Abstract: The structure of a market can be described by how the market is composed of firms of different sizes and how these firms are diversified into different subsectors. In construction, few empirical studies exist on organizational ...

Abstract: In construction, many large firms are diversified, and their diversification is recognized as a corporate strategy for growth and risk management. Diversification indicates extended competition into a different market ...

Abstract: The widespread use of computer-aided drafting (CAD) systems within the engineering domain has provided significant advances in the capability to model design solutions. However, the focus of these systems on detailed design ...

Abstract: Reliable forecasting is instrumental in successful project management. In order to ensure the successful completion of a project, the project manager constantly monitors actual performance and updates the current predictions ...

Abstract: The earned value method (EVM) is recognized as a viable method for evaluating and forecasting project cost performance. However, its application to schedule performance forecasting has been limited due to poor accuracy in ...

Abstract: Competitive bidding is the major mechanism of competition. Bidding is risky because the actual cost of the job is unknown. Thus, the bid should be high enough to make a profit but low enough to win the bidding. The result ...

Abstract: Reliable cost estimates are essential for effective project control and the management of cash flows within the project and at the company level. Conventional approaches to project cost forecasting, which rely on detailed ...

Abstract: The Center for Infrastructure Studies in the School of Engineering at Columbia University and Stone & Webster Engineering Corporation are conducting multidisciplinary research in the integration of three‐dimensional computer ...

Abstract: Due to the increasing demand for energy in the United States, the Nuclear Regulatory Commission is currently reviewing permit applications for 26 new nuclear power reactors. However, the previous generation of U.S. civilian ...