Choosing the rational management of high­rise building construction projects

Modeling construction time in Spanish building projects

The literature states that project duration is affected by various scope factors. Using 168 building projects carried out in Spain, this paper uses the multiple regression analysis to develop a forecast model that allows estimating project duration of new builds. The proposed model uses project type, gross floor area (GFA), the cost/GFA relationship and number of floors as predictor variables. ...

Choosing the Best Bundle of Projects: A DEA Approach

reliabilty assessment of conceptual cost estimates for building construction projects

in the early stages of a construction project, the reliability and accuracy of conceptual cost estimates are major concerns for clients and cost engineers. previous studies applied scoring methods and established common rules or mathematical methods to assess the quality of cost estimates. however, those approaches have some limitations in adapting to real-world projects or require understandin...

Change Management in Construction Projects

Decisions are made everyday in construction processes based on incomplete information, assumptions and the personal experience of the construction professionals. Project changes and/or adjustments are inevitable as they are a fact-of-life at all stages of a project’s life cycle. Managing changes effectively is crucial to the success of a construction project. Change management in construction r...

Risk Management in Construction Projects

The financial and economic crisis has had an adverse impact on the Lithuania’s economy and construction industry. The GDP of Lithuania grew slightly in 2010, in contrast to a decrease of 14.7% in 2009. Lithuania’s GDP increased from 1.3% in 2010 to 4.6% in 2011. Annual GDP growth decreased from its highest point of 6.7%, reached in the third quarter, to 4.4% in the last quarter of 2011 [1,2]. S...