Cost Control Technic for Construction Projects
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How to quote Item Rate Tender? & How to calculate its Market Rate Justification. This program is very useful for calculating Earn Value Analysis,… Read More
How to quote Item Rate Tender? & How to calculate its Market Rate Justification. This program is very useful for calculating Earn Value Analysis, Cost Control & Resource Management. This program contains more than 10 million links which are interconnected, more than 10 thousand formulae which are used, total 4000 thousand Civil item rate analysis based on current market rates. It include all type of civil Engineering Calculations. Read Less
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(This is my Working Approach for willing to improve system in any Organisation)
How to quote  Tender (Item Rate)?
How to calculate its Current Market Rate Analysis?
How to Calculate Resources Cost of Project?
I have solved all above questions in below Program..
This software is very useful for calculating Earn Value Analysis, Cost Control & Resource Management.This program contains more than 10 million links which are interconnected, more than 10thousand formulae which are used,total 4000 thousand Civil item rate analysis based on current market rates. It include all type of civil Engineering Calculations.
Earn Value Analysis : The process of considering scope, schedule, and resources, measured against a project’s actual performance. It compares the planned amount of work to the completed tasks, to the projects’ cost, to determine if the cost, schedule, and work completed (thus far) are all in Synch and in accordance with the plan. This analysis will show past performance and will estimate future efforts to complete the project.

Three quantities form the basis for cost performance measurement using Earned Value Management. They are Budgeted Cost of Work Scheduled (BCWS) or Planned Value (PV), Budgeted Cost of Work Performed (BCWP) or Earned Value (EV) and Actual Cost of Work Performed (ACWP) or Actual Cost (AC). The above quantities are defined below. • Budgeted Cost of Work Scheduled (BCWS) or Planned Value (PV) – The sum of budgets for all work packages scheduled to be accomplished within a given time period. • Budgeted Cost of Work Performed (BCWP) or Earned Value (EV) – The sum of budgets for completed work packages and completed portions of open work packages. • Actual Cost of Work Performed (ACWP) or Actual Cost (AC) – The actual cost incurred in accomplishing the work performed within a given time period. For equitable comparison, ACWP is only recorded for the work performed to date against tasks for which a BCWP is also reported.