks Thu 18-10-
18
Wed 21-11-
18
28 Clearance of lot 2 wks Thu 22-11-
18
Wed 05-12-
18
29 Stripping Stockpile and Topsoil 2 wks Thu 22-11-
18
Wed 05-12-
18
30 Excavation of Stake lot 2 wks Thu 06-12-
18
Wed 19-12-
18
31 Foundation 40 wks Thu 06-12-
18
Wed 11-
09-19
32 Digging Footings and Installation
of Reinforcing 3 wks Thu 06-12-
18
Wed 26-12-
18
33 Inspection of Footings 2 wks Thu 27-12-
18
Wed 09-01-
19
34 Pin Fittings 2 wks Thu 10-01-
19
Wed 23-01-
19
35 Pour Footings 2 wks Thu 24-01-
19
Wed 06-02-
19
36 Sand, Stock Block and Mortar 3 wks Thu 07-02-
19
Wed 27-02-
19
37 Foundation of Build Block 3 wks Thu 28-02-
19
Wed 20-03-
19
38 Foundation Certification 3 wks Thu 21-03-
19
Wed 10-04-
19
39 Fill Block Cores 3 wks Thu 21-03-
19
Wed 10-04-
19
40 Delivery of Steel for Building
Construction 3 wks Thu 11-04-
19
Wed 01-05-
19
41 Delivery of Lumber for Building
Construction 3 wks Thu 11-04-
19
Wed 01-05-
19
42 Building Waterproofing and Drain
Tile 2 wks Thu 11-04-
19
Wed 24-04-
19
43 Carpentry works of the Building 2 wks Thu 25-04-
19
Wed 08-05-
19
44 Setting Steel 4 wks Thu 02-05-
19
Wed 29-05-
19
45 Framing of deck for the first floor
of the Building 2 wks Thu 30-05-
19
Wed 12-06-
19
46 Framing of walls for the first floor
of the Building 2 wks Thu 13-06-
19
Wed 26-06-
19
47 Framing of Deck for the second
floor of the Building 2 wks Thu 27-06-
19
Wed 10-07-
19
48 Framing of walls for the second 2 wks Thu 11-07- Wed 24-07-

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13TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
floor of the Building 19 19
49 Setting up of Roof trusses 3 wks Thu 25-07-
19
Wed 14-08-
19
50 Framing of Roof 2 wks Thu 15-08-
19
Wed 28-08-
19
51 Installation of Plywood for Roof
for the Building 2 wks Thu 29-08-
19
Wed 11-09-
19
52 Installation of Doors and Windows
of the Building 1 wk Thu 29-08-
19
Wed 04-09-
19
53 Framing the Basement 2 wks Thu 21-03-
19
Wed 03-04-
19
54 Concrete Slab Installation 5 wks Thu 04-04-
19
Wed 08-
05-19
55 Preparation of Basement Slab of
the Building 2 wks Thu 04-04-
19
Wed 17-04-
19
56 Termite Treatment for the Slab 2 wks Thu 18-04-
19
Wed 01-05-
19
57 Detailed Inspection of the slabs 1 wk Thu 02-05-
19
Wed 08-05-
19
58 H.V.A.C 2 wks Thu 09-05-
19
Wed 22-
05-19
59 Layout and Measurement of the
HVAC 1 wk Thu 09-05-
19
Wed 15-05-
19
60 HVAC Set up 1 wk Thu 16-05-
19
Wed 22-05-
19
61 Plumbing Rough-in 2 wks Thu 23-05-
19
Wed 05-
06-19
62 Plumbing Rough-in 1 wk Thu 23-05-
19
Wed 29-05-
19
63 Inspection of Plumbing Rough-in 1 wk Thu 30-05-
19
Wed 05-06-
19
64 Electric Rough-in 3 wks Thu 04-04-
19
Wed 24-
04-19
65 Setting up of Electric Boxes 2 wks Thu 04-04-
19
Wed 17-04-
19
66 Electrical Rough-wire 1 wk Thu 18-04-
19
Wed 24-04-
19
67 Rough-ins 1 wk Thu 18-04-
19
Wed 24-
04-19
68 Telephone Rough-ins 1 wk Thu 18-04-
19
Wed 24-04-
19
69 Audio Visual Rough-in 1 wk Thu 18-04-
19
Wed 24-04-
19
70 Rough-in of Alarm System 1 wk Thu 18-04-
19
Wed 24-04-
19
71 Roofing 2 wks Thu 18-04-
19
Wed 01-
05-19
72 Implementing Roofing Paper 1 wk Thu 18-04-
19
Wed 24-04-
19
73 Implementing Roof Shingles 1 wk Thu 25-04- Wed 01-05-
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14TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
