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Amirkhanian, S N, Burati, J L and Mirchandani, H C (1994) Effect of Testing Variability on Contractor Payment for Asphalt Pavements. Journal of Construction Engineering and Management, 120(03), 579–92.
Cohenca‐Zall, D, Laufer, A, Shapira, A and Howell, G A (1994) Process of Planning during Construction. Journal of Construction Engineering and Management, 120(03), 561–78.
El‐Itr, Z and Kangari, R (1994) Minority Contractors: Framework for New Policy Development. Journal of Construction Engineering and Management, 120(03), 632–48.
Everett, J G and Farghal, S (1994) Learning Curve Predictors for Construction Field Operations. Journal of Construction Engineering and Management, 120(03), 603–16.
Gavilan, R M and Bernold, L E (1994) Source Evaluation of Solid Waste in Building Construction. Journal of Construction Engineering and Management, 120(03), 536–52.
Gugel, J G and Russell, J S (1994) Model for Constructability Approach Selection. Journal of Construction Engineering and Management, 120(03), 509–21.
Jergeas, G F and Hartman, F T (1994) Contractors' Construction‐Claims Avoidance. Journal of Construction Engineering and Management, 120(03), 553–60.
Laborde, M and Sanvido, V (1994) Introducing New Process Technologies into Construction Companies. Journal of Construction Engineering and Management, 120(03), 488–508.
Mahoney, J J and Tatum, C B (1994) Construction Site Applications of CAD. Journal of Construction Engineering and Management, 120(03), 617–31.
Reyna, S M, Vanegas, J A and Khan, A H (1994) Construction Technologies for Sewer Rehabilitation. Journal of Construction Engineering and Management, 120(03), 467–87.
Suhail, S A and Neale, R H (1994) CPM/LOB: New Methodology to Integrate CPM and Line of Balance. Journal of Construction Engineering and Management, 120(03), 667–84.
Swiggum, K E, Anderson, S D and Russell, J S (1994) Case Study of Burlington Cable‐Stayed Bridge. Journal of Construction Engineering and Management, 120(03), 649–66.
Tsimberdonis, A I and Murphree, E L (1994) Equipment Management through Operational Failure Costs. Journal of Construction Engineering and Management, 120(03), 522–35.
- Type: Journal Article
- Keywords: Equipment; Costs; Management; Economic factors; Financial management; Cost analysis;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)0733-9364(1994)120:3(522)
- Abstract:
This paper defines operational failure costs (OFCs), presents a method for their development, and examines their usefulness as a means of equipment management. It considers variables related to the projected use of the equipment in the context of the production team and the construction site as a whole as well as the importance of each piece of equipment. In addition, it takes into account, the point of view of the company in light of management objectives and the number of projects it undertakes concurrently. Furthermore, this paper examines the magnitude and importance of costs caused by equipment failure; demonstrates the importance of equipment assignment; examines the relative equipment importance within a project; avoids the concept of unit cost that is considered a weakness in linear programming approaches; examines the use of OFC as a decision‐support tool for equipment purchase, retirement, replacement, rent, and lease; and evaluates detailed operations plans as well as contingency plans. Finally, it presents an application of the method in a “typical” earthmoving project using SLAM II as the simulation software.
Woolery, J C (1994) Developing Specifications for Cellular‐Telephone Base Stations. Journal of Construction Engineering and Management, 120(03), 593–602.