An Evaluation of a Predictive Conceptual Method for Contract Time Determination on Highway Projects Based on Project Types

被引:0
|
作者
George Okere
机构
[1] University of Cincinnati,College of Engineering and Applied Science
关键词
Contract time; Predictive analysis; Highway projects; Bromilow’s time–cost model;
D O I
暂无
中图分类号
学科分类号
摘要
Contract time is the maximum time allowed in the contract for the completion of the project scope of work. The allowed time must be enough for adequate completion and yet not too long that it delays the use of the project. The current practice of determining contract time relies heavily on completed plans and specifications. However, there is always the need to come up with contract time at different project phases when the plans and specifications are not yet complete. The objective of this research is to evaluate a conceptual method for determination of contract time using linear regression and the predictive quality of such method based on different project types. A predictive conceptual method will serve a purpose, especially when there is not enough time or information to develop a detailed schedule. The development of a linear regression based on Bromilow’s Time–Cost (BTC) model could enhance state department of transportation (DOT) ability to make informed decisions on project feasibility and contract time. The ability to make such decision could save the agencies time and money. Based on the projects evaluated, the findings indicate that contract value (amount paid at completion) alone is not a good indicator of the contract time. The research suggests that a better predictor of contract duration could be arrived using standardized project types. In addition to cost, such classification will include project dimensions such as construction type, system type, material type, project location, complexity category, traffic control category, environmental assessment, and other factors.
引用
收藏
页码:1057 / 1073
页数:16
相关论文
共 50 条
  • [41] Scheduling evaluation in construction projects using the critical chain project management method
    Sembiring, N.
    Putra, A.
    [J]. INTERNATIONAL CONFERENCE ON INNOVATION IN ENGINEERING AND VOCATIONAL EDUCATION 2019 (ICIEVE 2019), PTS 1-4, 2020, 830
  • [42] Evaluation of Highway Maintenance Machinery Configuration Based on Fuzzy Comprehensive Evaluation Method
    Yang, Ping
    [J]. MECHATRONICS AND INTELLIGENT MATERIALS II, PTS 1-6, 2012, 490-495 : 319 - 324
  • [43] Determination of the Optimal Concession Period for BOT Contract Projects Based on a Discrete Stochastic Process Model
    Xu, Jiang-Wei
    Jiang, Li
    Moon, Sungwoo
    [J]. JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT, 2017, 143 (04)
  • [44] The Risk Evaluation Model of Construction Project Contract Based on BP Neural Network
    Liu, Hua
    Yang, Junfang
    Zhang, Zhiyuan
    [J]. ARCHITECTURE, BUILDING MATERIALS AND ENGINEERING MANAGEMENT, PTS 1-4, 2013, 357-360 : 2304 - +
  • [45] Optimization of Highway Construction Quota Determination Method Based on Fuzzy Theory
    Jing, Hongjun
    Kang, Mingke
    Cheng, Shiqiang
    Ding, Renhong
    Zhang, Yanqing
    [J]. Journal of Engineering Science and Technology Review, 2022, 15 (03): : 46 - 54
  • [46] On vendor preferences for contract types in offshore software projects: The case of fixed price vs. time and materials contracts
    Gopal, Anandasivam
    Sivaramakrishnan, Konduru
    [J]. INFORMATION SYSTEMS RESEARCH, 2008, 19 (02) : 202 - 220
  • [47] Project Selection Method Based on Combination Evaluation
    Kim, Kang-Min
    Lee, Kang-Guk
    Hong, Won-Hwa
    [J]. MANUFACTURING, DESIGN SCIENCE AND INFORMATION ENGINEERING, VOLS I AND II, 2015, : 1172 - 1178
  • [48] Project Selection Method Based on Combination Evaluation
    Wang, Q. K.
    Guo, Z.
    Li, Q. Y.
    [J]. MANUFACTURING, DESIGN SCIENCE AND INFORMATION ENGINEERING, VOLS I AND II, 2015, : 1081 - 1089
  • [49] Personal Data Determination Method Based On Blockchain Technology and Smart Contract
    Wang, Hongman
    Yuan, Yongbin
    Yang, Fangchun
    [J]. 2020 4TH INTERNATIONAL CONFERENCE ON CRYPTOGRAPHY, SECURITY AND PRIVACY (ICCSP 2020), 2020, : 89 - 94
  • [50] Evaluation of Highway Projects under Government Support Mechanisms Based on an Option-Pricing Framework
    Mirzadeh, Iman
    Birgisson, Bjorn
    [J]. JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT, 2016, 142 (04)