ARCOM

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Burns, S A, Liu, L and Feng, C-W (1996) The LP/IP hybrid method for construction time-cost trade-off analysis. Construction Management and Economics, 14(03), 265-76.

Edum-Fotwe, F T, Price, A D F and Thorpe, A (1996) A review of financial ratio tools for predicting contractor insolvency. Construction Management and Economics, 14(03), 189-98.

Type: Journal Article
Keywords: financial ratio; ratio model
ISBN/ISSN: 0144-6193
URL: https://doi.org/10.1080/014461996373458
Abstract:
There is a variety of financial ratio analytical methodologies for evaluation of construction companies corporate performance and identifying potential insolvent contractors. These methodologies comprise traditional approaches, subjective index and ratio models. The shortcomings of the financial ratio analytical methods are highlighted and some approaches to improving their efficiency presented. It has been suggested that standardizing the assessment criteria of subjective index methods for the construction industry can reduce the variation in different expert evaluations and so lead to a more uniform assessment. Secondly, the transformation approach has been recommended as a means of improving the efficiency of ratio models.

Gidado, K (1996) Project complexity: the focal point of construction production planning. Construction Management and Economics, 14(03), 213-25.

Horner, R M W and Zakieh, R (1996) Characteristic items: a new approach to pricing and controlling construction projects. Construction Management and Economics, 14(03), 241-52.

Ming, C S, Runeson, G and Skitmore, M R (1996) Changes in profit as market conditions change: a historical study of a building firm. Construction Management and Economics, 14(03), 253-64.

Shirazi, B, Langford, D A and Rowlinson, S M (1996) Organizational structures in the construction industry. Construction Management and Economics, 14(03), 199-212.