Abstracts – Browse Results
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Faulkner, A C and Day, A K (1986) Images of status and performance in building team occupations. Construction Management and Economics, 4(03), 245-60.
Kenley, R and Wilson, O D (1986) A construction project cash-flow model: an idiographic approach. Construction Management and Economics, 4(03), 213-32.
Powell, C (1986) Some trends in relative costs of building types: description and interpretation. Construction Management and Economics, 4(03), 201-12.
Singh, G, Kiangi, G E, Sabah, A N A and Greenslade, O C (1986) Application of a microcomputer in investment decisions using dynamic programming. Construction Management and Economics, 4(03), 189-99.
Touran, A (1986) Computer packages for construction data acquisition and processing. Construction Management and Economics, 4(03), 233-43.
Tucker, S N (1986) Formulating construction cash-flow curves using a reliability theory analogy. Construction Management and Economics, 4(03), 179-88.
- Type: Journal Article
- Keywords: cost; cost planning; mathematical model; reliability; statistical distribution
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446198600000014
- Abstract:
Prediction of cash-flows during construction of large buildings is usually based on cumulative cash-flow in the form of an S-curve. There have been several attempts to establish formulae for the estimation of such S-curves on an empirical basis. The paper draws on analogy between the probability of failure in reliability theory and the probability of payment during construction to develop a general approach to possible mathematical forms of the cash-flow during construction. An example of a new generalized alternative form of the S-curve known in Australia as the Bromilow S-curve is shown to be an excellent approximation to the empirical form.