International Conference on Construction and Real Estate Management 2018
Factors Affecting the Capital Cost of Prefabrication in China: Perception and Practice
Publication: ICCREM 2018: Sustainable Construction and Prefabrication
ABSTRACT
High capital cost is the most barrier to hindering the prefabrication development in some nations, especially in China. There exits cognitive deviations in high capital cost among stakeholders. This study aims to explore the factors affecting the high capital cost from the perspectives of perception and practice, and probe the effect of experience on cost management, then set up corresponding strategies for the government and decision maker to conduct rational policies for promoting the prefabrication development. The semi-structured interviews were conducted to explore factors affecting the high capital cost, and then questionnaire survey was employed to collect professionals’ views on their effects. After data collection, exploratory factor analysis was adopted to explore the latent factors from perception and practice respectively. The findings emphasized that experience as a tacit knowledge has a significant effect on the cognition of capital cost. Experienced paid more attention to practical problems, while inexperienced stressed on the potential risk and expensive. This study provides a new perspective for the government and decision makers to conduct policies for promoting the prefabrication development.
Get full access to this article
View all available purchase options and get full access to this chapter.
ACKNOWLEDGMENTS
This research was partly supported by Project of the National Thirteenth -Five-year Research Program of China (2016YFC0701606). The authors are grateful to people who helped in undertaking the research and making improvements to this article. We would also like to thank the editors and reviewers of International Conference on Construction and Real Estate Management for their insightful comments on this research.
REFERENCES
Ahmadian, F., Akbarnezhad, A., Rashidi, T.H. and Waller, S.T. (2016). “Accounting for transport times in planning off-site shipment of construction materials.” Journal of Construction Engineering & Management, 142(1), 1–11.
Alroomi, A., Jeong, D. and Oberlender, G.D. (2012). “Analysis of cost-estimating competencies using criticality matrix and factor analysis.” Journal of Construction Engineering and Management, 138(11), 1270–1280.
Arashpour, M., Wakefield, R., Blismas, N. and Minas, J. (2015). “Optimization of process integration and multi-skilled resource utilization in off-site construction.” Automation in Construction, (50), 72–80.
Chen, Y., Okudan, G.E. and Riley, D.R. (2010). “Decision support for construction method selection in concrete buildings: prefabrication adoption and optimization.” Automation in Construction, 19(6), 665–675.
Chiang, Y., Hon-Wan Chan, E., and Ka-Leung Lok, L. (2006). “Prefabrication and barriers to entry—a case study of public housing and institutional buildings in Hong Kong.” Habitat International, 30(3), 482–499.
Cicmil, S., Williams, T., Thomas, J. and Hodgson, D. (2006). “Rethinking project management: researching the actuality of projects.” International Journal of Project Management, 24(8), 675–686.
Frimpong, Y., Oluwoye, J. and Crawford, L. (2003). “Causes of delay and cost overruns in construction of groundwater projects in a developing countries; Ghana as a case study.” International Journal of Project Management, 21(5), 321–326.
Gacasan, E.M.P., Wiggins, M.W. and Searle, B.J. (2016). “The role of cues in expert project manager sense making.” Construction Management and Economics, 34(7–8SI), 492–507.
Gan, Y., Shen, L., Chen, J., Tam, V., Tan, Y. and Illankoon, I. (2017). “Critical factors affecting the quality of industrialized building system projects in China.” Sustainability, 9(2), 2–16.
Gibb, A. and Isack, F. (2003). “Re-engineering through pre-assembly: client expectations and drivers.” Building Research and Information, 31(2), 146–160.
Harper, C.M., Molenaar, K.R. and Joseph, P. (2016). “Measuring constructs of relational contracting in construction projects: the owner’s perspective.” Journal of Construction Engineering and Management, 142(10), 1–11.
Hemstrom, K., Gustavsson, L. and Mahapatra, K. (2017). “The sociotechnical regime and Swedish contractor perceptions of structural frames.” Construction Management and Economics, 35(4), 184–195.
Isaac, S., Bock, T. and Stoliar, Y. (2016). “A methodology for the optimal modularization of building design.” Automation in Construction, 65, 116–124.
Jaillon, L. and Poon, C.S. (2008). “Sustainable construction aspects of using prefabrication in dense urban environment: a Hong Kong case study.” Construction Management and Economics, 26(9), 953–966.
Jaillon, L. and Poon, C.S. (2014). “Life cycle design and prefabrication in buildings: a review and case studies in Hong Kong.” Automation in Construction, (39), 195–202.
Kanjanabootra, S. and Corbitt, B. (2016). “Reproducing knowledge in construction expertise: a reflexive theory, critical approach.” Construction Management and Economics, 34(7–8SI), 561–577.
Khalili, A. and Chua, D.K. (2014). “Integrated prefabrication configuration and component grouping for resource optimization of precast production.” Journal of Construction Engineering & Management, 140(2), 1–12.
Kim, Y., Han, S., Yi, J. and Chang, S. (2016). “Supply chain cost model for prefabricated building material based on time-driven activity-based costing.” Canadian Journal of Civil Engineering, 43(4), 287–293.
Luo, L.Z., Mao, C., Shen, L.Y. and Li. Z.D. (2015). “Risk factors affecting practitioners’ attitudes toward the implementation of an industrialized building system: a case study from China.” Engineering, Construction and Architectural Management, 22(6), 622–643.
Mao, C., Xie, F., Hou, L., Wu, P., Wang, J. and Wang, X. (2016). “Cost analysis for sustainable off-site construction based on a multiple-case study in China.” Habitat International, 57, 215–222.
Matic, D., Calzada, J.R., Eric, M. and Babin, M. (2015). “Economically feasible energy refurbishment of prefabricated building in Belgrade, Serbia.” Energy and Buildings, 98, 74–81.
Nielsen, K.J. (2017). “A comparison of inspection practices within the construction industry between the Danish and Swedish work environment authorities.” Construction Management and Economics, 35(3), 154–169.
Ofori, G. (2010). “Indicators for measuring construction industry development in developing countries.” Building Research & Information, 29(1), 40–50.
Pan, W., Gibb, A. and Dainty, A. (2012). “Strategies for integrating the use of off-site production technologies in house building.” Journal of Construction Engineering and Management, 138(11), 1331–1340.
Poirier, E.A., Staub-French, S. and Forgues, D. (2015). “Measuring the impact of BIM on labor productivity in a small specialty contracting enterprise through action-research.” Automation in Construction, 58, 74–84.
Polat, G. (2008). “Factors affecting the use of precast concrete systems in the United States.” Journal of Construction Engineering and Management, 134(3), 169–178.
Information & Authors
Information
Published In
ICCREM 2018: Sustainable Construction and Prefabrication
Pages: 128 - 145
Editors: Yaowu Wang, Professor, Harbin Institute of Technology, Yimin Zhu, Professor, Louisiana State University, Geoffrey Q. P. Shen, Professor, Hong Kong Polytechnic University, and Mohamed Al-Hussein, Professor, University of Alberta
ISBN (Online): 978-0-7844-8173-8
Copyright
© 2018 American Society of Civil Engineers.
History
Published online: Aug 8, 2018
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.