Time-dependent construction social costs model

Yu, W D and Lo, S S (2005) Time-dependent construction social costs model. Construction Management and Economics, 23(3), pp. 327-337. ISSN 01446193

Abstract

Negative impacts of construction works on local traffic, environment and business have been pointed out by previous researchers. However, little work has been conductd on the quantification of such costs. A time-dependent construction social costs (COSCO) model is developed for quantifying the negative impacts that result from construction operations during the field execution phase. The COSCO model is a simplified but practical model that calculates the construction social costs in a conservative way. A roadwork construction project is used to show the applicability of the COSCO model. It is found that the daily social cost was US$18 188-5.52 times the project construction cost. This is a striking illustration of management techniques for mediating the social costs of construction projects.

Item Type: Article
Uncontrolled Keywords: environmental impacts; project planning; road works; social costs
Index terms: environmental impact, construction project, construction operation, quantification, construction work, construction cost, project planning
Subjects: construction operations, financial and cost management, operations management, production management, control systems, measurement and scaling, environmental impact
Topics: Sustainability, Cost Management, Site Management, Project Management, Research Practice
Descriptive scope: 3 PCA

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