The financial aspects of large-scale engineering construction projects profoundly influence their success.Strengthening cost control and establishing a scientific financial evaluation system can enhance the project’s...The financial aspects of large-scale engineering construction projects profoundly influence their success.Strengthening cost control and establishing a scientific financial evaluation system can enhance the project’s economic benefits,minimize unnecessary costs,and provide decision-makers with a robust financial foundation.Additionally,implementing an effective cash flow control mechanism and conducting a comprehensive assessment of potential project risks can ensure financial stability and mitigate the risk of fund shortages.Developing a practical and feasible fundraising plan,along with stringent fund management practices,can prevent fund wastage and optimize fund utilization efficiency.These measures not only facilitate smooth project progression and improve project management efficiency but also enhance the project’s economic and social outcomes.展开更多
The application of multi-level fuzzy comprehensive appraisal on social effects of projects has been studied. The principles for setting up an index system have been analyzed and the index system has been set up accord...The application of multi-level fuzzy comprehensive appraisal on social effects of projects has been studied. The principles for setting up an index system have been analyzed and the index system has been set up according to projects of construction. Models for multi-level fuzzy comprehensive appraisal have been offered and relative calculation steps have been given according to project instances.展开更多
Whether the breakdown structure and coding system of construction projects are reasonable or not determines to a large degree the performance level of the entire project management. We analyze in detail the similariti...Whether the breakdown structure and coding system of construction projects are reasonable or not determines to a large degree the performance level of the entire project management. We analyze in detail the similarities and differences of two kinds of decomposing methods classified by type of work and construction elements based on the discussion of international typical coding standards system designing. We then deduce the differential coefficient relation between project breakdown structure (PBS) and work breakdown structure (WBS). At the same time we constitute a comprehensive construction project breakdown system including element code and type of work code and make a further schematic presentation of the implementation of the system’s functions.展开更多
In Ethiopian construction projects, schedule delay risk is a predominant issue because it is not properly addressed. Although several studies have been focused on the various effects of risk in construction projects, ...In Ethiopian construction projects, schedule delay risk is a predominant issue because it is not properly addressed. Although several studies have been focused on the various effects of risk in construction projects, limited efforts have been made to investigate the typical and the overall schedule delay risk. In this study, our aim is to detect the typical and overall schedule delay risk throughout the construction project lifecycle, which consists of the pre-construction, construction, and post-construction stages, and compare the stages with each other. Common criteria, sub-criteria, and attributes were developed for all alternatives for the purpose of making a risk decision. The methodology that was followed integrated the multiplecriteria decision-making(MCDM) model of fuzzy analytic hierarchy process comprehensive evaluation(FAHPCE)and the relative important index(RII). Data were collected from 77 participants, who were selected through purposive sampling from different contracting organizations in Ethiopian construction projects by means of questionnaires that were distributed to experienced experts. The findings showed that there is a typical delay risk either in the type or in the level of the different construction activities.Consequently, the most influenced alternative is the construction stage because of the high-risk responsibility,resource, and contract condition related criteria. The postconstruction stage was the second most influenced stage because of the high-risk responsibility-related criteria. The pre-constructed stage was the least influenced stage that consist high-risk criteria of responsibility, resource, and contract condition related. These differences provided noteworthy information about risk mitigation in construction projects by identifying the exact risk level on specific activity to make appropriate decision.展开更多
文摘The financial aspects of large-scale engineering construction projects profoundly influence their success.Strengthening cost control and establishing a scientific financial evaluation system can enhance the project’s economic benefits,minimize unnecessary costs,and provide decision-makers with a robust financial foundation.Additionally,implementing an effective cash flow control mechanism and conducting a comprehensive assessment of potential project risks can ensure financial stability and mitigate the risk of fund shortages.Developing a practical and feasible fundraising plan,along with stringent fund management practices,can prevent fund wastage and optimize fund utilization efficiency.These measures not only facilitate smooth project progression and improve project management efficiency but also enhance the project’s economic and social outcomes.
文摘The application of multi-level fuzzy comprehensive appraisal on social effects of projects has been studied. The principles for setting up an index system have been analyzed and the index system has been set up according to projects of construction. Models for multi-level fuzzy comprehensive appraisal have been offered and relative calculation steps have been given according to project instances.
文摘Whether the breakdown structure and coding system of construction projects are reasonable or not determines to a large degree the performance level of the entire project management. We analyze in detail the similarities and differences of two kinds of decomposing methods classified by type of work and construction elements based on the discussion of international typical coding standards system designing. We then deduce the differential coefficient relation between project breakdown structure (PBS) and work breakdown structure (WBS). At the same time we constitute a comprehensive construction project breakdown system including element code and type of work code and make a further schematic presentation of the implementation of the system’s functions.
文摘In Ethiopian construction projects, schedule delay risk is a predominant issue because it is not properly addressed. Although several studies have been focused on the various effects of risk in construction projects, limited efforts have been made to investigate the typical and the overall schedule delay risk. In this study, our aim is to detect the typical and overall schedule delay risk throughout the construction project lifecycle, which consists of the pre-construction, construction, and post-construction stages, and compare the stages with each other. Common criteria, sub-criteria, and attributes were developed for all alternatives for the purpose of making a risk decision. The methodology that was followed integrated the multiplecriteria decision-making(MCDM) model of fuzzy analytic hierarchy process comprehensive evaluation(FAHPCE)and the relative important index(RII). Data were collected from 77 participants, who were selected through purposive sampling from different contracting organizations in Ethiopian construction projects by means of questionnaires that were distributed to experienced experts. The findings showed that there is a typical delay risk either in the type or in the level of the different construction activities.Consequently, the most influenced alternative is the construction stage because of the high-risk responsibility,resource, and contract condition related criteria. The postconstruction stage was the second most influenced stage because of the high-risk responsibility-related criteria. The pre-constructed stage was the least influenced stage that consist high-risk criteria of responsibility, resource, and contract condition related. These differences provided noteworthy information about risk mitigation in construction projects by identifying the exact risk level on specific activity to make appropriate decision.
