Abstracts – Browse Results
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Blismas, N, Gibb, A and Pasquire, C (2005) Assessing project suitability for off-site production. Construction Economics and Building, 5(01), 9-15.
Khalfan, M and Raja, N (2005) Improving construction process through integration and concurrent engineering. Construction Economics and Building, 5(01), 58-66.
Lingard, H (2005) Balancing study and paid work: the experiences of construction undergraduates in an Australian university. Construction Economics and Building, 5(01), 41-47.
Motawa, I (2005) A systematic approach to modelling change processes in construction projects. Construction Economics and Building, 5(01), 23-31.
Nesan, J (2005) Factors influencing tacit knowledge in construction. Construction Economics and Building, 5(01), 48-57.
Ng, T, Luu, C and Skitmore, M (2005) Capitalising experiential knowledge for guiding construction procurement selection. Construction Economics and Building, 5(01), 32-40.
Sawalhi, N and Enshassi, A (2005) Application of project time management tools and techniques to the construction industry in the Gaza Strip. Construction Economics and Building, 5(01), 1-8.
Shash, A (2005) Financial analysis for replacement of construction equipment in Saudi Arabia. Construction Economics and Building, 5(01), 16-22.
- Type: Journal Article
- Keywords: Financial analysis; construction equipment; Saudi Arabia
- ISBN/ISSN: 1445-2634
- URL: https://doi.org/10.5130/AJCEB.v5i1.2939
- Abstract:
This study report results of a survey conducted in the EasternProvince of Saudi Arabia to explore the procedures and financialtechniques that large-size contractors utilise in replacingequipment. The results indicated that contractors set severalreplacement alternatives that they evaluate by using a set ofvarious qualitative and quantitative factors. The contractors’business objectives, employee safety and morale, and, contractors’image in the industry were found to be the most influentialqualitative factors affecting the decision of equipment replacement.Inflation, downtime, obsolescence, salvage value, and depreciationare among the top quantitative factors that contractors considerwhile making a decision to replace equipment. Because of theirsimplicity and practicality, the net present value, payback period,and the economic life are the most popular techniques that areutilised for analysing the financial issues of proposed replacementalternatives.