Construction Quality and the Economy

Construction Quality and the Economy
Author: Low Sui Pheng
Publisher: Springer
Total Pages: 268
Release: 2019-01-08
Genre: Technology & Engineering
ISBN: 9811358478

This book discusses the relationship between construction quality and the state of the Singapore national economy, and describes how construction quality is affected as contracting firms strategically manage issues relating to profitability and survivability during economic boom and bust cycles. Adopting a three-pronged approach to explain the key issues, the book first explains the effect of the state of the Singapore national economy (boom or bust) on the construction quality delivered by contracting firms. Secondly, it explains how contracting firms respond to the performance of the national economy through their dynamic bidding strategies, leading to significant quality trade-offs in some instances, especially when there is imprecise market information. Thirdly, it recommends various strategic measures that key stakeholders and government policy-makers can take to circumvent the quality trade-off in the construction industry when faced with dynamic fluctuations in the performance of the national economy. Although the book focuses on Singapore, it appeals to a global audience since countries worldwide (and their respective building-related stakeholders) face the same issues in terms of the time–cost–quality trade-off decision-making process involving the entire supply chain.

New Perspectives on Construction in Developing Countries

New Perspectives on Construction in Developing Countries
Author: George Ofori
Publisher: Routledge
Total Pages: 406
Release: 2012-06-26
Genre: Technology & Engineering
ISBN: 1136940626

Developing countries face the challenge of maintaining economic growth and socio-economic development, at the core of which sits the construction industry. Considerable research on construction in developing countries took place in the 1970's and 1980's, but little since, a gap which this book fills. Including contributions from prominent academics and practitioners in Australia, China, the Netherlands, Portugal, Singapore, South Africa, Switzerland, and the UK, this is a truly international analysis of a subject of global interest. The most insightful and relevant of recent research on topics such as Millennium Development Goals, the informal construction sector, human resource development, technology, finance and social change, are all addressed in the context of the construction industry in the developing world. Also considered are other key aspects of construction industry development such as institution building, nurturing of contractors and consultants and championing of industry development programmes. While the challenge has grown and the needs have become even more pressing, the research to date has rarely presented effective solutions. Focussing on those aspects of the construction industry most crucial to development, this is a much needed up-to-date study that sheds new light on a variety of concepts and issues. This is essential reading for researchers, professionals and students interested in the construction industry in developing countries. Readers of this book will be interested in its companion volume; Contemporary Issues of Construction in Developing Countries.

Marketing Abroad

Marketing Abroad
Author: Ser Khoon Quak
Publisher:
Total Pages: 224
Release: 1991
Genre: Construction industry
ISBN:

The Construction Sector in the Asian Economies

The Construction Sector in the Asian Economies
Author: Y. H. Chiang
Publisher: Taylor & Francis
Total Pages: 520
Release: 2004
Genre: Architecture
ISBN: 9780415286138

This comprehensive and up-to-date collection of data on the Asian construction sector presents a unique guide to construction economics in the following countries: Australia, China Mainland, China Hong Kong, India, Indonesia, Japan, Korea, Malaysia,

Managing Construction Industry Development

Managing Construction Industry Development
Author: George Ofori
Publisher: NUS Press
Total Pages: 358
Release: 1993
Genre: Business & Economics
ISBN: 9789971691813

This study looks at how the construction industry of developing countries can be improved, with special attention to the role and importance of a central agency in administering the industry's continuous development.The book first reviews the nature and problems facing the construction industry in developing countries and the recommendations commonly made, which in turn show the need for action of a different nature. Part 2 then focuses on the Singapore experience over a 25-year period as it attempted to develop its industry without a central agency for construction development, later set up as the CIBD of Singapore, while Part 3 considers the circumstances behind the Board's formation and assesses its work. Lessons from Singapore's experience especially relating to the setting up and work of a central agency, and factors contributing to the success of such an agency, are discussed in the final part.