Topic
Duration (project management)
About: Duration (project management) is a research topic. Over the lifetime, 4191 publications have been published within this topic receiving 57696 citations.
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TL;DR: In this article, a survey on time performance of different types of construction projects in Saudi Arabia was conducted to determine the causes of delay and their importance according to each of the project participants, i.e., the owner, consultant and the contractor.
Abstract: A survey on time performance of different types of construction projects in Saudi Arabia was conducted to determine the causes of delay and their importance according to each of the project participants, i.e., the owner, consultant and the contractor. The field survey conducted included 23 contractors, 19 consultants, and 15 owners. Seventy-three causes of delay were identified during the research. 76% of the contractors and 56% of the consultants indicated that average of time overrun is between 10% and 30% of the original duration. The most common cause of delay identified by all the three parties is “change order”. Surveys concluded that 70% of projects experienced time overrun and found that 45 out of 76 projects considered were delayed.
1,533 citations
1,220 citations
TL;DR: In this article, the authors developed a framework that incorporates projected profitability of customers in the computation of lifetime duration and identified factors under a manager's control that explain the variation in the profitable lifetime duration.
Abstract: The authors develop a framework that incorporates projected profitability of customers in the computation of lifetime duration. Furthermore, the authors identify factors under a manager’s control that explain the variation in the profitable lifetime duration. They also compare other frameworks with the traditional methods such as the recency, frequency, and monetary value framework and past customer value and illustrate the superiority of the proposed framework. Finally, the authors develop several key implications that can be of value to decision makers in managing customer relationships.
1,161 citations
Posted Content•
TL;DR: In this article, the authors examined the importance of specific relationship investments in determining the duration of coal contracts negotiated between coal suppliers and electric utilities and found that buyers and sellers make longer commitments to the terms of future trade at the contract execution stage, and rely less on repeated bargaining, when relationship-specific investments are more important.
Abstract: This paper examines the importance of specific relationship investments in determining the duration of coal contracts negotiated between coal suppliers and electric utilities. Data for 277 coal contracts are used to perform the analysis. The results provide strong support for the view that buyers and sellers make longer commitments to the terms of future trade at the contract execution stage, and rely less on repeated bargaining, when relationship-specific investments are more important.
1,032 citations
TL;DR: This paper found that a firm trusts its customer enough to offer credit when the customer finds it hard to locate an alternative supplier, suggesting that network effects are used to sanction defaulting customers.
Abstract: Trading relations in Vietnam's emerging private sector are shaped by two market frictions: the difficulty of locating trading partners and the absence of legal enforcement of contracts. Examining relational contracting, we find that a firm trusts its customer enough to offer credit when the customer finds it hard to locate an alternative supplier. A longer duration of trading relationship is associated with larger credit, as is prior information gathering. Customers identified through business networks receive more credit. These network effects are enduring, suggesting that networks are used to sanction defaulting customers.
700 citations