Cost, Change Order, and Schedule Performance of Highway Projects

2022 ◽  
Vol 14 (1) ◽  
Author(s):  
Bandana Shrestha ◽  
Pramen P. Shrestha ◽  
Ruiko Maharjan ◽  
Douglas Gransberg
Keyword(s):  
Highway Projects ◽  
Change Order ◽  
Schedule Performance

DESIRED VERSUS REALIZED BENEFITS OF ALTERNATIVE CONTRACTING METHODS ON EXTREME VALUE HIGHWAY PROJECTS

2017 ◽  
Vol 4 (1) ◽  
Author(s):  
Douglas Alleman ◽  
Arthur Antoine ◽  
Dean Papajohn ◽  
Keith Molenaar
Keyword(s):  
Content Analysis ◽  
Literature Review ◽  
Selection Criteria ◽  
Extreme Value ◽  
Delivery Method ◽  
Highway Projects ◽  
Two Factors ◽  
Schedule Performance ◽  
The Cost

Highway agencies choose alternative contracting methods (ACMs) to for a wide variety of reasons, primarily their potential for superior cost and schedule performance. Most literature focuses on these two factors by analyzing aggregate datasets covering a wide-ranging contract values. These analyses create two voids that this paper attempts to explore: (1) ACMs provide a wide variety of benefits, which cost and schedule performance alone do not identify; and (2) projects of differing contract values benefit differently. This paper investigates the selection criteria for ACMs and why US agencies chose ACMs for projects at the extreme ends of the cost spectrum (defined as projects at the upper and lower 10th percentiles for each delivery method) and what benefits are realized, above and beyond cost and schedule performance. These findings are presented through a survey of 291 US projects, interviews of sixteen US agency representatives, literature review, agency ACM manual content analysis.

Design-Builder Selection for Small Highway Projects

2001 ◽  
Vol 17 (4) ◽  
pp. 214-223 ◽  
Author(s):  
Keith R. Molenaar ◽  
Douglas D. Gransberg
Keyword(s):  
Highway Projects ◽  
Selection For

Risk Assessment of Competitive Procurement on Alabama Highway Projects with Texas Comparisions

1998 ◽  
Vol 1649 (1) ◽  
pp. 3-8
Author(s):  
Larry G. Crowley ◽  
Jared L. Madewell
Keyword(s):  
Risk Assessment ◽  
Project Performance ◽  
Performance Data ◽  
Specific Task ◽  
Public Agencies ◽  
Highway Projects ◽  
Construction Contracts ◽  
Cost Growth ◽  
The Cost ◽  
Risk Categories

Public agencies generally let construction contracts to the lowest responsible, responsive bidder. In following this practice, agencies recognize there are higher risks of cost growth in awarding to either unusually low bids or to certain “claim-conscious” bidders. Despite this awareness, there are few documented studies supporting or quantifying the presence of these perceived competitive procurement risks. This research undertakes that specific task. First, bids and bidders on a sample of Alabama highway projects are grouped into risk categories by information available at the project bid opening—well in advance of any potential contract award— and without considering actual project performance data. Second, the cost growth experiences of these projects are statistically analyzed based upon these risk groupings. The results indicate that cost growth on Alabama highway projects is significantly more likely when projects are awarded to unusually low bids or to certain bidder types. A similar study performed earlier on Texas highway projects provides nearly identical results. This type of analysis and the derived information can be used by public agencies to amend the procurement process and objectively disqualify unusually low bids or questionable bidders without abandoning competitive procurement principles.

Research on Performance Evaluation of Finance Transportation Projects Based on Fuzzy Neural Network

2014 ◽  
Vol 667 ◽  
pp. 60-63
Author(s):  
Wei Guo ◽  
Zhen Ji Zhang
Keyword(s):  
Neural Network ◽  
Performance Evaluation ◽  
Set Theory ◽  
Evaluation System ◽  
Fuzzy Neural Network ◽  
Expert Knowledge ◽  
Highway Projects ◽  
Performance Evaluation System ◽  
Transportation Projects ◽  
Fuzzy Neural

A performance evaluation system of finance transportation projects is mainly researched, in which the sub-module of the highway projects evaluation, waterway projects evaluation, Passenger stations projects evaluation, Energy saving projects evaluation are incorporated. In addition, the expert knowledge are inserted in the system, the multi-layer neural network and fuzzy-set theory are used to implement Performance Evaluation system of Finance invest Transportation Projects, and the feasibility and effectiveness of the evaluation system are finally verified by practice.

Concurrent schedule performance in domestic goats: persistent undermatching

1997 ◽  
Vol 40 (3) ◽  
pp. 231-237 ◽  
Author(s):  
T.Mary Foster ◽  
Lindsay R. Matthews ◽  
William Temple ◽  
Alan Poling
Keyword(s):  
Concurrent Schedule ◽  
Schedule Performance

The Theoretical Analysis of Performance Evaluation Connotation of Rural Highway Projects

2012 ◽  
Vol 204-208 ◽  
pp. 1848-1856
Author(s):  
Wu Gong Wang ◽  
Rong Guo Ma ◽  
Kun Feng ◽  
Guo Hua Liang
Keyword(s):  
Public Finance ◽  
Performance Evaluation ◽  
Theoretical Analysis ◽  
Swot Analysis ◽  
Project Performance ◽  
Analysis Method ◽  
Highway Projects ◽  
Rural Highway ◽  
Analysis Of Performance ◽  
Highway Project

On the basis of defining the concept of rural highway project performance, the necessity of the project performance evaluation of rural highway is analyzed. According to the theories of government's public function, fiduciary responsibilities accountability and public finance, the relation between rural highway and public finance are made researches on. Furthermore,with the application of the demand level theory of Maslow, the interrelationship among objects of the rural highway project performance evaluation is made an analysis of, and on top of that, combined with SWOT analysis method, the demand and goal of rural highway project performance evaluation are put forward.

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