INFLUENCE OF PROJECT PREPARATION QUALITY ON THE PROJECT OUTCOME: A QUALITATIVE APPROACH
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Title INFLUENCE OF PROJECT PREPARATION QUALITY ON THE PROJECT OUTCOME: A QUALITATIVE APPROACH
Creator Christian Hofstadler, Markus Kummer
Contributor Didem Ozevin, Hossein Ataei, Mehdi Modares, Asli Pelin Gurgun, Siamak Yazdani, Amarjit Singh
Publisher ISEC PRESS
Publication Year 2562
Keyword Project preparation time, Construction costs, Construction time, Productivity, Management of chances and risks
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.
ISBN 978-0-9960437-6-2
Language English
URL Website https://www.isec-society.org/
Website title ISEC Society
International Struct Eng and Constructn Society

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