Management of costs and schedules is one of the important factors for project management. The aim of the research is to create an Earned Value Management (EVM) system that can reduce errors and save time on cost calculations and time on project work. The EVM method uses the stages of determining the value of the indicator, calculating the value of the variance of cost and time variance, calculating the performance and cost performance index, and calculating the cost estimate. The flow of research conducted was literature study, data collection, analysis of manual EVM calculations, system design and development, application of the EVM method to the system, and system testing. This system was tested using data from the Outcome-Based Education (OBE) curriculum application development project at the University of Riau. The results obtained from these data are the value of the variance of the use of costs and the implementation of the schedule that exceeds the target that has been designed. The cost and schedule performance indexes do not match the project's cost plan and schedule. It can be estimated that the remaining costs incurred for work that has not been done are Rp. 4,162,696.98 with an estimated total cost of Rp. 55,812,696.98 so the University of Riau's OBE project costs Rp 5,812,696.98 more than the specified budget.

Abstract

Management of costs and schedules is one of the important factors for project management. The aim of the research is to create an Earned Value Management (EVM) system that can reduce errors and save time on cost calculations and time on project work. The EVM method uses the stages of determining the value of the indicator, calculating the value of the variance of cost and time variance, calculating the performance and cost performance index, and calculating the cost estimate. The flow of research conducted was literature study, data collection, analysis of manual EVM calculations, system design and development, application of the EVM method to the system, and system testing. This system was tested using data from the Outcome-Based Education (OBE) curriculum application development project at the University of Riau. The results obtained from these data are the value of the variance of the use of costs and the implementation of the schedule that exceeds the target that has been designed. The cost and schedule performance indexes do not match the project's cost plan and schedule. It can be estimated that the remaining costs incurred for work that has not been done are Rp. 4,162,696.98 with an estimated total cost of Rp. 55,812,696.98 so the University of Riau's OBE project costs Rp 5,812,696.98 more than the specified budget.