This paper reviews existing construction processes of a Leading International Engineering Contracting firm in the Middle East and investigates the potential of improving existing processes using mobile Building Information Technology and processes. Qualitative data was captured through detailed interviews with key personnel, site observations and existing site processes that are mapped from sit...

We consider a firm that operates a single plant and has an expansion option to invest in a new plant. This setup leads to two-sided optimal stopping problems. We analyze optimal expansion timing and quantify the value of the loan commitment that the equityholder obtained from the lender and associated agency costs incurred on the lender’s side. Moreover, we incorporate construction period for t...

BACKGROUND Many different guidelines have been presented for the construction of multiple choice items. Those guidelines have been based on the observation of errors when constructing items but not on any clear scientific criterion. Our main objective was to draw up guidelines for the development of multiple choice items based on validity criteria. METHOD We used the properties of adjustment,...

This paper empirically considers the effect of horizontal subcontracting on firm bidding strategies in highway construction auctions. In this industry, subcontractors are hired by prime contractors prior to the auction, and the hired subcontractor may also be a competitor in the primary auction. While the practice of horizontal subcontracting may improve productive efficiency, serving as a hori...

6 7 This paper develops a model of a profit maximizing firm with the option to exploit 8 a non-renewable resource, choosing the timing and pace of development. The resource 9 price is modelled as a regime switching process, which is calibrated to oil futures prices. 10 A Hamilton-Jacobi-Bellman equation is specified that describes the profit maximiza11 tion decision of the firm. The model is ap...

firm size and its impact on the firm performance examined in all of economics historical periods from different point of view. meanwhile, productivity is one the most important performance index for each firm, therefore so many studies tries to survey firm size impact on it. in iran also, economics literature replete with productivity studies but the impact of size on it rarely seen between the...

This study proposed a KM-oriented BPR model to assist managers to implement the knowledge management in the construction firms. Two philosophies, namely the (1) Business Process Reengineering (BPR) and the (2) Knowledge Management (KM), were combined in the addressed KM-oriented BPR model to ensure the KM operations can be merged with the business processes. That is, by using the proposed model...

who inspired this project during my stay at the University of Alberta. Namrata Malhotra and Marc Ventresca have provided helpful criticism and comments. Especially, I am indebted to my supervisors Laura Empson and Tim Morris for their valuable advice and guidance throughout the project. ABSTRACT Organisational fields represent a central concept in institutional theory and discussions of profess...