Khosrowshahi, F (1996) Value profile analysis of contruction projects. Journal of Financial Management of Property and Construction, 1(1), pp. 55-76. ISSN 1366-4387
Abstract
Initially, the paper provides an in-depth analysis of the bahaviour of construction project value (expenditure/income) profile. It demonstrates, in quantified terms, that the profile can be expressed in terms of a number of characteristics which are descriptive of the physical shape of the profile. The ananlysis shows that these characteristics fall into general and specific types. To this end, the paper intorduces a general routine for data preparation and processing. In the second part of the paper, within the context of the above analysis, various types and categories of project are analyzed and 78 shape-models are developed. These models facilitate estimation of the specific characteristics of expenditure/income profile for a given project definition. This analysis is carried out at two levels, namely, global and individual project. The research reveals that in some cases the global data, containing the general features of all project categories produce better results than individual category data set. Subsequently, the shape-models have been developed on the basis of their global vs individual project type performance.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | expenditure pattern, income pattern, project cash flow, forecasting |
| Index terms: | construction project, forecasting, cash flow, routine, income, estimation |
| Subjects: | production management, sociology, financial and cost management, economic analysis, financial management, prediction and forecasting |
| Topics: | Business Strategy, Research Practice, Organizational Design, Project Management, Cost Management |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here