Effective Construction Schedule Management: Construction Project Monitoring With Project Performance Indicators & The Project Status Report

Abstract

A thorough review of construction and engineering literature was conducted to discover and organize current best practices and standards for the purpose of monitoring a construction project. The status of a construction project is a measurement of its progress and performance in terms of time, cost, and scope. Awareness of a construction project's status improves decision-making on the part of owners, engineers, contractors, and other project stakeholders. Project Performance Indicators (PPI) are metrics generated by construction project schedules that define a project's status. Project personnel must monitor critical schedule and cost data, or PPI, in order to maintain control of the project. This thesis describes the methods of extracting and analyzing PPI as well as scheduling specification language supporting the ability to contractually obtain PPI. To that end, a Project Status Report (PSR) is developed to organize and display PPI for the purpose of documenting, reviewing, and analyzing PPI. In its entirety, the purpose of this thesis is to serve as a guideline for developing a construction project monitoring program in efforts to improve the rate of successful construction projects.