Published since 1923
DOI: 10.33622/0869-7019
Russian Science Citation Index (RSCI) на платформе Web of Science


  • TECHNOLOGY AND ORGANIZATION OF CONSTRUCTION
  • Evaluating The Effectiveness Of The EVM Model
  • UDC 624.05
    doi: 10.33622/0869-7019.2024.10.58-65
    Vadim N. KABANOV, kabanovvn@yandex.ru
    Elena V. MIKHAYLOVA, tranz-volga@yandex.ru
    National Research Moscow State Civil Engineering University, Yaroslavskoye shosse, 26, Moscow 129337, Russian Federation
    Abstract. The article considers the EVM model and evaluates its efficiency. The authors use the term "capital investment development trajectory" as a synonym for the EVM model. To describe the trajectory (procedure) for financing a capital construction project, it is proposed to use a well-known model of progressive motion of a material point. To construct the EVM model trajectory, special cases of progressive motion are considered, including uniform, uniformly accelerated and uniformly decelerated motion. .By the efficiency of a capital investment project, the authors mean the amount of monetary obligations to the investor that ensures a given level of profitability. The efficiency of the capital investment development trajectory in the EVM model is determined by the amount of obligations accumulated by the time the facility is put into operation (completion of construction). An efficiency criterion is proposed for assessing the capital investment development trajectory in the EVM model, which has significant advantages over traditional approaches to assessing the efficiency of direct investments.
    Keywords: trajectory of capital investment development, calendar schedule of construction and installation works, construction duration, investment and construction project, efficiency of capital investments
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  • For citation: Kabanov V. N., Mikhaylova E. V. Evaluating the Effectiveness of the EVM Model. Promyshlennoe i grazhdanskoe stroitel'stvo [Industrial and Civil Engineering], 2024, no. 10, pp. 58-65. (In Russ.). doi: 10.33622/0869-7019.2024.10.58-65

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