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    Wyświetlanie 1-3 z 3
    Tytuł:
    Life Cycle Costing (LCC) in Nigerian construction industry: Barrier and Drivers facing its Implementation
    Autorzy:
    Akinrata, Ebunoluwa Bimbola
    Powiązania:
    https://bibliotekanauki.pl/articles/1193053.pdf
    Data publikacji:
    2016
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    life-cycle costing (LCC)
    Barrier
    Whole Life Cost (WLC)
    Nigerian construction industry
    Implementation
    Benefit
    Opis:
    Life cycle cost in construction projects is a process of economic decision analysis, which helps taking decisions on investments in new construction. These decisions on investments are analyzed for the payback over the life of the investment. Life-cycle costing makes it possible for the whole life performance of buildings and other structures to be optimized. This paper introduces the concept of life-cycle costing in the Nigerian construction industry. It briefly explains monitoring cost performance over the economic life span, controlling the design development within the capital & running cost budgets and others as its benefits to the industry. Drivers and barriers to its implementation in Nigeria were not left out. Based on extensive literature review this paper shown that the life cycle costing techniques has not been implemented and greatly used in Nigeria. Unstable economic situation, government policy, separation of capital and running cost of most project and others are the barrier facing its implementation. This paper also attempts to provide some recommendations that should facilitate the implementation of LCC in the Nigeria.
    Źródło:
    World Scientific News; 2016, 58; 148-161
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Regional Economic Integration concept on South African construction industry: Lessons for other African construction industries
    Autorzy:
    Akinrata, Ebunoluwa Bimbola
    Powiązania:
    https://bibliotekanauki.pl/articles/1192595.pdf
    Data publikacji:
    2016
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    Construction industry (CI)
    Regional economic integration (REI)
    SACU
    SADC
    South African construction industry (SACI)
    Opis:
    Regional economic integration initiatives has been prospect of enhanced economic growth in South African construction industry. The impact of regional economic integration and globalization on construction industries in South Africa is evidenced by the decreasing market share of the local players in the industry. Developing countries need to institute radical reforms in their development agenda in order to leapfrog, and bridge this difference. That is why increase in foreign participation in construction activities in South Africa, cross border strategic alliances, technology transfer are some impact of Regional economic integration on the industry. The aim of this paper is to understand the term ' Regional economic integration ' and to study its impact on South African construction industry and the lessons to be learnt by other African construction industries. Its objectives include investigating the positive impacts on the Construction Industry, discussing the Regional economic integration in southern African i.e. SACU and SADC; identifying the some lessons from it. These will be briefly discussed mainly by exploring the literature and throwing light on the views of people who investigated and wrote in this field. The paper ends with conclusions and recommendations, stressing the need for improvement on other construction industries in Africa participation in Regional economic integration, in related to lessons South African construction industry.
    Źródło:
    World Scientific News; 2016, 55; 77-88
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Value Management – Creating Functional Value For Construction Project: An Exploratory Study
    Autorzy:
    Olawumi, Timothy Oluwatosin
    Akinrata, Ebunoluwa Bimbola
    Arijeloye, Bamidele Temitope
    Powiązania:
    https://bibliotekanauki.pl/articles/1191214.pdf
    Data publikacji:
    2016
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    Value management (VM)
    barriers
    benefits
    drivers
    VM methodology
    Opis:
    Value management is a process whereby the project is evaluated and scrutinised to obtain maximum value for money by following a prescribed methodology. It focuses on the value, rather than cost, in relation to the function of the element of the project. However, value relates to what an element does. The key benefit of VM is the financial benefits to the client; other benefits include a clearer brief, improved communication, use of local materials etc. However, there are barriers to its application such as inadequate training and education, the unwillingness to entertain new ideas, lack of regulatory framework etc. Also, the following drivers of VM approach were identified: establishment of a regulatory framework, client’s awareness, establishment of a group support system on VM etc. This paper considers value management from a functional value perspective and argues for greater recognition for it to form an integral part of projects.
    Źródło:
    World Scientific News; 2016, 54; 40-59
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
      Wyświetlanie 1-3 z 3

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