Abstracts – Browse Results
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Abdelhamid, T S (1999) Measuring and evaluating physiological demands of construction work, Unpublished PhD Thesis, , University of Michigan.
Al-Hussayen, M A (1980) Building problems in Saudi Arabia: The need for building research, and the development of building research approaches, Unpublished PhD Thesis, , University of Michigan.
Awwad, R E (2010) Neutral and risk-sensitive models for competitive bidding methods based on average and order statistics, Unpublished PhD Thesis, , University of Michigan.
Behzadan, A H (2008) Arviscope: Georeferenced visualization of dynamic construction processes in three-dimensional outdoor augmented reality, Unpublished PhD Thesis, , University of Michigan.
Chen, T Y-J (2019) Advancing quantitative risk analysis for critical water infrastructure, Unpublished PhD Thesis, , University of Michigan.
Choi, B (2018) The role of socio-cognitive process in construction workers' safety behaviors, Unpublished PhD Thesis, , University of Michigan.
Chung, K H Y (2022) Data fusion, hedonic pricing, and blockchains: Lowering investment barriers for sustainable infrastructure, Unpublished PhD Thesis, , University of Michigan.
Colberg, M R (1950) Federal control of construction following World War II, Unpublished PhD Thesis, , University of Michigan.
Dias, A, Jr. (1994) A managerial and financial study on the involvement of private sector companies in the development, construction, operation, and ownership of infrastructure projects, Unpublished PhD Thesis, , University of Michigan.
Dzeng, R-J (1995) CasePlan: a case-based planner and scheduler for construction using product modeling, Unpublished PhD Thesis, Department of Civil and Environmental Engineering, University of Michigan.
Han, S-H (2004) A working prototype of distributed collaborative architectural design system, Unpublished PhD Thesis, , University of Michigan.
Hasell, M J (1983) Gaming simulation: A communication tool for architects and designers, Unpublished PhD Thesis, , University of Michigan.
Henn, R L (2013) Moving targets: Managing interinstitutional relationships in green building design and construction, Unpublished PhD Thesis, , University of Michigan.
Howe, A S (1998) A new paradigm for life-cycle management of kit-of-parts building systems, Unpublished PhD Thesis, , University of Michigan.
Ismail, I A (2014) Financial cash flow determinants of company failure in the construction industry, Unpublished PhD Thesis, , University of Michigan.
- Type: Thesis
- Keywords: direct costs; duration; failure; financing; indirect cost; payment; subcontractor
- ISBN/ISSN:
- URL: http://hdl.handle.net/2027.42/107142
- Abstract:
Construction is a risky business with only 47% of startup businesses in construction operating after four years. The indirect costs of failed companies far exceed the direct costs of their failure. Cash is often seen as the most important element of construction companies and their operation. Adequate sources of capital, and a reasonable liabilities-to-assets ratio, are critical for business continuity and success. A lack of cash can mean no payments to subcontractors, laborers, and crews, and no purchases of needed materials. It can lead to limited ability to complete tasks on site, cutting corners in work, or slower pace to match the amount of cash available. Negative outcomes can include delayed or incomplete work or increased financing costs and project risks. Ultimately, construction companies risk failure if they sustain cash flow limitations for some time despite the fact they could be profitable. In this research, we developed a cash flow model for the assessment of construction companies’ operations and their potential for failure. The cash flow model describes a company’s operational strength using a cash flow cycle with three measures: 1) cash flow cycle profitability, 2) cash flow cycle duration, and 3) access to additional access. We theoretically establish the importance and justification for each measure.Using a dataset comprised of full quarterly financial records for construction companies tracked over 20 years, we validate the suitability of the cash flow model in predicting construction company failure 6 months, 1 year, and 2 years in advance of failure event at a statistically significant level.
Jebelli, H (2019) Wearable biosensors to understand construction workers' mental and physical stress, Unpublished PhD Thesis, , University of Michigan.
Kabo, F W (2006) Low-cost housing design and provision: A case study of Kenya, Unpublished PhD Thesis, , University of Michigan.
Kalampakorn, S (2000) Stages of construction workers' use of hearing protection, Unpublished PhD Thesis, , University of Michigan.
Khoury, H M (2009) Context-aware information access and retrieval for rapid on-site decision making in construction, inspection and maintenance of constructed facilities, Unpublished PhD Thesis, , University of Michigan.
Kirk, S J (1992) Improved design decision-making using small group value engineering gaming/simulation, Unpublished PhD Thesis, , University of Michigan.
Lee, H-S (1992) Automated interactive cost estimating system for reinforced concrete building structures, Unpublished PhD Thesis, , University of Michigan.
Leu, S-S (1992) Object-oriented representation model of construction technology information, Unpublished PhD Thesis, , University of Michigan.
Liang, C-J (2021) Affecting fundamental transformation in future construction work through replication of the master-apprentice learning model in human-robot worker teams, Unpublished PhD Thesis, , University of Michigan.
Liu, M (2019) Video-based human motion capture and force estimation for comprehensive on-site ergonomic risk assessment, Unpublished PhD Thesis, , University of Michigan.
Lundeen, K M (2019) Autonomous scene understanding, motion planning, and task execution for geometrically adaptive robotized construction work, Unpublished PhD Thesis, , University of Michigan.
Martin, S D (1981) Building contracts in classical Roman law, Unpublished PhD Thesis, , University of Michigan.
Mason, B (2023) Advancing autonomous green stormwater infrastructure, Unpublished PhD Thesis, , University of Michigan.
McIntosh, J F (1984) The application of the relational data model to computer-aided building design, Unpublished PhD Thesis, , University of Michigan.
Odeh, A M (1992) CIPROS: Knowledge-based construction integrated project and process planning simulation system, Unpublished PhD Thesis, , University of Michigan.
Paunikar, A (1983) Performance constraints of housing prefabricators in India: 3 case studies, Unpublished PhD Thesis, , University of Michigan.
Rohlman, R E (1978) Construction management: A comparison of management services, time, cost and supervision performance factors on public school projects in Michigan, Unpublished PhD Thesis, , University of Michigan.
Sherif, A H (1988) The choice of construction technology in developing countries: A socially conscious economic assessment approach, Unpublished PhD Thesis, , University of Michigan.
Srisuwanrat, C (2009) The sequence step algorithm: A simulation-based scheduling algorithm for repetitive projects with probabilistic activity durations, Unpublished PhD Thesis, , University of Michigan.
Stino, R M (1999) Effect of spatial variables on bricklaying productivity and ergonomics, Unpublished PhD Thesis, , University of Michigan.
Sugrue, D P (2021) Alternative financing for harbor infrastructure using big data analytics in the great lakes waterway, Unpublished PhD Thesis, , University of Michigan.
Taemthong, W (2002) Accounting for the impact of learning and scheduled overtime: Developing dynamic models to estimate and control labor time and labor cost, Unpublished PhD Thesis, , University of Michigan.
Tharachai, T (2004) Multiple project resource scheduling for construction, Unpublished PhD Thesis, , University of Michigan.
Thomas, A (2017) Modeling occupant behavior, systems life cycle performance, and energy consumption nexus in buildings using multi-method distributed simulation, Unpublished PhD Thesis, , University of Michigan.
Xiao, Y (2017) Three-dimensional reconstruction and modeling using low-precision vision sensors for automation and robotics applications in construction, Unpublished PhD Thesis, , University of Michigan.
Zouein, P P (1995) MoveSchedule: a planning tool for scheduling space use on construction sites, Unpublished PhD Thesis, Department of Civil and Environmental Engineering, University of Michigan.