Roberts, J (1987) The business roundtable construction industry cost effectiveness task force. Construction Management and Economics, 5(2), pp. 95-100. ISSN 01446193
Abstract
The Business Roundtable, an organization founded in 1972 and formed of chief executive officers representing several leading international corporations, has had a major impact on the construction industry in the United States. Member companies are some of the major users of construction services. These business and industry leaders formed task forces to investigate, report, and recommend means by which escalating construction costs could be contained. The Construction Industry Cost Effectiveness Task Force was charged with the responsibility of investigating ways in which construction services could be improved and could be made more cost effective. The reports and recommendations of this task force have had far reaching effects on the construction industry. This paper discusses the history, structure and activities of the Business Roundtable as well as the methods of implementation of task force recommendations. Attention is also given to the ramifications concerning construction education.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | business roundtable; construction costs; construction management; cost control; inflation |
| Index terms: | construction cost, implementation, construction industry, United States, cost-effectivenes, inflation, construction education, cost control, chief executive officer, history |
| Subjects: | practitioner, contractual arrangements, financial and cost management, architectural and construction history, economic analysis, economics, Geography, professional education, industry analysis |
| Topics: | Education, Cost Management, Business Strategy, Geographical Context, Research Practice, Roles and Professions, Procurement |
| Descriptive scope: | 4 PCTA |
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