Showing papers on "Cost overrun published in 1994"

Critical Analysis of Time and Cost of Management and Traditional Contracts

Abstract: This paper presents some findings of a PhD research program conducted by Naoum in 1989, which sought to investigate whether the means of procurement influenced project performance. Ten factors were identified to measure project performance: (1) Preconstruction time; (2) construction time; (3) total time; (4) speed of construction; (5) unit cost of building; (6) time overrun; (7) cost overrun; and client satisfaction with (8) time, (9) cost, and (10) quality. A theoretical framework was used to assist in comparing project performance in a case study sample of 39 management contracts and 30 traditional contracts. From the evidence available in the writer's study, it must be concluded that in neither the management nor the traditional system lies the solution to all the problems facing the construction industry. To achieve project success, the parties need to match the various organizational forms to the client's characteristics, criteria, and priorities with respect to time, cost, and quality. The statistic...

An Evaluation of Department of Defense Contractor's Cost Performance

Abstract: : This study examines the cause of cost overrun recoveries within Department of Defense (DoD) contracts In this time of extremely limited congressional funding, it is crucial the DoD avoid cost overruns Information provided to contracting officers and contractors which would help avoid cost overruns would prove extremely valuable to the DoD This study attempts to address this problem in two ways: determine the cause of overrun recoveries; determine whether a statistical difference in cost and schedule performance exists among DoD contractors Interviews, document reviews, and a two-sample t- test were used to analyze the contracts that recovered from early cost overruns One-Way Analysis of Variance, along with normality tests and equality-of- variance tests were used to analyze the contractors' cost and schedule performance The specific contract reviewed for contract recovery actions revealed no specific management action that led to the recovery Additionally, more than 300 contracts across 49 contractors revealed no significant statistical difference between contractors in the areas of cost and schedule performance Cost overrun, Contractors, Recovery, Contractor performance, Cost variance, Schedule variance, Cost effectiveness

Agriculture, Projects and Development: Papers in Honour of David Edwards

Abstract: David Edwards - an appreciation, J.D. MacArthur. Part 1 Agricultural development: incorporating a participatory perspective into research, extension and development planning - experience form Southern Africa, A. Low agricultural marketing and transport cost in an embryonic market economy - cocoa and copra in Papua New Guinea, I. Livingstone small, beautiful and vulnerable - policy options and processes for agricultural development policy in small South Pacific countries, F. Wilson assumptions of causality and the phasing and aggregation of farm models in project analysis, D.J. Potts monitoring and evaluation of agricultural and rural development projects - a review, N. Maddock. Part 2 Project planning and implementation: the project sequence - a composite view of the project cycle, J.D. MacArthur changing training needs in project planning and financing - the challenge of Eastern Europe and the former Soviet Union, R.L. Kitchen cost overrun and time overrun in project implementation and some measures of remedy, J. Majumdar public utility tariffs in ACP countries - re-examination of the marginal cost pricing rule, J. Weiss from project lending to programme lending - shifting World Bank priorities, H.W. Singer. Part 3 General development issues: management training and development - the trainers' perspective, F. Analoui central-local relations - the search for constructive approaches, K. Davey projects, policies and politics - the evolution of British bilateral aid policy, J. Healey the flexibility of national economies - a negelcted attribute in economic development, A. Killick trade policy reform in developing countries - the lessons of experience, C. Kirkpatrick Keynes, agriculture and development, J. Toye.