Abstract: Although bonds have been commonly used for financing construction works in developed countries such as the United States, Asian governments would like to see their construction growth increasingly funded by alternative ...

Abstract: The internal rate of return (IRR) is a common financial indicator for private finance initiative (PFI) projects. Due to the long and complicated cash flow nature of PFI projects, more plausible IRR techniques are necessary ...

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 ...

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 ...

Abstract: The need to maintain an ever-increasing building stock especially in developed economies is growing. This study provides a computational framework to find the optimal solution for sustainable building maintenance. The ...

Abstract: This paper attempts to incorporate both leading and lagging KPIs and apply the reliability interval method (RIM) to formulate a benchmarking model to assess project success in Hong Kong. A list of leading and lagging KPIs ...

Abstract: The construction industry is a very competitive high-risk business. Many problems, such as little cooperation, lack of trust, and ineffective communication resulting in adversarial relationships between contracting parties, ...