This thesis hypothesizes that market dynamics obfuscate identification of optimal project delivery mechanisms. In particular, selection of primary planning consultants can benefit from a rational methodology. Market dynamics reflect changing characteristics of both owner organizations and the projects that they require. The construction industry adapts in response to market change, altering pro...

A Framework for Stakeholder Management in Construction Projects 1 2 Rebecca J. Yang 3 Geoffrey Q.P. Shen 4 5 Abstract: This paper presents a systematic and generic framework reference for the 6 practice of stakeholder management in the construction industry. It contains findings 7 from empirical studies, comprising six interviews, a pilot study, a questionnaire 8 survey in Hong Kong and fifteen...

The 21 century has been a growing awareness of the importance of the sustainability agenda. Moreover for construction, it has become increasingly important as clients are pushing for a more sustainable product to complement their organisations’ own strategic plans. Sustainable development can be defined as development that meets the needs of the present without compromising the ability of futur...

The ability to evaluate project proposals, assessing future success, and organizational value is critical to overall business performance for most enterprises. Yet, predicting project success is difficult and often unreliable. A four-year field study shows that the effectiveness of available methods for evaluating and selecting large, complex project depends on the specific project type, org...

The environment in which the project schedule will be executed is far from being static. Projects are subject to various uncertainties that have negative effect on activity durations. This is most apparent in the case of construction projects. The frequency and impact of risks depend on project-specific, contractor-specific and location-specific conditions. Identifying critical sources of risk ...

In this paper we present a new approach for the planning of an investment project in the field of building construction. The focus is in shaping of the concept that serves to facilitate decision making about investments through providing support to investors’ when they are dealing with a problem selection of a solution for investment project. The concept is based on the combined use of several ...