Technical gazette, Vol. 14 No. 3,4, 2007.
Original scientific paper
Construction project management by the application of regression analysis to integrate data on costs, time and quality
Tamara Marić
Abstract
The paper presents management techniques by integrating three basic factors of every construction project – costs, time and quality. To create the model a history data base has been formed consisting of 24 examples of objects for high water protection – embankments. In this research multiple regression analysis will be used to analyse the way in which the violation of contracted terms regarding time and quality significant activities affects the over-running of contracted terms regarding cost significant activities. The dependent variable is represented by the percentage of violation of contracted amounts of embankment project cost significant activities, while the percentage of violation of contracted terms regarding time significant activities and the percentage of violation of agreed values regarding quality significant activities in embankment construction projects are defined as independent variables. The obtained results of the analysis show that it is possible to improve management tool as well as decision-making process by the proposed model.
Keywords
model; construction projects management; regression analysis
Hrčak ID:
18908
URI
Publication date:
31.12.2007.
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