19 19
74 Exterior Finishes 2 wks Thu 18-04-
19
Wed 01-
05-19
75 Exterior Trim 1 wk Thu 18-04-
19
Wed 24-04-
19
76 Brick Work 1 wk Thu 25-04-
19
Wed 01-05-
19
77 Insulation 18 wks Thu 11-04-
19
Wed 14-
08-19
78 Draft & Fire Set up 1 wk Thu 11-04-
19
Wed 17-04-
19
79 Insulation of Batt 1 wk Thu 11-04-
19
Wed 17-04-
19
80 Inspection of BGE Energy 1 wk Thu 11-04-
19
Wed 17-04-
19
81 Floor Finishes 2 wks Thu 11-07-
19
Wed 24-07-
19
82 Implementing Ceramic Tiles 2 wks Thu 25-07-
19
Wed 07-08-
19
83 Installation of Carpet 1 wk Thu 08-08-
19
Wed 14-08-
19
84 Painting 6 wks Thu 25-07-
19
Wed 04-
09-19
85 Trim Coating 2 wks Thu 25-07-
19
Wed 07-08-
19
86 Drywall Coating 2 wks Thu 08-08-
19
Wed 21-08-
19
87 Doors and Windows Coating 2 wks Thu 22-08-
19
Wed 04-09-
19
88 Hardware installation 2 wks Thu 05-09-
19
Wed 18-
09-19
89 Door Installation 1 wk Thu 05-09-
19
Wed 11-09-
19
90 Hardware installation of
Bathrooms 1 wk Thu 12-09-
19
Wed 18-09-
19
91 Mirrors installation 1 wk Thu 12-09-
19
Wed 18-09-
19
92 Cleaning 3 wks Thu 12-09-
19
Wed 02-
10-19
93 Building Windows Cleaning 1 wk Thu 12-09-
19
Wed 18-09-
19
94 Rough Cleaning 2 wks Thu 19-09-
19
Wed 02-10-
19
95 Project Closure 7 wks Thu 03-10-
19
Wed 20-
11-19
96 Project Handover 3 wks Thu 03-10-
19
Wed 23-10-
19
97 Client's Agreement 2 wks Thu 24-10-
19
Wed 06-11-
19
98 Documentation Review for the 1 wk Thu 07-11- Wed 13-11-
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15TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Building and Approval 19 19
99 Resource Release 2 wks Thu 07-11-
19
Wed 20-11-
19

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16TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Calendar View
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17TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
6. Bar Chart and Gantt Chart
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18TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
7. Critical Path Network Analysis

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19TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
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20TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
8. Resource profile for the project and level overallocated resources
Resource profile initially
Resource Name Type Max. Units Std. Rate
Department of Sales Work 100% $20.00/hr
Department of Construction Work 100% $20.00/hr
Project Manager Work 100% $25.00/hr
Civil Engineer Work 100% $22.00/hr
Sediment Controlling Inspector Work 100% $18.00/hr
Supplier Work 100% $15.00/hr
Mason Work 100% $15.00/hr
Construction Subcontractor Work 100% $18.00/hr
Electrician Work 100% $12.00/hr
Hardware Subcontractor Work 100% $15.00/hr
Painter and Decorator Work 100% $15.00/hr
Cleaning Staff Work 100% $10.00/hr
Builder Work 100% $16.00/hr
Mechanical Subcontractor Work 100% $18.00/hr
Field Superintendent Work 100% $20.00/hr
Plumber Work 100% $15.00/hr
Client Work 100% $0.00/hr
Pest Controller Work 100% $0.00/hr
The resources highlighted with red are the ones which are over-allocated. The
resources can be levelled by applying appropriate Resource Levelling and Resource
Smoothing technique.
