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Financial Valuation of Investments in International Construction Markets: Real-Options Approach for Market-Entry Decisions
Publisher: American Society of Civil Engineers
Abstract: The body of knowledge in decision making about international construction market entry has been primarily focused on identifying risk factors, quantifying risks, and developing risk management strategies for construction ...
Predicting Profit Performance for Selecting Candidate International Construction Projects
Publisher: American Society of Civil Engineers
Abstract: International projects are inherently exposed to unpredictable and complicated risk scenarios. To minimize possible losses due to these risk exposures, construction firms have their own procedures or basic tools for selecting ...
Discriminant Analysis for Predicting Ranges of Cost Variance in International Construction Projects
Publisher: American Society of Civil Engineers
Abstract: Unanticipated market conditions as well as project-related risks can easily lead to cost overruns in international construction projects. For a contractor to be financially successful in international projects, a careful ...
Empirical Assessment of Internationalization Strategies for Small and Medium Construction Companies
Publisher: American Society of Civil Engineers
Abstract: In the wake of increased globalization, more small and medium construction companies (SMCCs) are expanding into the global market. However, the international construction industry is different from the domestic with respect ...
Causes of Bad Profit in Overseas Construction Projects
Publisher: American Society of Civil Engineers
Abstract: International construction projects do not necessarily produce a high level of profit, as opposed to what is generally expected of high-risk international attempts. Overseas construction projects tend to have various risk ...
Conceptual Cost-Prediction Model for Public Road Planning via Rough Set Theory and Case-Based Reasoning
Publisher: American Society of Civil Engineers
Abstract: Long-term transportation policies require government officials to predict the cost of public road construction during the conceptual planning phase. However, early cost prediction is often inaccurate because public officials ...