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Modeling and Forecasting Construction Labor Demand: Multivariate Analysis
Publisher: American Society of Civil Engineers
Abstract: This paper presents the development of advanced labor demand forecasting models at project level. A total of 11 manpower demand forecasting models were developed for the total project labor and ten essential trades. Data ...
Modeling Construction Occupational Demand: Case of Hong Kong
Publisher: American Society of Civil Engineers
Abstract: Appropriate training can only be developed if training needs for specific skills are carefully identified. This paper, further to an aggregate model developed previously, aims to forecast the occupational share of the ...
Empirical Study of the Risks and Difficulties in Implementing Guaranteed Maximum Price and Target Cost Contracts in Construction
Publisher: American Society of Civil Engineers
Abstract: Over the past few decades, both the guaranteed maximum price (GMP) and target cost contracting (TCC) arrangements have been regarded as alternative integrated procurement strategies for clients to mitigate risks, minimize ...