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Titlebook: Construction Quality and the Economy; A Study at the Firm Low Sui Pheng,Lau Shing Hou Book 2019 Springer Nature Singapore Pte Ltd. 2019 Co

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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Titlebook: Construction Quality and the Economy; A Study at the Firm  Low Sui Pheng,Lau Shing Hou Book 2019 Springer Nature Singapore Pte Ltd. 2019 Co
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
doihttps://doi.org/10.1007/978-981-13-5847-0
isbn_ebook978-981-13-5847-0Series ISSN 2522-0047 Series E-ISSN 2522-0055
issn_series 2522-0047
copyrightSpringer Nature Singapore Pte Ltd. 2019
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https://doi.org/10.1007/978-981-13-5847-0Construction Project Management; Time-Cost-Quality Trade-Off; Auction Theory; Profit Maximization Theor
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Springer Nature Singapore Pte Ltd. 2019
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Das Datum des Periplus des Roten Meeres,ringer, 2015). At one extreme, construction is referred to as an economic activity that involves the entire construction process from producing raw and manufactured building materials and components, and providing professional services such as design and project management, to executing the physical work on site.
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https://doi.org/10.1007/978-3-322-98937-6 firm level is proposed. However, before examining the conceptual framework in Sect. ., it is important to understand the defining factors of a conceptual framework and the role of theories in developing them. These shall be discussed in Sect. ..
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Zur Geschichte des Aethiopennamens,993) who noted that quality in the Singapore construction industry began to gain traction only in the late 1970s and early 1980s when the country moved up the rungs of socio-economic development only during this period of time. This observation supports Rostow’s (The stages of economic growth. A non
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