• Title/Summary/Keyword: highway construction project

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Success Factors of Highway Construction Projects in Egypt: AHP Approach

  • El-Maaty, Ahmed Ebrahim Abu;El-Hamrawy, Saad;Akal, Ahmed Yousry
    • Journal of Construction Engineering and Project Management
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    • v.6 no.4
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    • pp.7-14
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    • 2016
  • While the idea of the existence of a set of key factors for success in planning, designing and construction of projects is not new, it remains one of the most important issues in the field of construction management. This is due to project success factors are inputs to project management practice which can lead directly or indirectly to project success. This study identifies the success factors which can be used for improving the highway projects performance in Egypt during the project pre-construction and construction phases. Through a detailed literature review 35 success factors are identified. Furthermore, the AHP is adopted to prioritize the studied factors through the application of questionnaire survey. The study establishes that implementing an effective quality control and assurance systems, allow sufficient time for feasibility studies, design, drawing and tender preparation, effective cost control system and frequency of project budget updates, preparing adequate designs and drawings and determining sufficient time to implement the desired scope of work are the most important success factors for enhancing the highway projects performance in Egypt.

Economic Evaluation of National Highway Construction Projects using Real Option Pricing Models (실물옵션 가치평가모형을 이용한 국도건설사업의 경제적 가치 평가)

  • Jeong, Seong-Yun;Kim, Ji-Pyo
    • International Journal of Highway Engineering
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    • v.16 no.1
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    • pp.75-89
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    • 2014
  • PURPOSES : This study evaluates the economic value of national highway construction projects using Real Option Pricing Models. METHODS : We identified the option premium for uncertainties associated with flexibilities according to the future's change in national highway construction projects. In order to evaluate value of future's underlying asset, we calculated the volatility of the unit price per year for benefit estimation such as VOTS, VOCS, VICS, VOPCS and VONCS that the "Transportation Facility Investment Evaluation Guidelines" presented. RESULTS : We evaluated the option premium of underlying asset through a case study of the actual national highway construction projects using ROPM. And in order to predict the changes in the option value of the future's underlying asset, we evaluated the changes of option premium for future's uncertainties by the defer of the start of construction work, the contract of project scale, and the abandon of project during pre-land compensation stages that were occurred frequently in the highway construction projects. Finally we analyzed the sensitivity of the underlying asset using volatility, risk free rate and expiration date of option. CONCLUSIONS : We concluded that a highway construction project has economic value even though static NPV had a negative(-) value because of the sum of the existing static NPV and the option premium for the future's uncertainties associated with flexibilities.

EVALUATING THE FEASIBILITY OF THE HIGHWAY ENGINEERING SCHEDULE USING SIMULATION TECHNIQUE

  • Liu Weijun;Yuan Jianbo;Zhang Jianren
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.897-901
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    • 2005
  • In the highway engineering, the performance, quantity and status of machines available for the project have direct impact on the project time. For instance, the status of machines, such as working or in trouble, have great influence on the activity execution. Therefore, while scheduling the project, the project manager always increases the spare machines or prolong the activity time to avoid delaying the project time when some of the machines are in trouble in construction site. However, how many are the spare machines and how long are the prolonged activity time, which are estimated subjectively by the manager. This subjective estimation has been criticized for systematically overestimating or underestimating quantity of the machines and the activity time. In the paper, we propose and prototype a model to simulate the status of the machines in construction site, and then to evaluate the schedule feasibility considering the performance, quantity and statues of the machines involved.

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Factors That Affect Project Time and Cost Performance during Highway Construction Using Incentive/Disincentive Provisions

  • Pyeon, Jae-Ho;Park, Moonseo;Jung, Sangsun;Park, Taeho
    • Land and Housing Review
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    • v.11 no.4
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    • pp.115-124
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    • 2020
  • Incentive/Disincentive (I/D) contract is designed for minimizing any disruption of traffic flow in road construction projects. I/D contracting projects have been evaluated with regard to time and cost performance in various states, more than 35 states. However, construction project managers and planners have little understanding of the project factors that affect the project time and cost performance of highway construction projects using I/D regulations. Therefore, the purpose of this research is to find factors that affect I/D project success or failure to improve the decision-making process for the implementation of I/D projects. In order to achieve the objectives of this research, the researchers collected I/D road construction project data from FDOT and performed evaluation for each collected project. Then, project data analysis to identify key factors that affect I/D project performance was performed. In conclusion, five significant factors for project time performance and six significant factors for project cost perfornace were identified and summarized.

Cost and Schedule Analysis of Highway Projects based on Project Types

  • Shrestha, Bandana;Shrestha, Pramen P.
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.50-56
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    • 2022
  • Change Orders generally impact cost and schedule performance of highway projects. However, highway projects that do not have any change orders also face cost growth and schedule delays. This study seeks to determine the cost and schedule performance of Texas DOT projects by collecting project data for 120 highway projects completed between 2016 to 2020. For the study, we selected project data that has zero or negative change orders which were then grouped and analyzed based on their Project Types i.e., maintenance works; structural works; restoration and rehabilitation works; and safety works. The study found that performance of Maintenance and Safety type projects had less cost and schedule growth among the data analyzed. Statistical tests also found that even though the projects have no change orders, Rehabilitation and Restoration type projects experienced significant schedule growth compared to others. However, the data did not show any significant cost and schedule growth for the projects when statistical tests were performed on overall data. The study concluded that highway projects are experiencing schedule growth even though the projects had no change orders. Results from the study can help planners, engineers, and administrators to gain better insight on how different types of highway projects are performing in terms of cost and schedule and eventually derive appropriate solutions to minimize cost and schedule growth in such projects.

