Abstracts – Browse Results
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Basheer, M, Elnour, Z, Siddig, K and Grethe, H (2025) Economic impacts of large dams on downstream brickmaking in developing countries. Construction Management and Economics, 43(03), 213–25.
Brager, G, Zhang, H and Arens, E (2015) Evolving opportunities for providing thermal comfort. Building Research & Information, 43(03), 274-87.
Castelblanco, G, Fenoaltea, E M, De Marco, A and Chiaia, B (2025) Influence of macroeconomic factors on construction costs: an analysis of project cases. Construction Management and Economics, 43(03), 196–212.
- Type: Journal Article
- Keywords: Stakeholder management; risk management; risk propagation; integrated management; public-private partnership; social network analysis;
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2024.2410872
- Abstract:
This study explores the relationship between price increase and project cost increase under macroeconomic shocks by considering the hierarchical structure within price categories, diversification of the cost breakdown structure, infrastructure sector, delivery system, construction methods, and type of bid. The analysis of a large construction company with five large projects as embedded units of analysis reveals significant variations in the relative influence of specific factors across the projects. Unit price categories located higher in the hierarchical breakdown structure display lower vulnerability to macroeconomic changes due to their unique and group-specific influencing factors while price categories influenced by macroeconomic factors depart at lower values in the hierarchical structure. Projects with low-cost breakdown structure diversification can either mitigate or exacerbate cost increases depending on construction methods (off-site or on-site), price drivers of most representative materials (global or local), and delivery systems risk allocation. Under macroeconomic crisis periods, public entities may consider giving high priority to projects more reliant on materials driven by regional dynamics (e.g., concrete pouring) over those driven by global market conditions (e.g., steel, aluminum) while prioritizing integrated delivery systems (e.g., design-build) that promote enhanced collaboration, proactive risk management, aligned incentives, and adaptability for managing complexities and volatilities. Complementary, for projects with higher reliance on global market-driven materials, the results suggest that contractors should prioritize early procurement and acquisition of highly volatile resources in projects under macroeconomic crises.
de Dear, R, Kim, J, Candido, C and Deuble, M (2015) Adaptive thermal comfort in Australian school classrooms. Building Research & Information, 43(03), 383-98.
Farnham, C, Emura, K and Mizuno, T (2015) Evaluation of cooling effects: outdoor water mist fan. Building Research & Information, 43(03), 334-45.
Gao, Y, Gan, Y, Chen, Y and Chen, Y (2025) Application of large language models to intelligently analyze long construction contract texts. Construction Management and Economics, 43(03), 226–42.
Gauthier, S and Shipworth, D (2015) Behavioural responses to cold thermal discomfort. Building Research & Information, 43(03), 355-70.
Hellwig, R T (2015) Perceived control in indoor environments: a conceptual approach. Building Research & Information, 43(03), 302-15.
Mavrogianni, A, Taylor, J, Davies, M, Thoua, C and Kolm-Murray, J (2015) Urban social housing resilience to excess summer heat. Building Research & Information, 43(03), 316-33.
Parkinson, T and de Dear, R (2015) Thermal pleasure in built environments: physiology of alliesthesia. Building Research & Information, 43(03), 288-301.
Teli, D, James, P A B and Jentsch, M F (2015) Investigating the principal adaptive comfort relationships for young children. Building Research & Information, 43(03), 371-82.
Verhaart, J, Veselý, M and Zeiler, W (2015) Personal heating: effectiveness and energy use. Building Research & Information, 43(03), 346-54.
Wang, J, Li, M, Moorhead, M and Skitmore, M (2025) Forecasting financial distress in listed Chinese construction firms: leveraging ensemble learning and non-financial variables. Construction Management and Economics, 43(03), 175–95.