Abstract
Project time-cost relationships were examined by using project scope factors as predictors for 161 construction projects that were completed in various Australian States using the multiple regression technique of weighted least squares. The analysis was performed between project duration (i.e., time), project type, procurement method, tender type, gross floor area (GFA), and number of stories. An alternative model to that proposed by Bromilow more than three decades ago for forecasting time and cost performance is proposed. It is shown that GFA and the number of stories in a building are key determinants of time performance in projects. Furthermore, the results indicate that cost is a poor predictor of time performance. Limitations and practical implications of the research are also presented.
Original language | English |
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Pages (from-to) | 187-194 |
Number of pages | 8 |
Journal | Journal of Construction Engineering and Management - ASCE |
Volume | 131 |
Issue number | 2 |
DOIs | |
Publication status | Published - Feb 2005 |
Externally published | Yes |
Keywords
- Australia
- Construction industry
- Costs
- Project management
- Time factors: Least-squares method
ASJC Scopus subject areas
- Civil and Structural Engineering
- Building and Construction
- Industrial Relations
- Strategy and Management