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Project cost of construction enterprises includes direct costs and indirect costs. The absence of segregation in responsibilities, the barriers exits in cost information transmitting, lack of cost control criteria, the low technological level of construction workers, lack of cost analysis and evaluation mechanism are the main problems exit in project cost control of construction enterprises. The paper...
The benefits brought by information sharing in construction supply chain (ISCSC) can be manifested in many aspects. The calculation of added-value generated from information sharing is complicated and difficult, and this paper proposes to measure the above-mentioned benefits from three aspects: construction period, cost and quality. By establishing mathematical equations of added-value in terms of...
The construction industry has been facing a paradigm shift to (i) increase; productivity, efficiency, infrastructure value, quality and sustainability, (ii) reduce; lifecycle costs, lead times and duplications, via effective collaboration and communication of stakeholders in construction projects. Digital construction is a political initiative to address low productivity in the sector. This seeks...
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