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21TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Resource profile after Resource Levelling
Resource Name Type Max. Units Std. Rate
Department of Sales Work 100% $20.00/hr
Department of Construction Work 100% $20.00/hr
Project Manager Work 100% $25.00/hr
Civil Engineer Work 100% $22.00/hr
Sediment Controlling Inspector Work 100% $18.00/hr
Supplier Work 100% $15.00/hr
Mason Work 100% $15.00/hr
Construction Subcontractor Work 100% $18.00/hr
Electrician Work 100% $12.00/hr
Hardware Subcontractor Work 100% $15.00/hr
Painter and Decorator Work 100% $15.00/hr
Cleaning Staff Work 100% $10.00/hr
Builder Work 100% $16.00/hr
Mechanical Subcontractor Work 100% $18.00/hr
Field Superintendent Work 100% $20.00/hr
Plumber Work 100% $15.00/hr
Client Work 100% $0.00/hr
Pest Controller Work 100% $0.00/hr
The project plan also gets changed. The entire project schedule gets affected due to
the resource levelling (Zhang et al., 2014). The overall duration of the project after resource
levelling get increased to 94.6 weeks.
ID Task Name Duration Resource Names
1 Building Construction by ADCO
Constructions 94.6 wks
2 Contract Plans 16 wks
3 Sales Agreement 3 wks Department of Sales
4 Construction Agreement 3 wks Client,Project Manager
5 Building Contract Plans 6 wks
Civil Engineer,Construction
Subcontractor,Department of
Construction
6 Contract Specifications for the
building 4 wks
Construction
Subcontractor,Department of
Construction
7 Contract Site Plan for erecting the
building 6 wks
Construction
Subcontractor,Department of
Construction
8 Documentation Review for the
Building and Approval 15 wks

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22TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
9 Finalising Plans for the Building
and Preparation of Documentation 3 wks Department of Construction,Project
Manager
10
Finalising Specifications for the
Building and Preparation of
Documents
3 wks Project Manager
11 Entire Construction Design of the
Building 3 wks Civil Engineer
12 Revised Plans Approval for the
Building 2 wks Client,Project Manager
13 Print Building Construction Design 3 wks Civil Engineer,Department of
Construction,Project Manager
14 Bids and Contracts 79 wks
15 Preparing Copies of Plans 5 wks Project Manager,Civil
Engineer,Department of Construction
16 Preparing Copies for
Specifications 4 wks Project Manager,Department of
Construction
17 Receiving Bids 2 wks Project Manager
18 Detailed Review of Bids 3 wks Project Manager,Civil Engineer,Builder
19 Execution of Subcontractor
Agreements for Building Construction 2 wks
Construction
Subcontractor,Department of
Construction
20 Building Construction Permits 3 wks Civil Engineer,Project Manager,Builder
21 lot stake-out scheduling 2 wks Builder,Department of Construction
22 Meet requirements for the
Sediment Control Inspection 4 wks Builder,Sediment Controlling Inspector
23 Filing Grading Permit Application 2 wks Project Manager,Builder,Civil
Engineer,Department of Construction
24 Issuing Grading Permit 2 wks Civil Engineer,Department of
Construction,Project Manager
25 Approving Building Construction 4 wks Client,Department of Construction
26 Approving Pay Permit Fees 4 wks Client
27 Site Work 5 wks
Builder,Civil Engineer,Construction
Subcontractor,Department of
Construction,Mechanical
Subcontractor,Project Manager,Field
Superintendent
28 Clearance of lot 2 wks Builder
29 Stripping Stockpile and Topsoil 4 wks Builder,Construction Subcontractor
30 Excavation of Stake lot 4 wks Builder,Construction Subcontractor
31 Foundation 52 wks
32 Digging Footings and Installation
of Reinforcing 3 wks Builder,Mechanical Subcontractor
33 Inspection of Footings 2 wks Builder,Mechanical Subcontractor
34 Pin Fittings 2 wks Builder,Mechanical Subcontractor
35 Pour Footings 2 wks Builder,Mechanical Subcontractor
36 Sand, Stock Block and Mortar 3 wks Mason,Builder
37 Foundation of Build Block 3 wks Builder,Construction Subcontractor
