Existing research on construction performance measurement is dominated by project level studies, and the firm stakeholders require the development of models that compare performance in terms of efficiency. A new framework that integrates data envelopment analysis (DEA) and ratio analysis using a...

Achieving success in public construction projects is difficult because it requires economy, efficiency, quality, fairness and transparency. Such projects are taken up on the requisition of owners/clients and almost always involve multiple entities and are also accountable to external financial...

Approximately 42% of Indian government-funded construction projects are facing time overruns. With a number of challenging projects around the corner, there is a definite need to overcome these delays. In an earlier study conducted by one of the authors, 55 project performance attributes were...

The drive to undertake building adaptation has increased in momentum, the primary reason being adaptation can be less expensive than new build and conventionally result in faster project delivery times. The issue of sustainable development is another clear driver for adaptation and collectively...

Reduced seasonal building activity in the construction sector is often assumed to be related to hard winter conditions for building activities and poor working conditions for construction workers, resulting in higher costs and poor quality of building products, particularly in the northern...

Existing statistical analyses often fail to capture the true scope of the economic impact of the construction sector. They account for the construction of buildings, civil engineering, and construction specialized activities, as defined by Section F of the Statistical Classification of Economic...

Valuation of contingency budgets for construction projects considering technical and market uncertainties as well as the time it takes to execute the project can be estimated using option pricing theory. Although option pricing theory provides an attractive framework for calculation of...

The use of preferred contractors through a partnering arrangement is a prominent method of relationship-based procurement. The approach is frequently applied to managing the small works portfolio of public authorities. While the apparent benefits to client organizations of employing preferred...

The Chinese construction market is composed of 31 local markets which differ from each other in various aspects such as competition intensity. Contractors moving from one market to another need to consider the competition strategies and make due response to new competition situation in order to...

The long-term behaviour of the built environment is relevant to practising architects and engineers as well as to investors and policy makers. In contrast to this, the size, structure and dynamics of that important capital of society are not well established. As a first step towards assessing...