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Ding, G and Forsythe, P J (2013) Sustainable construction: life cycle energy analysis of construction on sloping sites for residential buildings. Construction Management and Economics, 31(03), 254-65.

Lucko, G (2013) Supporting financial decision-making based on time value of money with singularity functions in cash flow models. Construction Management and Economics, 31(03), 238-53.

Park, A and Chang, C-Y (2013) Impacts of construction events on the project equity value of the Channel Tunnel project. Construction Management and Economics, 31(03), 223-37.

Van Reedt Dortland, M, Voordijk, H and Dewulf, G (2013) Real options in project coalitions in Dutch health care: two case studies of construction projects. Construction Management and Economics, 31(03), 266-86.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2012.738921
  • Abstract:
    Uncertainties affecting health organizations inevitably influence real estate decisions since real estate is required to facilitate the primary process in cure and care. Decisions have to be taken when there is little knowledge about the future. Therefore, flexibility is needed in the process of designing, constructing and operating real estate. Real options provide an approach to gain greater insight into flexibility. The aim is to analyse whether real options can be recognized in the real estate strategies of health organizations and what real options are provided by various forms of project coalition. Two case studies reveal that real options thinking can indeed be recognized in specific real estate strategies. The choice of certain real options is partly a result of the type of project coalition applied. Further development of real options thinking in real estate management in cure and care creates opportunities to deal with future uncertainties.

Zhang, M and Fang, D (2013) A cognitive analysis of why Chinese scaffolders do not use safety harnesses in construction. Construction Management and Economics, 31(03), 207-22.