38 Foundation Certification 3 wks Civil Engineer,Department of
Construction
Document Page
23TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
39 Fill Block Cores 8 wks Builder,Construction
Subcontractor,Mason
40 Delivery of Steel for Building
Construction 3 wks Supplier
41 Delivery of Lumber for Building
Construction 3 wks Supplier
42 Building Waterproofing and Drain
Tile 4 wks Builder,Civil Engineer
43 Carpentry works of the Building 2 wks Painter and Decorator
44 Setting Steel 4 wks Builder,Department of Construction
45 Framing of deck for the first floor
of the Building 2 wks Construction Subcontractor
46 Framing of walls for the first floor
of the Building 2 wks
Construction
Subcontractor,Department of
Construction
47 Framing of Deck for the second
floor of the Building 2 wks
Builder,Construction
Subcontractor,Department of
Construction
48 Framing of walls for the second
floor of the Building 4 wks Builder,Department of
Construction,Department of Sales
49 Setting up of Roof trusses 3 wks Mechanical Subcontractor
50 Framing of Roof 4 wks Builder,Mechanical Subcontractor
51 Installation of Plywood for Roof for
the Building 6 wks Builder,Mechanical
Subcontractor,Painter and Decorator
52 Installation of Doors and Windows
of the Building 2 wks Builder,Mechanical Subcontractor
53 Framing the Basement 5 wks
Builder,Construction
Subcontractor,Department of
Construction,Mechanical Subcontractor
54 Concrete Slab Installation 6 wks
55 Preparation of Basement Slab of
the Building 2 wks Builder
56 Termite Treatment for the Slab 2 wks Pest Controller
57 Detailed Inspection of the slabs 2 wks Civil Engineer,Construction
Subcontractor,Project Manager
58 H.V.A.C 2 wks
59 Layout and Measurement of the
HVAC 1 wk Mechanical Subcontractor
60 HVAC Set up 1 wk Mechanical Subcontractor
61 Plumbing Rough-in 2 wks
62 Plumbing Rough-in 1 wk Plumber
63 Inspection of Plumbing Rough-in 1 wk Plumber
64 Electric Rough-in 3 wks
65 Setting up of Electric Boxes 2 wks Electrician
66 Electrical Rough-wire 1 wk Electrician
67 Rough-ins 3 wks
68 Telephone Rough-ins 1 wk Mechanical Subcontractor
69 Audio Visual Rough-in 1 wk Mechanical Subcontractor
70 Rough-in of Alarm System 1 wk Mechanical Subcontractor
Document Page
24TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
71 Roofing 11 wks
72 Implementing Roofing Paper 2 wks Department of
Construction,Builder,Mason
73 Implementing Roof Shingles 2 wks Builder,Department of
Construction,Mason
74 Exterior Finishes 6 wks
75 Exterior Trim 2 wks Builder,Mason
76 Brick Work 1 wk Builder,Mason
77 Insulation 25 wks
78 Draft & Fire Set up 1 wk Builder,Hardware Subcontractor
79 Insulation of Batt 2 wks Builder,Hardware Subcontractor
80 Inspection of BGE Energy 2 wks Builder,Hardware Subcontractor
81 Floor Finishes 4 wks Builder,Department of Construction
82 Implementing Ceramic Tiles 4 wks Builder,Department of Construction
83 Installation of Carpet 1 wk Painter and Decorator
84 Painting 6 wks
85 Trim Coating 2 wks Painter and Decorator
86 Drywall Coating 2 wks Painter and Decorator
87 Doors and Windows Coating 2 wks Painter and Decorator
88 Hardware installation 4 wks
89 Door Installation 1 wk Construction Subcontractor
90 Hardware installation of
Bathrooms 2 wks Construction Subcontractor,Hardware
Subcontractor
91 Mirrors installation 2 wks Construction Subcontractor,Hardware
Subcontractor
92 Cleaning 3 wks
93 Building Windows Cleaning 1 wk Cleaning Staff
94 Rough Cleaning 2 wks Cleaning Staff
95 Project Closure 8 wks
96 Project Handover 3 wks Department of Sales,Project Manager
97 Client's Agreement 2 wks Client
98 Documentation Review for the
Building and Approval 1 wk Project Manager
99 Resource Release 2 wks Project Manager

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25TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
9. Earned Value Analysis
Task Name
Planned
Value -
PV
(BCWS)
Earned
Value -
EV
(BCWP)
AC
(ACWP) SV CV EAC BAC VAC SPI CPI
Building
Constructi
on by
ADCO
Constructi
ons
$2,520
.00
$2,314
.28
$2,520
.00
-
$205.
