There is a well-developed literature of project evaluation based on the assumption that a project is "efficient" if losers could, potentially, be compensated by gainers. In sharp contrast, relatively little systematic work has been done to develop a corresponding economics of project evaluation under actual compensation criteria. This is largely because the amount of compensation that is actual...

Project cost is the main factor contributing to the cost of construction, which accounts for a large proportion of the total investment. So strengthening the management and control of the project cost will be beneficial for the improvement of international competitiveness and conservation of social resource for construction enterprises. The article applies the basic principles of fuzzy mathemat...

With the development of network technology, information evaluation gradually began to be used in all walks life. As an important part construction, water conservancy informatization has developed rapidly. In order accurately evaluate degree index system project construction management is established by analytic hierarchy process, and model obtained combining fuzzy method. The comprehensively a ...

Allocation of construction risks between clients and their contractors has a significant impact on the total construction costs. This paper presents a system dynamics (SD)-based approach for quantitative risk allocation. Using the proposed SD based approach, all the factors affecting the risk allocation process are modeled. The contractor’s defensive strategies against the one-sided risk alloca...

Highway construction projects are one of the most important construction projects in the world. Therefore predicting the time of these kinds of projects is important. Basically highway projects are including few activities which are repeating along the horizontal direction. One of the best methods for scheduling these types of projects is linear scheduling method. The repetitive nature of the h...

Even though Information and Communication Technology (ICT) investments in construction projects generally represent minor commitments of project resources by comparison to the full project cost, the value or impact on the profitability of the project are generally not considered. Also, many of the investment decisions are poorly thought through or examined. Investments decision taken during the...

Computer Integrated Construction (CIC) is a target state for construction computing characterised by extensive digital information flows between computer applications. Fully developed CIC requires an infrastructure of data structuring and transfer standards, digitised construction information services, changing patterns of organising projects etc. The creation of such an infrastructure is curre...

one of the important problems in project management is lack of available resources in proper time at project site that leads to lack of project implementation in due date. this problem may be lead to time delay in sending resources from suppliers and related origins in supply chain to project site. therfore, to better resources managmenet and also the improvement of supply chain condition, the ...