Time-cost realtionships in Australian Building Construction Projects
Document Type
Journal Article
Publisher
Emerald Group Publishing Limited
Faculty
Faculty of Business and Public Management
School
School of Business
RAS ID
3848
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.
DOI
10.1061/(ASCE)0733-9364(2005)131:2(187)
Comments
Love, P. E., Tse, R. Y., & Edwards, D. J. (2005). Time–cost relationships in Australian building construction projects. Journal of Construction Engineering and Management, 131(2), 187-194. Available here