Optimal time for contractors to enter infrastructure projects

model to selecting contractors in software projects

organizations in private and public sector assign many projects in information technology (particularly software) field to contractors for implementation every year. previous experiences shows that most of these projects are stopped before finishing or cannot meet the expected results. based on studies related to this issue, many of failures depend on implementation contractor, directly or indi...

Risk Management for Contractors in Marine Projects

V. W. Y. Tam · L. Y. Shen · Risk Management for Contractors in Marine Projects ... · pp 403-410 Introduction Marine projects are one of major work in the Hong Kong construction industry. More than forty marine projects are in progress by the Hong Kong government (see Table 1) (Hong Kong Government, 2007), which include bulkheads, seawalls, foundation piles, docks, inspections, piers dredging an...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...

Developing a Framework for Prioritizing and Selection of Civil Projects Contractors at Tehran Municipality

Prioritizing and selection of contractors are significant in many civil projects. Contractors are the fundamental part of civil projects and they have significant role in turning existing resources into products and services. Therefore, implementation of projects requires an appropriate contractor. Usually contractors are selecting based on the lowest recommended cost. But there are other quali...

Labour-based infrastructure projects