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Ding, G and Forsythe, P J (2013) Sustainable construction: life cycle energy analysis of construction on sloping sites for residential buildings. Construction Management and Economics, 31(03), 254-65.

Hertin, J, Berkhout, F, Gann, D M and Barlow, J (2003) Climate change and the UK house building sector: perceptions, impacts and adaptive capacity. Building Research & Information, 31(03), 278–90.

Larrson, N K (2003) Adapting to climate change in Canada. Building Research & Information, 31(03), 231–9.

Lisø, K R, Aandahl, G, Eriksen, S and Alfsen, K H (2003) Preparing for climate change impacts in Norway's built environment. Building Research & Information, 31(03), 200–9.

Lucko, G (2013) Supporting financial decision-making based on time value of money with singularity functions in cash flow models. Construction Management and Economics, 31(03), 238-53.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2012.750728
  • Abstract:
    Existing budgeting approaches differ in whether or not they consider the time value of money. A novel use of singularity functions in construction management has the potential to enhance cash flow models in order to maximize their net present value. This type of function can model a complete schedule, which serves as the underlying timeline for all financial transactions. Their variable amounts and constraints are expressed by singularity functions, converted from costs via bills into payments, and compounded towards the overall net present value for financial decision-making. Contributions to the body of knowledge include deriving exact amounts of interest on variable balances for any duration, creating a valuation algorithm, and exploring how the uneven solution space that cash flow profiles create can be searched successfully with a genetic algorithm.

Mills, E (2003) Climate change, insurance and the buildings sector: technological synergisms between adaptation and migration. Building Research & Information, 31(03), 257–77.

Park, A and Chang, C-Y (2013) Impacts of construction events on the project equity value of the Channel Tunnel project. Construction Management and Economics, 31(03), 223-37.

Plessis, C d, Irurah, D K and Scholes, R J (2003) The built environment and climate change in South Africa. Building Research & Information, 31(03), 240–56.

Sanders, C H and Phillipson, M C (2003) UK adaptation strategy and technical measures: the impacts of climate change on buildings. Building Research & Information, 31(03), 210–21.

Shimoda, Y (2003) Adaptation measures for climate change and the urban heat island in Japan's built environment. Building Research & Information, 31(03), 222–30.

Steemers, K (2003) Towards a research agenda for adapting to climate change. Building Research & Information, 31(03), 291–301.

Van Reedt Dortland, M, Voordijk, H and Dewulf, G (2013) Real options in project coalitions in Dutch health care: two case studies of construction projects. Construction Management and Economics, 31(03), 266-86.

Zhang, M and Fang, D (2013) A cognitive analysis of why Chinese scaffolders do not use safety harnesses in construction. Construction Management and Economics, 31(03), 207-22.