PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
Tytuł artykułu

Factors affecting time and cost trade-off in multiple construction projects

Treść / Zawartość
Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Cash is one of the most critical resources of a construction company that determines survival. Cash-flow management is essential for contractors, as lack of cash resources is one of the leading causes of bankruptcy in the construction industry, compared to most other sectors. The purpose of this paper is to identify factors affecting time and cost trade-off in multiple construction projects in Iraq. After reviewing a wide range of literature to determine the most common elements, a questionnaire is distributed to owners, consultants, supervising engineers, and contractors engaged in construction projects. The results of the questionnaire were analyzed using the relative importance index, arithmetic mean and standard deviation. The respondents namely assured Seventeen most essential factors; payments delay from client, progress payment due period, payment conditions, advanced payment, project delay, inaccurate project scheduling, variation orders, project duration, inaccurate project duration, profit, risk margin, project cost, cash flow forecasts, retentions percentage, estimating errors, materials cost, equipment cost, and labour cost.
Rocznik
Strony
549--561
Opis fizyczny
Bibliogr. 14 poz., il., tab.
Twórcy
  • Department of Civil Engineering, College of Engineering, University of Baghdad, Baghdad, Iraq (student)
  • University of Baghdad, College of Engineering, Department of Civil Engineering, Baghdad, Iraq
Bibliografia
  • [1] S. Melik, “Cash Flow Analysis of Construction Projects Using Fuzzy Set Theory”, a Thesis, Graduate School of Natural and Applied Sciences of Middle East Technical University, 2010.
  • [2] H. Mahmoud, V. Ahmed, S. Beheiry, “Construction Cash Flow Risk Index”, Journal of Risk Financial Management, 2021, vol. 14, no. 6, DOI: 10.3390/jrfm14060269.
  • [3] A.T. Shingan, M.A. Khandare, “Impact of Retention and Margin on Project Cash-flow Impact of Retention and Margin on Project Cash-flow”, International Journal of Future Generation Communication and Networking, 2020, vol. 13, no. 3, pp. 290-297.
  • [4] T.T.O. Le, T.T.T. Vu, C. Van Nguyen, “Identifying Factors Influencing on the Cash Flow of Construction Companies: Evidence from Vietnam Stock Exchange”, Management Science Letters, 2020, vol. 10, no. 1, pp. 255-264, DOI: 10.5267/j.msl.2019.7.036.
  • [5] E.A.-G. Adjei, F.D.K. Fugar, E. Adinyira, D.J. Edwards, E.A. Parn, “Exploring the Significant Cash Flow Factors Influencing Building Projects Profitability in Ghana”, International Journal of Construction Engineering and Management, 2018, vol. 7, no. 1, pp. 35-46, DOI: 10.5923/j.ijcem.20180701.04.
  • [6] M. Khanzadi, E. Eshtehardian, M. Mokhlespour Esfahani, “Cash Flow Forecasting With Risk Consideration Using Bayesian Belief Networks (BBNS)”, Journal of Civil Engineering and Management, 2017, vol. 23, no. 8, pp. 1045-1059, DOI: 10.3846/13923730.2017.1374303.
  • [7] N. Usman, A. Sani, R.I. Tukur, “An Appraisal of Factors Affecting Cash Flow’s in Building Project Delivery in Nigeria”, Journal of Applied Science, 2016, vol. 2, no. 2, pp. 10-21.
  • [8] H.H. Mohamed, A.H. Ibrahim, “Factors Affecting the Construction Projects Financing Cost”, The Egyptian International Journal of Engineering Sciences & Technology, 2013, vol. 16, no. 1.
  • [9] L. Yaqiong, T. Zayed, S. Li, “Cash Flow Analysis of Construction Projects”, in Proceedings Canadian Society of Civil Engineering (CSCE) Conference, St. John’s, Newfoundland, Canada, May, 2009, pp. 27-30.
  • [10] O. Henry, J. Lowe, “An Assessment of Risk Factors Involved in Modeling Cash Flow Forecast”, in Proceedings Association of Researchers in Construction Management (ARCOM) Annual Conference, 2000, pp. 557-565.
  • [11] M.F. Hasan, M.S. Mohammed, “Time Overrun Model for Construction Projects in Iraq By Using Fuzzy Logic”, International Journal of Civil Engineering and Technology, 2018, vol. 9, no. 11.
  • [12] S.A. Assaf, S. Al-Hejji, “Causes of Delay in Large Construction Projects”, International Journal of Project Management, 2006, vol. 24, no. 4, pp. 349-357, DOI: 10.1016/j.ijproman.2005.11.010.
  • [13] Z.S.M. Khaled, R.S. Abid Ali, M.F. Hassan, “Predicting the Delivery Time of Public School Building Projects Using Nonlinear Regression”, Engineering and Technology Journal, 2016, vol. 34, no. 8, pp. 1538-1548.
  • [14] S.R. Mohammed, A.J. Jasim, “Study and Analysis of the Delay Problems in Iraqi Construction Projects”, International Journal of Science and Research, 2017, vol. 6, no. 5, pp. 2331-2336, DOI: 10.21275/ART20173791.
Uwagi
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-70228866-50ee-424a-b0e4-1c79bcff5111
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.