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What's Vision For Asian Highway Construction ('아시아 고속도로'건설 이떻게 되고 있나? 국토개발측면의 $\ulcorner아시아 고속도로\urcorner$건설과 비전)

  • 정무용
    • Journal of the Korean Professional Engineers Association
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    • v.37 no.4
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    • pp.37-42
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    • 2004
  • It seems to possible to construction of Asian Highway that will connect 32 nations of asian total 45 nations. Asian 32 nations will be connected by Asian Highway Project. and Since 1965,this project had been discussed four times to when ESCAP managed this project. This article is study about 'Asian Highway construction and vision' at the view of national and land development.

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INCORPORATION OF TOTAL TIME MANAGEMENT INTO HIGHWAY PROJECT TIME MANAGEMENT SYSTEM

  • Yuan Jianbo;Liu Weijun;Zhang Jianren
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.796-801
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    • 2005
  • Time management is one of the critical tasks in project management. Based on the theories of total quality management, this authors presented a project time management method, total time management (TTM), so as to facilitate highway project time management. This paper discussed the four fundamental characteristics of TTM: total factors management, staff management, project life cycle management, and Plan-Do-Check-Action (PDCA) cycle management. Now, most managers use computer software to manage the project. In order to make the theory of TTM more executable, the authors develop a project time management system suitable for TTM. This paper presents this time management system's analysis processes including system requirement, key functions etc..

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Assessing Contractor Competition in Competitive Bidding for Highway Construction Projects Using Network Analysis

  • Le, Chau;Arya, Minakshi;Moriyani, Muhammad Ali;Le, Tuyen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.18-24
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    • 2022
  • State highway agencies (SHAs) typically apply a competitive procurement procedure to select contractors for their design-bid-build projects. Since the level of competition affects construction bid prices and project outcomes, the Federal Highway Agency (FHWA) suggests SHAs seek ways to improve competition among contractors continuously. However, they rarely conduct an empirical assessment of the current competition level necessary to identify room for improvement. Besides the number of bidders on a project, other factors such as winning or losing rates among the contractors in previous projects can also indicate the degree of competition; only a few contractors may have won the majority of the projects in a specific region. However, few studies have investigated such factors. This paper proposes a network analysis-based approach to evaluating contractor competition levels of highway projects using historical bid tabulation data. The proposed method provides insights into overall competition levels, the determination of competitive contractors, and winning rate distribution among contractors.

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SCHEMATIC APPROACH TO IMPROVE TIME PERFORMANCE OF HIGHWAY CONSTRUCTION CONTRACTS

  • Ralph D. Ellis ;Jae-Ho Pyeon
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.638-642
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    • 2005
  • This paper presents incentive application strategies and delay prevention strategies as schematic approaches to improve time performance of highway construction contracts. This research recognizes the importance of improving time performance during highway construction. Strategic solutions of the most core issues on time performance incentive contracting are identified. The suggested incentive application strategies develop criteria for applying time classification to projects, for assigning project time classifications to contractors and designers, and for determining appropriate incentive values in A (cost) + B (time cost) and other performance incentive contracts. The suggested delay prevention strategies develop criteria for determining the appropriate subsurface utility engineering (SUE) level and to develop best practices for avoiding utility relocation delays. A schematic approach for each strategy is developed. This paper also introduces current incentive contracting practices in Florida. The researchers obtained the information from experienced persons in the highway construction industry, including key highway contractors, designers, and Department of Transportation (DOT) and Federal Highway Administration (FHWA) personnel. The major focus of this research is to develop strategies and suggest approaches to improve time performance of highway construction contracts. For future study, practical tools to facilitate implementation of the suggested strategies should be developed, so that the criteria, implementation processes, and best practices developed may contribute to the current industry-wide effort to improve time performance.

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ORGANIZATIONAL AND COMMUNICATION ISSUES FOR MANAGING DESIGN-BUILD HIGHWAY PROJECTS

  • G. Edward Jr. Gibson;James T. O'Connor;Giovanni C. Migliaccio;Pramen P. Shrestha
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.974-979
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    • 2005
  • Effective communication flow is a fundamental for the success of any construction projects. The key role of communications among project parties is even more critical in the case of Design-Build (DB) projects. Previous research has shown that these projects have an environment where integration between different project team members and schedule constraints increase channels of communication, and require faster communication flows. This paper summarizes the findings from research analyzing organizational structures and communication flow of the Texas State Highway 130 (SH130) project. Awarded in 2002, the SH130 project, totaling $1.3 billion USD, constitutes the "pilot" application for the DB approach in the state of Texas. A set of observations pertaining to team organization and communication issues in the design-build environment is included.

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