Chances and Risks in Construction Management and Economics is popular PDF and ePub book, written by Christian Hofstadler in 2021-06-20, it is a fantastic choice for those who relish reading online the Technology & Engineering genre. Let's immerse ourselves in this engaging Technology & Engineering book by exploring the summary and details provided below. Remember, Chances and Risks in Construction Management and Economics can be Read Online from any device for your convenience.
Chances and Risks in Construction Management and Economics Book PDF Summary
The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business. This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases.
Detail Book of Chances and Risks in Construction Management and Economics PDF
- Author : Christian Hofstadler
- Release : 20 June 2021
- Publisher : Springer Nature
- ISBN : 9783030640149
- Genre : Technology & Engineering
- Total Page : 696 pages
- Language : English
- PDF File Size : 7,7 Mb
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