73
-
$205.
72
$261,85
7.21
$240,48
0.00
-
$21,377
.21
0.9
2
0.9
2
Contract
Plans
$2,520
.00
$2,314
.28
$2,520
.00
-
$205.
73
-
$205.
72
$25,305.
89
$23,240.
00
-
$2,065.
89
0.9
2
0.9
2
Sales
Agreement
$1,120.
00
$1,028.
57
$1,120.
00
-
$91.4
3
-
$91.4
3
$2,613.35 $2,400.00 -$213.35 0.9
2
0.9
2
Construction
Agreement
$1,400.
00
$1,285.
71
$1,400.
00
-
$114.
29
-
$114.
29
$4,573.35 $4,200.00 -$373.35 0.9
2
0.9
2
Building
Contract
Plans
$0.00 $0.00 $0.00 $0.00 $0.00 $7,200.00 $7,200.00 $0.00 0 0
Contract
Specification
$0.00 $0.00 $0.00 $0.00 $0.00 $6,080.00 $6,080.00 $0.00 0 0
Document Page
26TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
s for the
building
Contract
Site Plan for
erecting the
building
$0.00 $0.00 $0.00 $0.00 $0.00 $4,560.00 $4,560.00 $0.00 0 0
Documenta
tion
Review for
the
Building
and
Approval
$0.00 $0.00 $0.00 $0.00 $0.00 $15,720.
00
$15,720.
00 $0.00 0 0
Finalising
Plans for the
Building and
Preparation
of
Documentati
on
$0.00 $0.00 $0.00 $0.00 $0.00 $5,400.00 $5,400.00 $0.00 0 0
Finalising
Specification
s for the
Building and
Preparation
of
Documents
$0.00 $0.00 $0.00 $0.00 $0.00 $3,000.00 $3,000.00 $0.00 0 0
Entire
Construction
Design of
the Building
$0.00 $0.00 $0.00 $0.00 $0.00 $2,640.00 $2,640.00 $0.00 0 0
Revised
Plans
Approval for
the Building
$0.00 $0.00 $0.00 $0.00 $0.00 $2,800.00 $2,800.00 $0.00 0 0
Print
Building
Construction
Design
$0.00 $0.00 $0.00 $0.00 $0.00 $2,680.00 $2,680.00 $0.00 0 0
Bids and
Contracts $0.00 $0.00 $0.00 $0.00 $0.00 $84,440.
00
$84,440.
