A model for integrating cost management and production planning and control in construction

Kern, Andréa Parisi; Formoso, Carlos Torres

doi:10.1108/13664380680001081

Cited by 21 publications

(29 citation statements)

References 8 publications

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“…Past studies (Oladapo, 2001;Akinde, 2012;Ogbu et al, 2012) established that employing effective and appropriate project cost management systems (CMS) could achieve effective project cost performances. Evidence also show that the success of the CMS on project cost performances depends on appropriate choice of effective cost management i n a n c i a l M a n a g e m e n t o f P r o p e r t y a n d C o n 2 techniques and process approach (Kern et al, 2006;Obi et al, 2015). Besides, the consideration of certain success factors is necessary for their effective implementation (Sanvido 1988;Olawale et al, 2010;Windapo, 2013).…”

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confidence: 99%

Prioritizing cost management system considerations for Nigerian housing projects

Obi

Arif

Kulonda

2017

JFMPC

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Purpose- This study develops a success factor model to understand and facilitate improved cost\ud management system (CMS) implementation in Low-cost housing (LcH) project delivery in Nigeria.\ud Design/methodology/approach- Literature findings highlight thirteen drivers’ affecting effective\ud implementation within the CMS and employs series of brainstorming sessions and questionnaire\ud survey to validate the drivers’. Factor analysis (FA) identifies possible contextual relationships\ud among the validated drivers’ and groups them into three success factors. The results of the FA are\ud refined employing interpretive structural modelling (ISM). The ISM identifies and models the\ud influential drivers’ and aids the development of the success factor model.\ud Findings- Effective team qualities, information and management actions and a stable operational\ud environment are the three essential success factors for effective CMS implementation.\ud Practical implications- The paper highlights effective team qualities as the most important CMS\ud considerations for Nigerian LcH project delivery. This finding creates the needed awareness to\ud guide project sponsors and project managers in the appropriate selection of Project Management\ud Team (PMT) as well procurement system that facilitates their collaboration.\ud Originality/value- This study is a novel research using FA and ISM to investigate the influence of\ud success factors needful for effective implementation within the CMS. It further develops a hierarchy\ud model that aids the PMT with the better understanding of the drivers’ and factors interrelationships\ud for use on LcH projects within the Nigerian context

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confidence: 99%

Prioritizing cost management system considerations for Nigerian housing projects

Obi

Arif

Kulonda

2017

JFMPC

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“…Some works are too general and too descriptive [8,33]. There are also presented models and methods which are too complicated, thus, not very practical and easy to adopt in planning and managing construction projects [2,39,42,50]. In some research, the models seem to be reasonable, however, they are not tested and verified during construction process monitoring [33,38,51].…”

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confidence: 99%

“…The proposed model was formulated on the basis of an analysis of nine construction projects that were carried out by four different Brazilian construction companies. It should only be used by small-and medium-sized enterprises [39].…”

Section: Literature Surveymentioning

confidence: 99%

Methodology of Planning the Course of the Cumulative Cost Curve in Construction Projects

Konior

Szóstak

2020

Sustainability

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Appropriate planning and effective monitoring of the execution of construction projects is important with regard to their successful sustainment of implementation. Time and cost are key elements that determine the success or failure of construction projects. The obtaining of a rational S-curve course before the start of a construction project that reflects reality is important for all the participants involved in implementing an investment task. The article proposes an original methodology for planning the course of the cumulative cost curve in construction projects. It uses a method of shaping the S-curve, which is well-known in both literature and practical approaches. On the basis of the authors' own research carried out in a homogeneous research group of hotel facilities, the areas of the curve for the correct planning of costs in construction projects were designated, which determine the boundaries of the predicted costs accumulated over time. The data for the development of the authors' research methodology is the result of the authors' own experience and professional work. The authors carried out Bank Investment Supervision in the years 2006-2019 on behalf of the banks that grant investment loans for non-public contracts. Knowing the total cost and duration of the planned construction project, which were determined on the basis of project documentation, cost estimates, and also their own database regarding planned and completed deadlines and budgets of similar investments, 6th degree polynomials of the real costs of the construction works were determined. This approach enabled the correct planning of costs over time and the determination of planned monthly amounts of construction works to be executed.

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“…Os métodos tradicionais têm suas limitações, uma vez que, muitas vezes, não é possível considerarem-se as especificidades das obras de reabilitação. A associação de novos softwares aos conceitos do orçamento operacional, como proposto por Kern (2006), é um caminho a ser trilhado em trabalhos futuros.…”

Section: Considerações Finaisunclassified

Recomendações para elaboração de orçamento de obras de reabilitação de edifícios habitacionais

Jesus¹,

Barros

2011

Ambient. constr.

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Resumosegmento de reabilitação de edifícios residenciais no Brasil vem se desenvolvendo lentamente, seja por meio de programas habitacionais geridos pelo Estado, seja de maneira ainda tímida pelo mercado imobiliário privado. Entretanto, a exemplo de muitos países europeus, essa atividade tende a se intensificar com o passar dos anos e exigirá conhecimentos específicos hoje não consolidados. O processo de produção de um empreendimento de reabilitação é bastante distinto do de um edifício novo, demandando o desenvolvimento de novos parâmetros tecnológicos, de gestão e de custos. Com base neste contexto, o presente trabalho tem como objetivo propor recomendações para elaboração de orçamento de obras de reabilitação de edifícios para uso habitacional. O trabalho é baseado num estudo minucioso dos custos envolvidos na produção de cinco empreendimentos de reabilitação habitacional realizados na cidade de São Paulo, para os quais foram elaborados os orçamentos detalhados e a curva ABC. A análise dos custos dos empreendimentos permitiu estabelecer um intervalo de participação percentual do custo de produção dos subsistemas do edifício no custo total da obra de reabilitação. Palavras

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A model for integrating cost management and production planning and control in construction

Cited by 21 publications

References 8 publications

Prioritizing cost management system considerations for Nigerian housing projects

Prioritizing cost management system considerations for Nigerian housing projects

Methodology of Planning the Course of the Cumulative Cost Curve in Construction Projects

Recomendações para elaboração de orçamento de obras de reabilitação de edifícios habitacionais

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