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Application of Earned Value Method for Analysing Cost and Time Performance in the Construction of the Bank Mandiri Flat in Pare-Pare, South Sulawesi

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Observational analysis highlights cost and schedule performance in construction, indicating improvements over time.

The project showed a Project Schedule Performance Index (SPI) of 1.076, indicating it was ahead of schedule.
Cost Performance Index (CPI) values below 1 from week 30 to week 38 demonstrated that costs exceeded the budget.
Utilizing the Earned Value method helped evaluate various performance aspects throughout the project.
The arrival of materials improved the CPI after week 39, reflecting better cost management moving forward.

Meldian et al. (2025) studied this question.

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