Risk-Informed Time-Cost Relationship Models for Sanitation Projects
Publication: Journal of Construction Engineering and Management
Volume 140, Issue 5
Abstract
The purpose of this study is to (1) verify whether the time performance of water and sewer projects is statistically different; and (2) develop time-cost relationship (TCR) models for sanitation projects in Chicago, Illinois. The analysis is performed on data from 180 projects completed in Chicago between 1994 and 2002. Because the time performance of a construction project is not entirely explained by the cost, a practical application is also suggested for using the TCR models confidence level intervals to quantify the qualitative risk level associated with the project time performance.
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Acknowledgments
The authors acknowledge ICIST-IST Research Institute for supporting the research, the Calouste Gulbenkian Foundation for the grant supporting the research at Ryerson University, the Fulbright for the grant supporting the research at UCDavis, and the Portuguese National Science Foundation for grants SFRH/BD/35925/2007 and SFRH/BD/39923/2007.
References
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© 2014 American Society of Civil Engineers.
History
Received: Jul 30, 2013
Accepted: Jan 26, 2014
Published online: Feb 18, 2014
Published in print: May 1, 2014
Discussion open until: Jul 18, 2014
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