Integrated CO2, cost, and schedule management system for building construction projects using the earned value management theory

Jimin Kim, Choongwan Koo, Chan Joong Kim, Taehoon Hong, Hyo Seon Park

Research output: Contribution to journalArticle

21 Citations (Scopus)

Abstract

Although the construction phase in a building's life cycle is relatively very short, the density of the CO2 emissions in the construction phase is very higher than that in the other phases (i.e., operations and maintenance phase). However, there was little research on scheduling, monitoring, evaluating and forecasting CO2 emissions based on the construction schedule. To address this challenge, this research aimed to develop an integrated CO2, cost and schedule management (ICCSM) system for building construction projects using the earned value management theory. The proposed ICCSM system consisted of five steps: (i) definition of the project scope and organization; (ii) project planning and scheduling; (iii) estimation and budgeting of the CO2 emissions and construction costs; (iv) establishment and weighting of the project performance measurement baseline; and (v) monitoring and forecasting of the project performance. The case study showed that the ICCSM system can evaluate and forecast the project performance earlier and more accurately, based on the construction schedule, (i) when integrated weighting was implemented, the project performance can be estimated faster (i.e., one day earlier); and (ii) when 0.8 × (cost performance index) + 0.2 × (schedule performance index) was implemented as the index for calculating an estimate at completion, the project performance can be more accurately predicted (i.e., error rate = -0.24%). The ICCSM system could allow a project manager to monitor and forecast CO2 emissions and costs based on the construction schedule, simultaneously.

Original languageEnglish
Pages (from-to)275-285
Number of pages11
JournalJournal of Cleaner Production
Volume103
DOIs
Publication statusPublished - 2015 Jan 1

Fingerprint

building construction
cost
Costs
Scheduling
Budget control
Monitoring
project
Value management
Integrated
Construction project
Co2
Schedule
Earned value
Management system
Management theory
Life cycle
monitoring
Managers
Planning
Project performance

All Science Journal Classification (ASJC) codes

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Strategy and Management
  • Industrial and Manufacturing Engineering

Cite this

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abstract = "Although the construction phase in a building's life cycle is relatively very short, the density of the CO2 emissions in the construction phase is very higher than that in the other phases (i.e., operations and maintenance phase). However, there was little research on scheduling, monitoring, evaluating and forecasting CO2 emissions based on the construction schedule. To address this challenge, this research aimed to develop an integrated CO2, cost and schedule management (ICCSM) system for building construction projects using the earned value management theory. The proposed ICCSM system consisted of five steps: (i) definition of the project scope and organization; (ii) project planning and scheduling; (iii) estimation and budgeting of the CO2 emissions and construction costs; (iv) establishment and weighting of the project performance measurement baseline; and (v) monitoring and forecasting of the project performance. The case study showed that the ICCSM system can evaluate and forecast the project performance earlier and more accurately, based on the construction schedule, (i) when integrated weighting was implemented, the project performance can be estimated faster (i.e., one day earlier); and (ii) when 0.8 × (cost performance index) + 0.2 × (schedule performance index) was implemented as the index for calculating an estimate at completion, the project performance can be more accurately predicted (i.e., error rate = -0.24{\%}). The ICCSM system could allow a project manager to monitor and forecast CO2 emissions and costs based on the construction schedule, simultaneously.",
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Integrated CO2, cost, and schedule management system for building construction projects using the earned value management theory. / Kim, Jimin; Koo, Choongwan; Kim, Chan Joong; Hong, Taehoon; Park, Hyo Seon.

In: Journal of Cleaner Production, Vol. 103, 01.01.2015, p. 275-285.

Research output: Contribution to journalArticle

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