00 $0.00 0 0
Preparing
Copies of
Plans
$0.00 $0.00 $0.00 $0.00 $0.00 $5,360.00 $5,360.00 $0.00 0 0
Preparing
Copies for
Specification
$0.00 $0.00 $0.00 $0.00 $0.00 $3,600.00 $3,600.00 $0.00 0 0
Document Page
27TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
s
Receiving
Bids
$0.00 $0.00 $0.00 $0.00 $0.00 $2,000.00 $2,000.00 $0.00 0 0
Detailed
Review of
Bids
$0.00 $0.00 $0.00 $0.00 $0.00 $7,560.00 $7,560.00 $0.00 0 0
Execution of
Subcontract
or
Agreements
for Building
Construction
$0.00 $0.00 $0.00 $0.00 $0.00 $3,040.00 $3,040.00 $0.00 0 0
Building
Construction
Permits
$0.00 $0.00 $0.00 $0.00 $0.00 $7,560.00 $7,560.00 $0.00 0 0
lot
stake-out
scheduling
$0.00 $0.00 $0.00 $0.00 $0.00 $2,880.00 $2,880.00 $0.00 0 0
Meet
requirement
s for the
Sediment
Control
Inspection
$0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Filing
Grading
Permit
Application
$0.00 $0.00 $0.00 $0.00 $0.00 $6,640.00 $6,640.00 $0.00 0 0
Issuing
Grading
Permit
$0.00 $0.00 $0.00 $0.00 $0.00 $5,360.00 $5,360.00 $0.00 0 0
Approving
Building
Construction
$0.00 $0.00 $0.00 $0.00 $0.00 $4,800.00 $4,800.00 $0.00 0 0
Approving
Pay Permit
Fees
$0.00 $0.00 $0.00 $0.00 $0.00 $1,600.00 $1,600.00 $0.00 0 0
Site
Work $0.00 $0.00 $0.00 $0.00 $0.00 $27,800.0
0
$27,800.0
0 $0.00 0 0
Clearance of
lot
$0.00 $0.00 $0.00 $0.00 $0.00 $1,280.00 $1,280.00 $0.00 0 0
Stripping
Stockpile
and Topsoil
$0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Excavation
of Stake lot
$0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0

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28TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Foundation $0.00 $0.00 $0.00 $0.00 $0.00 $73,760.
00
$73,760.
00 $0.00 0 0
Digging
Footings and
Installation
of
Reinforcing
$0.00 $0.00 $0.00 $0.00 $0.00 $4,080.00 $4,080.00 $0.00 0 0
Inspection of
Footings
$0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Pin
Fotings $0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Pour
Footings $0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Sand,
Stock Block
and Mortar
$0.00 $0.00 $0.00 $0.00 $0.00 $3,720.00 $3,720.00 $0.00 0 0
Foundation
of Build
Block
$0.00 $0.00 $0.00 $0.00 $0.00 $4,080.00 $4,080.00 $0.00 0 0
Foundation
Certification
$0.00 $0.00 $0.00 $0.00 $0.00 $5,040.00 $5,040.00 $0.00 0 0
Fill Block
Cores $0.00 $0.00 $0.00 $0.00 $0.00 $5,880.00 $5,880.00 $0.00 0 0
Delivery
of Steel for
Building
Construction
$0.00 $0.00 $0.00 $0.00 $0.00 $1,800.00 $1,800.00 $0.00 0 0
Deivery
of Lumber
for Building
Construction
$0.00 $0.00 $0.00 $0.00 $0.00 $1,800.00 $1,800.00 $0.00 0 0
Building
Waterproofi
ng and
Drain Tile
$0.00 $0.00 $0.00 $0.00 $0.00 $3,040.00 $3,040.00 $0.00 0 0
Carpentry
works of the
Building
$0.00 $0.00 $0.00 $0.00 $0.00 $1,200.00 $1,200.00 $0.00 0 0
Setting
Steel $0.00 $0.00 $0.00 $0.00 $0.00 $5,760.00 $5,760.00 $0.00 0 0
Framing
of deck for
the first
floor of the
Building
