Proactive Planning and Control of Construction Projects: Forecasting Construction Productivity and Costs Using Time Series Data

Hwang, Seokyon

ISBN 10: 3846524026 / ISBN 13: 9783846524022

Published by LAP LAMBERT Academic Publishing, 2011

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Bibliographic Details

• Title: Proactive Planning and Control of Construction Projects: Forecasting Construction Productivity and Costs Using Time Series Data
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2011
• Language: English
• ISBN 10: 3846524026
• ISBN 13: 9783846524022
• Binding: paperback
• Condition: New
• Book Type: book

About this title

Synopsis

Construction projects are highly subject to changes. In particular, productivity and costs of construction activities evolve dynamically and stochastically over time. This compels project managers to update existing estimates and plans repeatedly for the planning and control of the future processes. To be effective in doing so, they need to monitor and evaluate productivity and costs frequently and regularly, so as to update the existing plans and implement the updated plans in a timely manner. This book discusses new methods for proactive planning and control via continual forecasting and updating construction productivity and costs. The methods enable practitioners to objectively and accurately predict construction productivity and costs in a timely manner; thereby, they can make more reliable decisions and implement the decisions in a more effective way. Such proactive planning and control ultimately contributes to reducing risk in the future processes, improving collaboration and coordination among project participants, and optimizing resource use.

About the Author

Dr. Seokyon Hwang is Assistant Professor of Civil Engineering at Lamar University. He received a Ph.D. degree in Civil Engineering from the University of Illinois at Urbana-Champaign. He has also worked for Daewoo Engineering & Construction as a project engineer. His research focuses on the sustainable engineering and management of A/E/C projects.