scholarly journals A Global Review of Sustainable Construction Project Financing: Policies, Practices, and Research Efforts

2017 ◽  
Vol 9 (12) ◽  
pp. 2347 ◽  
Author(s):  
Ming Shan ◽  
Bon-Gang Hwang ◽  
Lei Zhu
Keyword(s):  
Construction Project ◽  
Sustainable Construction ◽  
Project Financing ◽  
Financing Policies

scholarly journals Generalized Resource-Constrained Critical Path Method to Improve Sustainability in Construction Project Scheduling

2020 ◽  
Vol 12 (21) ◽  
pp. 8918
Author(s):  
Kyunghwan Kim
Keyword(s):  
Construction Projects ◽  
Resource Constraints ◽  
Critical Path ◽  
Construction Project ◽  
Sustainable Construction ◽  
Prototype System ◽  
Critical Path Method ◽  
Resource Constrained ◽  
Additional Time ◽  
Multiple Resource

Delays by limited supply of resources are common in many construction projects and may cause serious monetary disputes between project participants. Since the dispute resolution may require unnecessary additional time and cost, preventing delays in advance is an important goal in sustainable construction project management. To prevent delays, a feasible plan must be implemented, which reflects limited resources and provides reliable activity information. For this purpose, this study proposes a generalized resource-constrained critical path method (eRCPM). It consists of three steps to identify resource-dependent activity relationships (resource links) based on the result of resource-constrained scheduling (RCS) under multiple resource constraints. Compared to the existing resource-constrained critical path methods, the eRCPM has the advantage of identifying resource links irrespective of the applied RCS technique because it is based on the result rather than the RCS process. Further, this study presents a Microsoft (MS) Excel-based half-automated prototype system that is linked using file export and import functions to both P6 and MS Project software packages. The detailed process of the eRCPM algorithm and the operation process of the prototype system are described using an example schedule. Through a case study, it was demonstrated that eRCPM appropriately identifies the necessary resource links and provides reliable total floats.

scholarly journals MANAJEMEN RISIKO DALAM PROSES ESTIMASI BIAYA PADA PROYEK KONSTRUKSI GEDUNG BERTINGKAT DI KOTA DENPASAR

2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Ida Ayu Praniti Tresna Putri ◽  
I N. Norken ◽  
I B. Rai Adnyana
Keyword(s):  
Negative Impact ◽  
Construction Project ◽  
Mitigation Measures ◽  
Project Financing ◽  
Whole Process ◽  
Qualitative Descriptive ◽  
Inaccurate Estimation ◽  
The Government ◽  
The Cost ◽  
Descriptive Method

Abstract : On the implementation of the construction project, financing is the main consideration due to the number of large and vulnerable to various risks. Cost control is the beginning of the estimates. An inaccurate estimation could have a negative impact on the whole process of construction. Because of estimation is reference in preparing the budget and used as control of the cost of projects, then required to major risk analysis that can be used as a basis in the mitigation. This research was conducted with qualitative descriptive method by interviews and survey. Data was collected by distributing questionnaires to the respondents using purposive sampling method, which simply selecting respondents who were competent and expert about the possible risks. The number of respondents was 25 who represent 8 construction project belonging to the government which is located in Denpasar. The results showed that there were 40 risks identified, from literature identified 16 risks and from brainstorming identified 24 risks. Than from 40 risks there are 34 major risks which was 9 risks classified as unacceptable and 25 risks classified as undesirable. Most dominant risks were the risks of estimator team and project. There were 16 mitigation measures at an unacceptable risk and 41 mitigitation measures at an undesirable risk. Most dominant risks were the risks of contractors and owner.

scholarly journals Global Perception of Sustainable Construction Project Risks

2014 ◽  
Vol 119 ◽  
pp. 456-465 ◽  
Author(s):  
Aminu Darda’u Rafindadi ◽  
Miljan Mikić ◽  
Iva Kovačić ◽  
Zoran Cekić
Keyword(s):  
Construction Project ◽  
Sustainable Construction ◽  
Project Risks ◽  
Global Perception

scholarly journals Model for Assessing Strategies for the Implementation of an Investment and Construction Project for the Construction of an Apartment Building by a Developer in Terms of Project Financing

2021 ◽  
Vol 31 (3) ◽  
pp. 347-355
Author(s):  
Valeriya Pukhova
Keyword(s):  
Real Estate ◽  
Construction Project ◽  
Theory And Practice ◽  
Project Financing ◽  
Residential Real Estate ◽  
Apartment Building ◽  
Efficient Operation ◽  
Land Plot ◽  
Design Solutions ◽  
The Cost

The need for improvement of the current mechanism of project financing for the construction of residential real estate arises from the analysis of the theory and practice of financing of the primary housing market. The use of the systemic approach has allowed the author to develop an improved mechanism of project financing, which comprises the principles of project financing, tools, forms of its regulation and methods of implementation of project financing. For efficient operation of the improved mechanism of project financing for the construction of residential real estate, a number of strategies have been proposed for the implementation of an investment and construction project, differing in design solutions, implementation period, marketing policy, rates of filling escrow accounts. The author proposes a scheme for a developer to choose project designs, which is based on the rules for land use and development and urban development regulations. A model for assessing the strategy for the implementation of an investment and construction project in project financing, taking into account the cost of a land plot, interest on a loan, selected design solutions, as well as the return on capital investments, was developed. In order to make a decision on the implementation of one or another investment and construction project for the construction of an apartment building, developers are invited to assess the options for design solutions and draw a conclusion about the most effective one according to the proposed model. The model can be used to assess the influence of the cost of a land plot in the structure of costs when the developer has a model project. It helps take into consideration project designs, the cost of the land plot according to the location of the designed facility, profitability of the expected capital investment and interest on the loan using escrow accounts.

scholarly journals A Multi-Criteria Decision-Making Model to Choose the Best Option for Sustainable Construction Management

2019 ◽  
Vol 11 (8) ◽  
pp. 2239 ◽  
Author(s):  
Seyit Ali Erdogan ◽  
Jonas Šaparauskas ◽  
Zenonas Turskis
Keyword(s):  
Decision Making ◽  
Project Management ◽  
Construction Management ◽  
Construction Project ◽  
Sustainable Construction ◽  
Construction Project Management ◽  
Analytic Hierarchy ◽  
Project Construction ◽  
Turkish Case ◽  
Decision Making Model

The article briefly discusses the content and terms of construction project management. It identifies the main problems of construction management and discusses ways to solve those using multi-criteria methods. Well-performed management is one of the critical factors which leads to the success of any significant sustainable project. Construction project management consists of setting goals and defining user requirements, project constraints, and resources needed. This paper aims to create a practically useful model. The paper presents a comprehensive set of criteria, which led to the creation of a decision-making model for construction management, which was applied to a Turkish case study. The Analytic Hierarchy Process (AHP) method and the Expert Choice computer program were used for calculations.

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