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As an economy approaches maturity, the relative importance of the construction sector would gradually decline. Without effective policies and strategies, the construction industry will suffer irreversably and this may trigger a knock-on effect to the overall economy. The experiences of selected...
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Labour resources are invaluable assets in the construction industry. Nurturing a quality workforce and promoting stable employment for construction personnel have often been advocated as part and parcel of an industrial policy. Yet, the future labour market of the industry is always uncertain,...
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The main task of contractors' estimators is to predict the likely costs involved in executing a future project. This is an onerous job as any errors made can undermine project success and ultimately reduce the contractors' profit margins. The inherent uncertainty of most construction work,...
Persistent link: https://www.econbiz.de/10005482466
Most real world decision-making combines quantitative and qualitative (linguistic) variables. Conventional mathematics that combines qualitative and quantitative concepts exhibits difficulty in modelling actual problems. The research presented in this paper illustrates a mathematical approach to...
Persistent link: https://www.econbiz.de/10005269081
A good site layout is vital to ensure the safety of the working environment, and for effective and efficient operations. Moreover, it minimizes travel distance, decreases materials handling, and avoids the obstruction of materials and plant movement. Based on studies in the manufacturing...
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