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Assaf, S A (1987) Feasibility assessment of large-scale housing development in Saudi Arabia: a case study. Construction Management and Economics, 5(02), 157-68.

Brownlie, S M and Harris, F C (1987) A review of finance for large-scale construction. Construction Management and Economics, 5(02), 115-21.

Lansley, P R (1987) Corporate strategy and survival in the UK construction industry. Construction Management and Economics, 5(02), 141-55.

Lowe, J G (1987) The measurement of productivity in the construction industry. Construction Management and Economics, 5(02), 101-13.

  • Type: Journal Article
  • Keywords: efficiency; productivity; resource allocation
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446198700000010
  • Abstract:

    Productivity in the use of resource inputs is of critical importance to the construction industry. This paper is intended to discuss the relative merits commonly used measures of productivity for the purpose of assessing the productive and allocative efficiency of construction in the 1980’s. The paper concludes that the total factor productivity method is the ideal against which the other approaches should be judged. Both average labour productivity method is the ideal against which the other approaches should be judged labour productivity and average capital productivity suffer from serious problems in assessing the efficiency of contracting operations. However, under certain circumstances, either can provide an adequate alternative measure. Of the two main single-factor measures of productivity, capital productivity appears to be superior in most aspects to average labour productivity as a means of assessing the overall financial management of a construction firm. Notwithstanding the problems associated in contracting activities and also the difficulties inherent in obtaining suitable data, capital productivity is recommended for most circumstances when total factor productivity measures cannot by applied.

Roberts, J (1987) The business round-table construction industry cost effectiveness task force. Construction Management and Economics, 5(02), 95-100.

Scott, D (1987) Multi-objective economic evaluation of minor roading projects. Construction Management and Economics, 5(02), 169-81.

Walker, A and Hughes, W (1987) A project managed by a multi-disciplinary practice: a systems-based case study. Construction Management and Economics, 5(02), 123-40.