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Construction statistics review for Kenya
K'Akumu, O. A. - In: Construction Management and Economics 25 (2007) 3, pp. 315-326
Construction is a strategic industry in developing economies like Kenya. In order for construction to ably perform this …, finance and labour. Construction statistics of Kenya have been evaluated in order to ascertain their adequacy in terms of …
Persistent link: https://www.econbiz.de/10005633110
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System archetypes underlying the problematic behaviour of construction activity in Kenya
Mbiti, Titus Kivaa; Blismas, Nick; Wakefield, Ron; … - In: Construction Management and Economics 29 (2011) 1, pp. 3-13
Construction activity in Kenya fluctuates excessively and grows very slowly. This feature causes adverse effects on the … scrutiny of the problems themselves. In this paper, a system dynamics study of the construction industry of Kenya is presented … construction activity and foster continual growth of the activity in Kenya. …
Persistent link: https://www.econbiz.de/10009200310
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Enabling and measuring innovation in the construction industry
Gambatese, John; Hallowell, Matthew - In: Construction Management and Economics 29 (2011) 6, pp. 553-567
Innovation is vital to successful, long-term company performance in the construction industry. Understanding the innovation process, how innovation can be enhanced and how it can be measured are key steps to managing and enhancing innovation. The factors that affect innovation on a project were...
Persistent link: https://www.econbiz.de/10009277642
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Critical success factors for PPP/PFI projects in the UK construction industry
Li, Bing; Akintoye, A.; Edwards, P. J.; Hardcastle, C. - In: Construction Management and Economics 23 (2005) 5, pp. 459-471
Public-private partnerships (PPPs) are increasingly used in the United Kingdom's public facilities and services provision through the Private Finance Initiative (PFI). Despite some casualties, PPP/PFI projects have been undertaken successfully, but the reasons for success are not entirely clear....
Persistent link: https://www.econbiz.de/10005482464
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An efficient search procedure for the resource-constrained multi-project scheduling problem with discounted cash flows
Chiu, Huan Neng; Tsai, Deng Maw - In: Construction Management and Economics 20 (2002) 1, pp. 55-66
The main purposes of this study are to incorporate both the project delay penalty and early completion bonus into the objective function of the resource-constrained multi-project scheduling problem with discounted cash flows (RCMPSP-DCF) and to develop an efficient heuristic search scheduling...
Persistent link: https://www.econbiz.de/10005482528
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Measuring construction project participant satisfaction
Leung, Mei-Yung; Ng, S. Thomas; Cheung, Sai-On - In: Construction Management and Economics 22 (2004) 3, pp. 319-331
Construction projects involve numerous stakeholders, and their satisfaction could directly influence the performance of subsequent projects. Driven by a desire to improve project success, the critical satisfaction factors pertinent to the construction management process should be identified. In...
Persistent link: https://www.econbiz.de/10005482592
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The financial risks in build-operate-transfer projects
Xenidis, Yiannis; Angelides, Demos - In: Construction Management and Economics 23 (2005) 4, pp. 431-441
The build-operate-transfer (BOT) approach for developing infrastructure projects is a technique that allows fast realization of public works in cases of a shortage of public funds. This process is full of risks, due mainly to the complexity and extend of the disciplines, public agencies and...
Persistent link: https://www.econbiz.de/10005482636
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A macro approach to estimating correlated random variables in engineering production projects
Hudak, David; Maxwell, Mark - In: Construction Management and Economics 25 (2007) 8, pp. 883-892
An important consideration in cost risk analysis is the amount of correlation between different cost elements. If correlation is ignored, both the probability and magnitude of costs overruns could be significantly underestimated. The two major difficulties in implementing correlation addressed...
Persistent link: https://www.econbiz.de/10005141084
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A real options approach to valuing strategic flexibility in uncertain construction projects
Ford, David; Lander, Diane; Voyer, John - In: Construction Management and Economics 20 (2002) 4, pp. 343-351
To maximize project value, managers of construction projects must recognize, plan for and strategically manage uncertainty. Current construction planning, estimating, and management practices regarding uncertainty can undervalue projects by failing to exploit opportunities to increase project...
Persistent link: https://www.econbiz.de/10005445626
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Development of a benchmarking framework for pharmaceutical capital projects
Hwang, Bon-Gang; Thomas, Stephen; Degezelle, Deborah; … - In: Construction Management and Economics 26 (2008) 2, pp. 177-195
Benchmarking is a proven technique for improving project performance and, as such, is a critical component of any mature project delivery system. Competitive benchmarking requires industry-specific metrics in absolute terms since processes vary by industry, and any metrics used within a single...
Persistent link: https://www.econbiz.de/10005445663