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Birnie, J (1996) Bias and financial management judgements. Journal of Financial Management of Property and Construction, 1(01), 37–54.

Farrell, M L (1996) Real property valuation in a context of Knight-Keynes uncertainty. Journal of Financial Management of Property and Construction, 1(01), 5–20.

Kaka, A P (1996) Decision support system for plant-hirers' financial strategies. Journal of Financial Management of Property and Construction, 1(01), 21–36.

  • Type: Journal Article
  • Keywords: plant-hire; financial budgeting; decision making; computer simulation; cash flow
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    A strategy evaluation and financial planning computer model for plant-hire activities is presented in this paper. This model adopts a stochastic simulation approach, in order to produce a detailed financial statement requiring minimum data entry. Individual plant is generated, simulated and integrated using implicit data entry. This enabled the evaluation of the dynamic mechanisms associated with plant-hire activities. Several assumptions were made during the design of the model, and a s aresult, a case study was required to verify the output. A plant-hire subsidiary of a large construction group participated in the verification process, and the model was confirmed to be a good alternative to current procedures.

Khosrowshahi, F (1996) Value profile analysis of contruction projects. Journal of Financial Management of Property and Construction, 1(01), 55–76.

Pitt, T J and Griffith, G T T (1996) Space modelling in healthcare properties. Journal of Financial Management of Property and Construction, 1(01), 77–88.

Sloan, B, McLeod, B N, Smith, R M and Goodall, W L (1996) A functional cost approach in the development and use of a project budget cost limit estimator (PBCLE) for capitol building works. Journal of Financial Management of Property and Construction, 1(01), 89–100.