Time-cost relationships in Australian building construction projects

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...

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Main Authors: Love, Peter, Tse, R., Edwards, D.
Format: Journal Article
Published: American Society of Civil Engineers (ASCE) 2005
Online Access:http://hdl.handle.net/20.500.11937/15004
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author Love, Peter
Tse, R.
Edwards, D.
author_facet Love, Peter
Tse, R.
Edwards, D.
author_sort Love, Peter
building Curtin Institutional Repository
collection Online Access
description 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.
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publishDate 2005
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spelling curtin-20.500.11937-150042017-09-13T15:00:24Z Time-cost relationships in Australian building construction projects Love, Peter Tse, R. Edwards, D. 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. 2005 Journal Article http://hdl.handle.net/20.500.11937/15004 10.1061/(ASCE)0733-9364(2005)131:2(187) American Society of Civil Engineers (ASCE) restricted
spellingShingle Love, Peter
Tse, R.
Edwards, D.
Time-cost relationships in Australian building construction projects
title Time-cost relationships in Australian building construction projects
title_full Time-cost relationships in Australian building construction projects
title_fullStr Time-cost relationships in Australian building construction projects
title_full_unstemmed Time-cost relationships in Australian building construction projects
title_short Time-cost relationships in Australian building construction projects
title_sort time-cost relationships in australian building construction projects
url http://hdl.handle.net/20.500.11937/15004