Hobson Jr., D E (1996) Developing a decision model that replicates industry experts using minimal information. PhD thesis, University of Kansas, USA.
Abstract
The financial health of a general contractor is of importance to the construction project owner, the project architect/engineer, the project lender, the general contractor's surety, suppliers, and subcontractors. Most of these entities enjoy the protection from financial risk through the surety, or by thorough professional financial analysis of the general contractor's financial health. Some of these entities, such as small owners, subcontractors, or suppliers, may lack protection. This paper presents a decision model which replicates the financial ratings of industry experts using minimal information from the general contractor's balance sheet. A comparative financial rating is then established.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Uncontrolled Keywords: | architect; financial analysis; owner; professional; surety |
| Index terms: | engineer, architect, financial analysis, surety, general contractor, owner, subcontractor, construction project |
| Subjects: | warranties, design economy, production management, profession, sociology, practitioner |
| Topics: | Contract Administration, Stakeholder Management, Design Practice, Roles and Professions, Project Management |
| Descriptive scope: | 2 PC |
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