Sharif Digital Repository

Successful Cost Management in projects has a key role in projects’ final success. Earned Value Management methodology (EVM) as a known management tool especially for cost control and cost management, provides for effective planning, controlling, evaluation and corrective actions in the projects through integration of scope, cost and time. Existing budgeting and cost control structures in local projects based mainly upon manufacturing companies’ models has continuously proved inefficient. The current effort has intended to find an appropriate solution based on EVM for cost management in Iranian Offshore Engineering and Construction Company (IOEC). Since September 2008 a planned activity...