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Arditi, D and Gutierrez, A E (1991) Performance of US contractors in foreign markets. Construction Management and Economics, 9(05), 431-49.

Rosenfeld, Y and Geltner, D (1991) Cost-plus and incentive contracting: some false benefits and inherent drawbacks. Construction Management and Economics, 9(05), 481-92.

Russell, A D and Ranasinghe, M (1991) Decision framework for fast-track construction: a deterministic analysis. Construction Management and Economics, 9(05), 467-79.

  • Type: Journal Article
  • Keywords: cost; deterministic framework; economic analysis; fast track
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446199100000035
  • Abstract:

    A deterministic analysis framework that permits the computation of an upper bound on the constant dollar expenditure that should be made to fast-track a project to achieve a specified duration is presented. It employs a baseline plan which corresponds to the traditional method of sequential design, construct, commission and operate, and the economic principle that one will continue to spend as long as the return on the incremental investment equals or exceeds the minimum attractive rate of return. The analysis is based on a generalized definition of fast-track construction, which includes overlapping of the construction and revenue phases and acceleration as well as overlapping of design and construction. An example is given to illustrate application of the framework.

Skitmore, M R (1991) The construction contract bidder homogeneity assumption: an empirical test. Construction Management and Economics, 9(05), 403-29.

Uwakweh, B O and Maloney, W F (1991) Conceptual model for manpower planning for the construction industry in developing countries. Construction Management and Economics, 9(05), 451-65.