$0.00 $0.00 $0.00 $0.00 $0.00 $1,440.00 $1,440.00 $0.00 0 0
Framing
of walls for
$0.00 $0.00 $0.00 $0.00 $0.00 $3,040.00 $3,040.00 $0.00 0 0
Document Page
29TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
the first
floor of the
Building
Framing
of Deck for
the second
floor of the
Building
$0.00 $0.00 $0.00 $0.00 $0.00 $4,320.00 $4,320.00 $0.00 0 0
Framing
of walls for
the second
floor of the
Building
$0.00 $0.00 $0.00 $0.00 $0.00 $4,480.00 $4,480.00 $0.00 0 0
Setting
up of Roof
trusses
$0.00 $0.00 $0.00 $0.00 $0.00 $2,160.00 $2,160.00 $0.00 0 0
Framing
of Roof $0.00 $0.00 $0.00 $0.00 $0.00 $2,720.00 $2,720.00 $0.00 0 0
Installation
of Plywood
for Roof for
the Building
$0.00 $0.00 $0.00 $0.00 $0.00 $3,920.00 $3,920.00 $0.00 0 0
Installation
of Doors and
Windows of
the Building
$0.00 $0.00 $0.00 $0.00 $0.00 $1,360.00 $1,360.00 $0.00 0 0
Framing
the
Basement
$0.00 $0.00 $0.00 $0.00 $0.00 $5,760.00 $5,760.00 $0.00 0 0
Concrete
Slab
Installation
$0.00 $0.00 $0.00 $0.00 $0.00 $3,880.0
0
$3,880.0
0 $0.00 0 0
Preparation
of Basement
Slab of the
Building
$0.00 $0.00 $0.00 $0.00 $0.00 $1,280.00 $1,280.00 $0.00 0 0
Termite
Treatment
for the Slab
$0.00 $0.00 $0.00 $0.00 $0.00 $800.00 $800.00 $0.00 0 0
Detailed
Inspection of
the slabs
$0.00 $0.00 $0.00 $0.00 $0.00 $2,600.00 $2,600.00 $0.00 0 0
H.V.A.C $0.00 $0.00 $0.00 $0.00 $0.00 $1,440.0
0
$1,440.0
0 $0.00 0 0
Layout
and
Measureme
nt of the
HVAC
$0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Document Page
30TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
HVAC
Set up $0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Plumbing
Rough-in $0.00 $0.00 $0.00 $0.00 $0.00 $1,200.0
0
$1,200.0
0 $0.00 0 0
Plumbing
Rough-in
$0.00 $0.00 $0.00 $0.00 $0.00 $600.00 $600.00 $0.00 0 0
Inspection of
Plumbing
Rough-in
$0.00 $0.00 $0.00 $0.00 $0.00 $600.00 $600.00 $0.00 0 0
Electric
Rough-in $0.00 $0.00 $0.00 $0.00 $0.00 $1,440.0
0
$1,440.0
0 $0.00 0 0
Setting
up of
Electric
Boxes
$0.00 $0.00 $0.00 $0.00 $0.00 $960.00 $960.00 $0.00 0 0
Electrical
Rough-wire
$0.00 $0.00 $0.00 $0.00 $0.00 $480.00 $480.00 $0.00 0 0
Rough-
ins $0.00 $0.00 $0.00 $0.00 $0.00 $2,160.0
0
$2,160.0
0 $0.00 0 0
Telephone
Rough-ins
$0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Audio
Visual
Rough-in
$0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Rough-in
of Alarm
System
$0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Roofing $0.00 $0.00 $0.00 $0.00 $0.00 $4,080.0
0
$4,080.0
0 $0.00 0 0
Implementin
g Roofing
Paper
$0.00 $0.00 $0.00 $0.00 $0.00 $2,040.00 $2,040.00 $0.00 0 0
Implementin
g Roof
Shingles
$0.00 $0.00 $0.00 $0.00 $0.00 $2,040.00 $2,040.00 $0.00 0 0
Exterior
Finishes $0.00 $0.00 $0.00 $0.00 $0.00 $2,480.0
0
$2,480.0
0 $0.00 0 0
Exterior
Trim $0.00 $0.00 $0.00 $0.00 $0.00 $1,240.00 $1,240.00 $0.00 0 0
Brick
Work $0.00 $0.00 $0.00 $0.00 $0.00 $1,240.00 $1,240.00 $0.00 0 0
Insulation $0.00 $0.00 $0.00 $0.00 $0.00 $10,080.
00
$10,080.
