Earned Value Analysis techniques are becoming increasingly popular and as a result are starting to be implemented on more and more construction projects in the UK.

Initially resulting from target cost initiatives, construction clients have started to adopt EVA techniques to proactively monitor the progress and performance of their projects. It is becoming recognised that to carry out Earned Value Management it is essential for the data to come from a structured and auditable source.

Causeway Project Accounting provides the solution.

Through integration with Project Planning applications, Causeway Project Accounting enables the estimate to populate the project plan, allowing the estimated production for each period (milestone, accounts period, valuation) to be analysed.

By comparing this information with actual costs and actual measured progress it is possible to calculate the Cost Performance Indicator and the Schedule Performance Indicator respectively. Each of these is fundamental in Earned Value Management techniques enabling the forecast of ‘best case’ and ‘worst case’ final project costs. This includes variations and changes to the base line estimate.

Click Here to Download the Project Accounting Datasheet