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Construction projects are typified by the involvement of a number of participants. Each project team member has his/own expertise, and would contribute towards the success of the project. However, since their inputs are often interdependent, conflicts may arise in some circumstances. This is...
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Clients need to be informed in advance of their likely future financial commitments and cost implications as the design evolves. This requires the estimation of building cost based on historic cost data that is updated by a forecasted Tender Price Index (TPI), with the reliability of the...
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An industry report in Hong Kong calls for an agreed framework for appraising subcontractor performance. A set of performance appraisal criteria is developed that is agreeable to all key stakeholders in subcontracting. By examining the criteria being applied around the world and reviewing the...
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Non-linearity, uncertainty and subjectivity are the three predominant characteristics of contractors prequalification which lead to the process being more of an art than a scientific evaluation. A fuzzy neural network (FNN) model, amalgamating both the fuzzy set and neural network theories, has...
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