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Full-Text Articles in Architecture
Measuring Construction: Prices, Output And Productivity, Rick Best, Jim Meikle
Measuring Construction: Prices, Output And Productivity, Rick Best, Jim Meikle
Rick Best
Despite the size, complexity and importance of the construction industry, there has been little study to date which focuses on the challenge of drawing reliable conclusions from the available data. The accuracy of industry reports has an impact on government policy, the direction and outcomes of research and the practices of construction firms, so confusion in this area can have far reaching consequences. In response to this, Measuring Construction looks at fundamental economic theories and concepts with respect to the construction industry, and explains the merits and shortcomings, sometimes by looking at real life examples.
Performance Measures For Construction, Craig Langston
Performance Measures For Construction, Craig Langston
Craig Langston
Extract: The global construction industry is highly competitive, fragmented and cyclical and frequently operates on low margins (Loosemore 2003). Yet construction accounts for a significant portion of economic activity and is a catalyst for many other sectors. The industry is also labour intensive and project specific and involves team relationships that form and disband on a regular basis. It is not surprising, therefore, that construction performance and reform have dominated research within the industry for more than 50 years.