This paper presents the services trade restrictiveness indices (STRIs) for construction, architecture and engineering services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers....

Ongoing pressure on prices for construction projects adds to the significance of cost estimation accuracy in building construction. Due to competition from Asian entrants, main contractors in the plant engineering industry are starting to face a similar situation. In the present paper, the cost...

Contracts should be matched to the unique situation of a Major Industrial Plant Project (MIPP). However, in reality, oftentimes contract forms are chosen that do not fit participant's (owners', contractors') competences and risk capabilities. In this paper, MIPP order contract forms are...

This paper addresses the implications of transitory changes in labor market conditions for low versus high educated workers on the decision to acquire education. To identify this effect, I use the improvement in the labor market prospects of low educated workers motivated by the increases in...

We use a large project-level dataset to estimate the length of the planning period for commercial construction projects in the United States. We find that these time-to-plan lags are long, averaging about 17 months when we aggregate the projects without regard to size and more than 28 months...

Objective – The objective of this study is to examine the impact of the environment uncertainty, predominantly from two factors which are supply uncertainty and design change to the relation between SCI and the supplier's performance in the construction sector. Methodology/Technique – The...

Critical Success Factors (CSFs) are those few ingredients to project management practice with direct or indirect impact on project success. CSFs comprise of most important elements which have to be systematically synchronized to ensure proper project delivery. Zimbabwean economy is characterized...

The objective of this study is to determine the effect of relevant variables related to strategic sources of financial resources — in our case, suppliers' trade credit and use of financial institutions — over performance among Spanish construction firms. By analyzing a large dataset...

The paper is aimed at analysis in the areas of strategic management, competitive position and decision-making in small and medium-sized construction enterprises according to their managers. It presents the results of the survey conducted in Czech Republic and Austria. The results are mutually...

This paper examines the relationships among the site risk, the probability of having accidents, the accident rate itself and the probability of firm survival in construction industry. We first assess safety levels on site using CONSRAT. We have examined during 11 years (2000-2010) 502...