al Abo Omar, E and Mangin, J (2002) A new cost control model and indicators to measure productivity on building sites. Construction Innovation, 2(2), pp. 83-101. ISSN 1471-4175
Abstract
An accurate estimation of project costs is always a great challenge for a construction company, particularly when there is a commitment with the owner to achieve a project at a given price. It is thus essential to develop technical and logistic solutions (TLS) ensuring a good organisation and improving the productivity. These improvements are not yet well assessed because relevant models are not available at the right time. This paper presents a new approach for assessing productivity by using an analytical cost model and indicators widely used to measure the site productivity. A case study is described to validate the cost and indicator model. They can be used in a decision making process consisting of a comparative study of different TLS in order to select, in a predicted term, the TLS ensuring the best productivity. A decision support system for generating different alternatives to be compared is currently under development.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | building site productivity; construction cost; decisionmaking; profit margin; simulation |
| Index terms: | construction company, project cost, profit, commitment, building site, decision support, cost model, cost control, estimation, owner, decision-making process, productivity, construction cost, case study, comparative study |
| Subjects: | economic analysis, financial and cost management, psychology, data collection methods, research design and methodology, organization, decision analysis, sociology, site and location studies, management, economics |
| Topics: | Organizational Design, Geographical Context, Research Practice, Business Strategy, Cost Management, Stakeholder Management, Risk Management |
| Descriptive scope: | 4 PCEA |
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