Earned Value for Construction Projects: A Simple Guide
Use planned value, earned value and actual cost to understand schedule and cost performance early.
Use planned value, earned value and actual cost to understand schedule and cost performance early.
Establish the budgeted plan
Time-phase the approved budget so planned value is available for each reporting date.
Measure earned progress
Credit value only for verified completed work using consistent rules.
Compare cost and schedule
CPI and SPI reveal whether value is being delivered efficiently and on time.
Forecast completion
Combine current performance with remaining work and known risks to update the expected final cost.
Use this in Build Mart Nepal
Turn the guidance into action by creating a project, loading a BOQ, matching local providers, issuing quotations and storing approvals in the Build Mart Nepal construction operating system.
Quick implementation checklist
- Define the required outcome and acceptance evidence.
- Assign an owner and target date.
- Record quotations, approvals and changes.
- Inspect completed work and retain handover records.
NepalBuild Admin
Content Team · BuildMartNepal.com — Nepal's construction materials marketplace
Similar articles
Construction Project Controls: Schedule, Cost, Quality and Risk
An integrated project-control framework for owners, consultants and contractors managing construction in Nepal.
Checklist for Buying Construction Materials Online in Nepal
Verify specifications, sellers, certification, delivery, payment and inspection before ordering construction products online.
BOQ Basics for Homeowners and Small Contractors in Nepal
Understand BOQ items, units, rates, provisional sums, variations and payment measurements before construction starts.
Construction Quotation Comparison: Price Is Not the Only Number
A practical method for comparing scope, specification, tax, lead time, warranty and exclusions across quotations.