ORIGINAL ARTICLE
Correlation Between Progress of Construction Works and Their Financial Spend in the Execution of Residential Buildings
1
Faculty of Civil Engineering,
Department of Building Engineering, Wroclaw University of Science and Technology, Poland
These authors had equal contribution to this work
Submission date: 2025-02-25
Final revision date: 2025-03-17
Acceptance date: 2025-03-25
Online publication date: 2025-04-27
Publication date: 2025-04-27
Corresponding author
Mariusz Paweł Szóstak
Faculty of Civil Engineering, Department of Building Engineering, Wroclaw University of Science and Technology, 27 Wybrzeże Wyspiańskiego st., 50-370, Poland, Poland
Faculty of Civil Engineering, Department of Building Engineering, Wroclaw University of Science and Technology, 27 Wybrzeże Wyspiańskiego st., 50-370, Poland, Poland
Civil and Environmental Engineering Reports 2025;35(2):280-296
KEYWORDS
TOPICS
ABSTRACT
The aim of the research was to determine and proof the real correlation of construction works and their financial spend in relation of the selected group of Residential Buildings X. Deviations and their impact on the correlation in relation to construction and financial throughput were determined and analysed using the basic indicators of the Earned Value Method (EVM), i.e.: estimated final cost of estimated at completion (EAC) projects and correlation with their deadlines for estimated time at completion (ETTC). Additional studies have attempted to approximate the final cost of the EAC more accurately, which is referred to in this study as EAC-S. The obtained results of observations over the entire period of implementation of the selected housing estate were also analysed in statistics used in standard deviation coefficients and Pearson linear correlation r. Such an experiment was performed both for investment X at the moment of flattening of the S curve for cumulative works. Having a dataset from the period of the excessive curve in the case of Residential Buildings X, the result closest to the actual final costs was obtained. The designated indicator overestimated the budget by only 0. 205%. Thus, the EAC Estimated Final Cost Index indicated a value of 0. 422%.
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| eISSN: | 2450-8594 |
| ISSN: | 2080-5187 |
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