Effects of bundling policy on project cost under market uncertainty: A comparison across different highway project types

2019 ◽  
Vol 130 ◽  
pp. 606-625 ◽  
Author(s):  
Yu Qiao ◽  
Jon D. Fricker ◽  
Samuel Labi
Author(s):  
Hanzhi Kou

In recent years, China’s society and economy has been developing very rapidly, and various industries are showing a trend of vigorous development. The importance of control and management of project cost in highway project management is becoming more and more prominent. PPP model has been widely used in the control and management of highway project cost with its own unique advantages. The author analyzes the important advantages of the PPP model and the existing problems in the cost control and management of highway projects, and puts forward effective measures for the cost control and management of highway projects using the PPP model, in hope of helping with the smooth implementation of the work.


2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Hanzhi Kou

The "Replacement of Business Tax by VAT reform" (hereby refer to as "VAT reform" for short) is a newly promulgated and implemented tax policy, and its impact on various industries in China is very different, and the highway project industry is no exception. The implementation of the "VAT reform" will not only have a positive impact on the cost of highway projects, but will also have some negative impacts. For this reason, highway project construction corporates must actively respond. The author explores and analyzes the positive and negative effects of the "VAT reform" on the cost of highway projects, and proposes a reform strategy for highway project cost work under the background of the "VAT reform", in hope of helping with bringing out the intrinsic value of highway project cost management work.


2011 ◽  
Vol 29 (1) ◽  
pp. 78-92 ◽  
Author(s):  
Muhammad Irfan ◽  
Muhammad Bilal Khurshid ◽  
Panagiotis Anastasopoulos ◽  
Samuel Labi ◽  
Fred Moavenzadeh

2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.


2016 ◽  
pp. 59-70
Author(s):  
Ninh Le Khuong ◽  
Nghiem Le Tan ◽  
Tho Huynh Huu

This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well.


Author(s):  
Olga Olegovna Eremenko ◽  
Lyubov Borisovna Aminul ◽  
Elena Vitalievna Chertina

The subject of the research is the process of making managerial decisions for innovative IT projects investing. The paper focuses on the new approach to decision making on investing innovative IT projects using expert survey in a fuzzy reasoning system. As input information, expert estimates of projects have been aggregated into six indicators having a linguistic description of the individual characteristics of the project type "high", "medium", and "low". The task of decision making investing has been formalized and the term-set of the output variable Des has been defined: to invest 50-75% of the project cost; to invest 20-50% of the project cost; to invest 10-20% of the project cost; to send the project for revision; to turn down investing project. The fuzzy product model of making investment management decisions has been developed; it adequately describes the process of investment management. The expediency of using constructed production model on a practical example is shown.


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