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The ongoing skills crisis in the UK construction industry has constrained the productive capacity of the industry. Past research and skills policies have largely failed to develop an understanding of the realities of the skills crisis at the grassroots level. Solutions offered by researchers and...
Persistent link: https://www.econbiz.de/10005482475
Much research effort to date has focused on the development and use of bidding models in optimizing contractors' bid prices in competitive tendering environments. Unbalanced bidding models, in particular, have the objective of maximizing a project's prospective profits by using techniques of...
Persistent link: https://www.econbiz.de/10005482505
The male-ness or masculine nature of the construction industry has often been blamed for the problems of equality and diversity in the sector. Yet, what constitutes masculinity in construction is rarely problematized. Conventionally, masculinity in construction tended to be associated with the...
Persistent link: https://www.econbiz.de/10010825153
Current methods of predicting cash flow have a number of significant weaknesses. At the project level, previous models are simple and incorporate only some of the variables affecting cash flow. On the company level, budgeting is performed on an overall basis (i.e. no account is taken of...
Persistent link: https://www.econbiz.de/10005141075
The process of elicitation and synthesis of the collective understanding of a cultural domain held by a group of stakeholders is challenging. This problem typifies the pre-project activity from which a coherent understanding of the benefits sought from infrastructure investment must emerge to...
Persistent link: https://www.econbiz.de/10010621838
Unbalanced bidding models have largely ignored the risk aspect of item pricing. Many researchers have acknowledged that there are considerable risks associated with unbalancing a bid but little has been done to describe these risks, let alone model them. A new framework is proposed by which all...
Persistent link: https://www.econbiz.de/10008674573