This book blends academic rigor and real world experience on the agile and planning schools of project management and the process of becoming a project leader. To some, project management is all about logically and rationally planning out dependencies and mapping them out into a flawless plan; a...

The mild recession experienced in the early part of this decade forced many US electrical contractors to reduce their profit margins as a way to win jobs and survive economically. However, to make up for lower profit margins, contractors turned to 'better planning' as a method for improving...

Change orders impact many areas of a construction project. However, the impacts that change orders have on labour efficiency are much harder to quantify than other impacts and therefore are a significant risk to contractors. Little research has been completed in the past quantifying these...

This article evaluates the economic benefit of methods that have been suggested to optimally sample (in an MSE sense) high-frequency return data for the purpose of realized variance/covariance estimation in the presence of market microstructure noise (Bandi and Russell, 2005a, 2008). We compare...

The purpose of this paper is to describe a systematic framework of stochastic modelling and prediction of financial default risk of construction contractors. Net-worth-to-asset ratio is identified as an index for default process modelling. The default condition is defined as when the ratio...