Focus on Cash
More construction companies fail due to incorrect financial management than business profitability* *[Arditi, D., Koksal, A. and Kale, S. (2000) Business failures in the construction industry, Engineering, Construction and Architectural Management, 7(2), 120-132; Kivrak, S. and Arslan, G. (2008) Factors causing construction company failure, Building Abroad, October 2008, 297-305; Davidson, R.A. and Maguire,
Productive and Plant Scenarios of Equipment
Study of contribution of equipment and plant in throughput of construction processes Equipment Capacity: Productive Scenario The contribution of construction equipment for a given throughput has two components: the number or measurement of the equipment and the duration of mobilization of the equipment. Contribution of equipment is therefore measured in geometry-duration units.
Factors of Production and Throughput in Construction
Rules for modeling combination of resources to produce output of construction procedures Complementary Resources All factors of production in the construction industry are complementary: a resource combines with other resources to produce output. For example, cement, aggregate, workers and machinery produces concrete. Complementary resources combine differently in different operations. Cement, for example,
Core Drilling: Survey of Practices
Drilling holes through concrete, masonry or wood for grouting, installation or testing Drilling is a process of making a cylindrical hole, that is long in comparison to its diameter, into a surface (called a substrate). Drilling operated as a primary activity to retrieve a cylindrical core, such as for testing purposes from