Financial performance analysis for construction industry
Article Abstract:
Theunusually high failure rate of US construction companies indicates a need for an analysis of financial ratios focused on this particular industry. Current ratio, total liabilities to net worth, total assets to revenues, revenues to net working capital, return on total assets and return on net worth are combined into a quantitative model to rate the financial status of a construction company. The resulting financial performance index may be used forgeneral contractors, operative builders, heavy construction, plumbing, heating and electrical works and other construction-related work.
Publication Name: Journal of Construction Engineering and Management
Subject: Science and technology
ISSN: 0733-9364
Year: 1992
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Critical success factors for construction projects
Article Abstract:
Research on the critical factors for a successful building construction project is presented. The research also proposes a forecasting technique that permits the evaluation of a project's success. A mathematical model called the integrated building process model (IBPM) is used to simulate the different phases in project planning with the information needed in each phase. IBPM recognizes information and facilities that go together in the manage, plan, design, construct and operate functions.
Publication Name: Journal of Construction Engineering and Management
Subject: Science and technology
ISSN: 0733-9364
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
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