The effectiveness of public sector construction workload planning can be enhanced through employing an economic modelling approach to predict the impact of different workloads on tender price changes. The main problem associated with existing methods used for predicting tender price index (TPI)...

'Conditions of Success' (COS) was organised to study the internationalisation of the construction industry in 1989. At that time few companies, and even fewer researchers, were interested in international construction endeavours. The purpose of the study was to collect information on activities...

Stochastic frontier regression is used to examine the effect of introducing prevailing wage legislation on public school construction efficiency in British Columbia. Prior to the legislation, public school projects were from 16% to 19% smaller, in terms of square feet, than comparable private...

The private house building industry is increasingly under pressure to increase output and broaden the appeal of new-build housing to consumers. One possible method for meeting these objectives is through increased use of standardized components to facilitate house type customization. This...

A construction project is unique, specific and dynamic, and therefore projects have different levels and combinations of risks, different responses are taken to minimise those risks and different consequences affect project performance. The primary aim of this study was to analyse the impacts of...

Regression and neural network models have been developed to predict the cost and duration of projects for the reconstruction of schools which must be quickly rebuilt. Data for the school reconstruction projects in central Taiwan, which received the most serious damage from the Chi-Chi...

The real option approach is used to value the minimum revenue guarantee (MRG) and the option to abandon in Build-Operate-Transfer infrastructure projects. The option to abandon is formulated under an investment option held by the concessionaire at contract signing and to expire before...

Ranko Bon is best-known for his studies of building economics. Less known is his contribution to the debate on sustainable construction, which shows unique features, particularly if compared to those of most recent related studies. By building upon on the initial systems approach to the problem...

In 1992, Ranko Bon argued that in highly developed countries the relatively declining economic importance of the construction industry is followed by the absolute decline of its output. The shrinking volume has implications with production capacity that, at a certain point of economic maturity,...

There has been a rapid increase in the number of low environmental impact or 'green' buildings constructed in recent years, due to factors such as the UK government's Sustainable Development Strategy, new environmental legislation and perceived operational and business advantages. Consequently,...