书目名称 | Construction Quality and the Economy |
副标题 | A Study at the Firm |
编辑 | Low Sui Pheng,Lau Shing Hou |
视频video | |
概述 | Examines the relationship between the state of the economy (boom or bust) and construction quality.Describes the impacts of economic recessions on the performance of contracting firms.Presents theorie |
丛书名称 | Management in the Built Environment |
图书封面 |  |
描述 | This book discusses the relationship between construction quality and the state of the Singapore national economy, and describes how construction quality is affected as contracting firms strategically manage issues relating to profitability and survivability during economic boom and bust cycles. . .Adopting a three-pronged approach to explain the key issues, the book first explains the effect of the state of the Singapore national economy (boom or bust) on the construction quality delivered by contracting firms. Secondly, it explains how contracting firms respond to the performance of the national economy through their dynamic bidding strategies, leading to significant quality trade-offs in some instances, especially when there is imprecise market information. Thirdly, it recommends various strategic measures that key stakeholders and government policy-makers can take to circumvent the quality trade-off in the construction industry when faced with dynamic fluctuations in the performance of the national economy..Although the book focuses on Singapore, it appeals to a global audience since countries worldwide (and their respective building-related stakeholders) face the same issues i |
出版日期 | Book 2019 |
关键词 | Construction Project Management; Time-Cost-Quality Trade-Off; Auction Theory; Profit Maximization Theor |
版次 | 1 |
doi | https://doi.org/10.1007/978-981-13-5847-0 |
isbn_ebook | 978-981-13-5847-0Series ISSN 2522-0047 Series E-ISSN 2522-0055 |
issn_series | 2522-0047 |
copyright | Springer Nature Singapore Pte Ltd. 2019 |