00 $0.00 0 0
Draft &
Fire Set up $0.00 $0.00 $0.00 $0.00 $0.00 $1,240.00 $1,240.00 $0.00 0 0

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31TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Insulation of
Batt
$0.00 $0.00 $0.00 $0.00 $0.00 $1,240.00 $1,240.00 $0.00 0 0
Inspection of
BGE Energy
$0.00 $0.00 $0.00 $0.00 $0.00 $1,240.00 $1,240.00 $0.00 0 0
Floor
Finishes $0.00 $0.00 $0.00 $0.00 $0.00 $2,880.00 $2,880.00 $0.00 0 0
Implementin
g Ceramic
Tiles
$0.00 $0.00 $0.00 $0.00 $0.00 $2,880.00 $2,880.00 $0.00 0 0
Installation
of Carpet
$0.00 $0.00 $0.00 $0.00 $0.00 $600.00 $600.00 $0.00 0 0
Painting $0.00 $0.00 $0.00 $0.00 $0.00 $3,600.0
0
$3,600.0
0 $0.00 0 0
Trim
Coating $0.00 $0.00 $0.00 $0.00 $0.00 $1,200.00 $1,200.00 $0.00 0 0
Drywall
Coating $0.00 $0.00 $0.00 $0.00 $0.00 $1,200.00 $1,200.00 $0.00 0 0
Doors
and
Windows
Coating
$0.00 $0.00 $0.00 $0.00 $0.00 $1,200.00 $1,200.00 $0.00 0 0
Hardware
installation
$0.00 $0.00 $0.00 $0.00 $0.00 $3,360.0
0
$3,360.0
0 $0.00 0 0
Door
Installation $0.00 $0.00 $0.00 $0.00 $0.00 $720.00 $720.00 $0.00 0 0
Hardware
installation
of
Bathrooms
$0.00 $0.00 $0.00 $0.00 $0.00 $1,320.00 $1,320.00 $0.00 0 0
Mirrors
installation $0.00 $0.00 $0.00 $0.00 $0.00 $1,320.00 $1,320.00 $0.00 0 0
Cleaning $0.00 $0.00 $0.00 $0.00 $0.00 $1,200.0
0
$1,200.0
0 $0.00 0 0
Building
Windows
Cleaning
$0.00 $0.00 $0.00 $0.00 $0.00 $400.00 $400.00 $0.00 0 0
Rough
Cleaning $0.00 $0.00 $0.00 $0.00 $0.00 $800.00 $800.00 $0.00 0 0
Project
Closure $0.00 $0.00 $0.00 $0.00 $0.00 $8,400.0
0
$8,400.0
0 $0.00 0 0
Project
Handover $0.00 $0.00 $0.00 $0.00 $0.00 $5,400.00 $5,400.00 $0.00 0 0
Client's
Agreement $0.00 $0.00 $0.00 $0.00 $0.00 $800.00 $800.00 $0.00 0 0
$0.00 $0.00 $0.00 $0.00 $0.00 $1,000.00 $1,000.00 $0.00 0 0
Document Page
32TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Documentati
on Review
for the
Building and
Approval
Resource
Release
$0.00 $0.00 $0.00 $0.00 $0.00 $2,000.00 $2,000.00 $0.00 0 0
Document Page
33TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Earned Value Graph

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34TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
References
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Burtonshaw-Gunn, S. A. (2017). Risk and financial management in construction. Routledge.
Chen, H. L., Chen, W. T., & Lin, Y. L. (2016). Earned value project management: Improving
the predictive power of planned value. International Journal of Project
Management, 34(1), 22-29.
Clevenger, C. M., Brothers, H., Abdallah, M., & Wolf, K. (2017). Initial Assessment of a
Newly Launched Interdisciplinary Construction Engineering Management Graduate
Program. Journal of Professional Issues in Engineering Education and
Practice, 143(3), 04017001.
Demirkesen, S., & Ozorhon, B. (2017). Impact of integration management on construction
project management performance. International Journal of Project
Management, 35(8), 1639-1654.
Eroshkin, S. Y., Koryagin, N. D., Kovkov, D. V., Panov, D. V., & Sukhorukov, A. I. (2017).
The paradigm of the integration of different types of management information
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Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management.
Project Management Institute.
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