Influence of project preparation quality on the project outcome: A qualitative approach

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

To achieve the targets of all project key stakeholders, construction projects, in particular, require sufficiently long preparation and execution periods that go beyond ensuring project break-even. Assessing the break-even, or commercial viability, of a project directly depends on its complexity and underlying conditions. Time and funds are necessary to achieve a sufficiently high quality in construction project management, planning, and specification. At the project planning stage, the budget associated with specific use requirements should be calculated whilst also determining the quantities and quality standards achievable within a pre-defined budget. To successfully plan and execute construction projects, it is crucial to identify available resources in terms of funds and time in advance, thus making it possible, at a very early stage, to strike a realistic balance between the (financial) project targets and the available budget. If these targets exceed the budget, works are often specified incompletely, or specified quality standards are lowered with a view to arrive at lower costs in early project phases in order to ensure that the required permit is issued. This paper adopts a qualitative approach to highlight the influence of project preparation (i.e. project lead time and project preparation budget) on achieving the client’s/owner’s project targets.

Original languageEnglish
Title of host publicationISEC 2019 - 10th International Structural Engineering and Construction Conference
EditorsDidem Ozevin, Hossein Ataei, Asli Pelin Gurgun, Mehdi Modares, Siamak Yazdani, Amarjit Singh
PublisherISEC Press
ISBN (Electronic)9780996043762
Publication statusPublished - 1 Jan 2019
Event10th International Structural Engineering and Construction Conference, ISEC 2019 - Chicago, United States
Duration: 20 May 201925 May 2019

Conference

Conference10th International Structural Engineering and Construction Conference, ISEC 2019
CountryUnited States
CityChicago
Period20/05/1925/05/19

Keywords

  • Construction costs
  • Construction time
  • Management of chances
  • Productivity
  • Project preparation time
  • Risks

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Building and Construction

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