Construction Quality and the Economy -  Lau Shing Hou,  Low Sui Pheng

Construction Quality and the Economy (eBook)

A Study at the Firm Level
eBook Download: PDF
2019 | 1st ed. 2019
XVI, 268 Seiten
Springer Singapore (Verlag)
978-981-13-5847-0 (ISBN)
Systemvoraussetzungen
96,29 inkl. MwSt
  • Download sofort lieferbar
  • Zahlungsarten anzeigen
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.


Low Sui Pheng is currently a Professor of Building at the School of Design and Environment, National University of Singapore, where he previously served as Head and Vice-Dean. He teaches construction project management and has published, researched and consulted extensively both in Singapore and overseas. A Fellow of the Chartered Institute of Building, he holds a Higher Doctorate D.Sc. (Civil Engineering) degree from the University of Birmingham and a Ph.D. degree from University College London.
 
Lau Shing Hou holds a B.Sc. (Project & Facilities Management) (Highest Distinction) degree from the Department of Building at the National University of Singapore and was a student research assistant at the same department. A Sembcorp Industries Scholar, Dean's Lister (5 times) and Valedictorian at the 2018 NUS Commencement, he has also won the following awards: Lee Kuan Yew Gold Medal, the Singapore Institute of Surveyors and Valuers (SISV) Gold Medal, the Sally Meyer Medal, the Singapore Institute of Building (SIBL) Gold Medal, SIBL Book Prize (twice) as well as the Hyundai Engineering & Construction Technology Grand Award (2017).

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.

Low Sui Pheng is currently a Professor of Building at the School of Design and Environment, National University of Singapore, where he previously served as Head and Vice‐Dean. He teaches construction project management and has published, researched and consulted extensively both in Singapore and overseas. A Fellow of the Chartered Institute of Building, he holds a Higher Doctorate D.Sc. (Civil Engineering) degree from the University of Birmingham and a Ph.D. degree from University College London. Lau Shing Hou holds a B.Sc. (Project & Facilities Management) (Highest Distinction) degree from the Department of Building at the National University of Singapore and was a student research assistant at the same department. A Sembcorp Industries Scholar, Dean’s Lister (5 times) and Valedictorian at the 2018 NUS Commencement, he has also won the following awards: Lee Kuan Yew Gold Medal, the Singapore Institute of Surveyors and Valuers (SISV) Gold Medal, the Sally Meyer Medal, the Singapore Institute of Building (SIBL) Gold Medal, SIBL Book Prize (twice) as well as the Hyundai Engineering & Construction Technology Grand Award (2017).

Introduction.- The Economy and the Construction Industry.- Government's Role in a High Quality Built Environment.- Firm Characteristics and Strategies.- Firm's Trade-Off Decisions and Theory of Firm Behavior.- The Conceptual Framework.- Research Design and Methodology.- Survey Results Analysis and Discussion.- Case Study Results Analysis and Discussion.- Experts Interviews on Triangulated and Non-Triangulated Findings.- Conclusions.  

Erscheint lt. Verlag 8.1.2019
Reihe/Serie Management in the Built Environment
Management in the Built Environment
Zusatzinfo XVI, 268 p. 59 illus., 35 illus. in color.
Verlagsort Singapore
Sprache englisch
Themenwelt Technik Bauwesen
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Weitere Fachgebiete Handwerk
Schlagworte Auction Theory • Construction Project Management • Construction Quality • Decision Theory • economic recessions construction quality • Engineering Economics • Firm Theory • High Quality Built Environment • Institutional Theory • Profit Maximization Theory • Singapore Construction Industry • Time-Cost-Quality Trade-Off
ISBN-10 981-13-5847-8 / 9811358478
ISBN-13 978-981-13-5847-0 / 9789811358470
Haben Sie eine Frage zum Produkt?
PDFPDF (Wasserzeichen)
Größe: 6,1 MB

DRM: Digitales Wasserzeichen
Dieses eBook enthält ein digitales Wasser­zeichen und ist damit für Sie persona­lisiert. Bei einer missbräuch­lichen Weiter­gabe des eBooks an Dritte ist eine Rück­ver­folgung an die Quelle möglich.

Dateiformat: PDF (Portable Document Format)
Mit einem festen Seiten­layout eignet sich die PDF besonders für Fach­bücher mit Spalten, Tabellen und Abbild­ungen. Eine PDF kann auf fast allen Geräten ange­zeigt werden, ist aber für kleine Displays (Smart­phone, eReader) nur einge­schränkt geeignet.

Systemvoraussetzungen:
PC/Mac: Mit einem PC oder Mac können Sie dieses eBook lesen. Sie benötigen dafür einen PDF-Viewer - z.B. den Adobe Reader oder Adobe Digital Editions.
eReader: Dieses eBook kann mit (fast) allen eBook-Readern gelesen werden. Mit dem amazon-Kindle ist es aber nicht kompatibel.
Smartphone/Tablet: Egal ob Apple oder Android, dieses eBook können Sie lesen. Sie benötigen dafür einen PDF-Viewer - z.B. die kostenlose Adobe Digital Editions-App.

Buying eBooks from abroad
For tax law reasons we can sell eBooks just within Germany and Switzerland. Regrettably we cannot fulfill eBook-orders from other countries.

Mehr entdecken
aus dem Bereich
Planung und Durchführung von Audits nach ISO 9001:2015

von Gerhard Gietl; Werner Lobinger

eBook Download (2022)
Carl Hanser Verlag GmbH & Co. KG
69,99
Praxishandbuch betriebswirtschaftlicher Grundlagen für …

von Andreas Frodl

eBook Download (2024)
Springer Fachmedien Wiesbaden (Verlag)
49,99