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Line of Balance Combined with Earned Value Management: A Case Study of a Housing Development Project in Nigeria

STUDENT PAPER

By Austin Iserhienrhien 

Port Harcourt, Nigeria
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          1.    ABSTRACT

LOB Against the EVM Analysis:

The Line of Balance Method (LOB) and Earned Value Management (EVM) analysis are simply variance techniques used in tracking the progress of a project. The LoB in the past was used to determine the variances in terms of cost and schedule which could occur on the project, whereas the EVM has gone further to determine the real situation by factoring in the actual work that was completed and predicting how much the project would spend if the work went on as at the time of carrying out the analysis. However, from the list of tables and figures below, the integrated LoB and EVM technique is more detailed in terms of determining the performance as well as forecasting what the end of the project could be.

Key words: Line of Balance Scheduling Technique, Earned Value Management Best Practices, Project failures Causes & Effects, Work Breakdown Structure, Organization Breakdown Structure, Cost Breakdown Structure.

          2.    INTRODUCTION

As a result of declining housing affordability in Nigeria due to prevalent economic recession, building and managing low-cost housing of identical apartment units has been adopted in order to make housing project delivery system seamless and affordable to low income earners. This multi-unit project scope of work is characterized by repeating activities, which in most instances comprises of a plan for a single apartment unit in an integrated system of project management and control using Line of Balance Scheduling Technique and Earned Value Management Best Practices.

Some of major challenges associated with housing project execution and delivery system failure include:

More…

Editor’s note: Student papers are authored by graduate or undergraduate students based on coursework at accredited universities or training programs.  This paper was prepared as a result of a course delivered by Dr Paul Giammalvo of PT Mitratata Citragraha in Jakarta, Indonesia.  The paper was submitted to the Association for the Advancement of Cost Engineering International (AACEi) in 2013 in fulfillment of the certified cost engineering consultant (CCEC) requirements, for which the author was a successful applicant.

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About the Author

flag-nigeriapmwj14-sep2013-Iserhienrhien IMAGE 150x141Austin Iserhienrhien 

Port Harcourt, Nigeria 

Austin Agbonavbare Iserhienrhien HND (Quantity Surveying), PGD [Computer Science], MBA [Project Management], is a Project Management and Cost Controls professional with over 15 years’ experience in the Oil and Gas Industry. He is currently a designate Senior Cost Engineer with Shell Petroleum Development Company, Nigeria, based in Port-Harcourt. Austin is partially AACE Certified Cost Professional [CCP], with a vision to build a career in the Oil and Gas Industry’s Project & Financial Management Sectors and contributes positively in a bid to save costs, improve performance and incorporate Best Practices in Project Delivery, where Profitability and Quality share equal importance in investments. He presently lives in Port-Harcourt, Nigeria and can be reached at [email protected]