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Aibinu, A A and Odeyinka, H A (2006) Construction Delays and Their Causative Factors in Nigeria. Journal of Construction Engineering and Management, 132(07), 667–77.

Brilakis, I and Soibelman, L (2006) Multimodal Image Retrieval from Construction Databases and Model-Based Systems. Journal of Construction Engineering and Management, 132(07), 777–85.

Caldas, C H, Torrent, D G and Haas, C T (2006) Using Global Positioning System to Improve Materials-Locating Processes on Industrial Projects. Journal of Construction Engineering and Management, 132(07), 741–9.

Galloway, P D (2006) Comparative Study of University Courses on Critical-Path Method Scheduling. Journal of Construction Engineering and Management, 132(07), 712–22.

Galloway, P D (2006) Survey of the Construction Industry Relative to the Use of CPM Scheduling for Construction Projects. Journal of Construction Engineering and Management, 132(07), 697–711.

Ho, S P (2006) Model for Financial Renegotiation in Public-Private Partnership Projects and Its Policy Implications: Game Theoretic View. Journal of Construction Engineering and Management, 132(07), 678–88.

Lædre, O, Austeng, K, Haugen, T I and Klakegg, O J (2006) Procurement Routes in Public Building and Construction Projects. Journal of Construction Engineering and Management, 132(07), 689–96.

Lowe, D J, Emsley, M W and Harding, A (2006) Predicting Construction Cost Using Multiple Regression Techniques. Journal of Construction Engineering and Management, 132(07), 750–8.

Lucko, G, Anderson-Cook, C M and Vorster, M C (2006) Statistical Considerations for Predicting Residual Value of Heavy Equipment. Journal of Construction Engineering and Management, 132(07), 723–32.

Mullens, M A and Arif, M (2006) Structural Insulated Panels: Impact on the Residential Construction Process. Journal of Construction Engineering and Management, 132(07), 786–94.

Navon, R and Kolton, O (2006) Model for Automated Monitoring of Fall Hazards in Building Construction. Journal of Construction Engineering and Management, 132(07), 733–40.

Reinschmidt, K and Trejo, D (2006) Economic Value of Building Faster. Journal of Construction Engineering and Management, 132(07), 759–66.

  • Type: Journal Article
  • Keywords: Economic factors; Construction management; Project management;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2006)132:7(759)
  • Abstract:
    Owners, developers, and engineers are often challenged with determining the value of accelerating the construction of a project. There is a cost for accelerating the construction of a project to reduce the time required to transfer a facility into the operational phase. Determining the cost of acceleration is a difficult challenge with the limited information typically available early in the project development phase. Many unknowns exist (e.g., future revenue, costs, etc.) and the owner, developer, or engineer often make best guesses to justify if building faster is worthwhile. A simple methodology is needed to assess the value of building faster. This paper derives a set of equations that will allow owners, developers, and/or engineers to estimate the percent increase of the baseline project costs to reduce the time to completion of a construction project. The equations were derived such that variables that are easily known or can easily and reliably be determined are required. After the value of accelerating a project is determined (as a percentage of the original baseline budget), owner, developers, and/or engineers can use this information to determine if a project should be accelerated.

Rezgui, Y and Zarli, A (2006) Paving the Way to the Vision of Digital Construction: A Strategic Roadmap. Journal of Construction Engineering and Management, 132(07), 767–76.