IMPROVEMENT OF DECISION-MAKING IN CONSTRUCTION THROUGH RELIABLE AND TIMELY INFORMATION

Authors

  • Tomash Buchal Author
  • Artem A. Vasilchenko Author
  • Evgeny V. Gusev Author

Abstract

Construction firms usually perform certain part of production with their own force and the rest is obtained
through subcontractors. The operation based methods of project scheduling are currently widespread within
sector, whereas, available finance and resources are usually of the highest priority. Thus, multi-objective analysis
within scheduling process was addressed throughout the research. Accurate information is the key factor for
securing smooth construction execution as the sector is characterized by numerous variations in time. The activities
of progress recording and reporting are often carried out as heterogeneous and segregate processes,
however, their integration offers significant enhancements. Therefore, KPI based alert system together with
standardized information input were suggested.

Author Biographies

  • Tomash Buchal
    PhD student of “Economics and Management in Civil Engineering”
  • Artem A. Vasilchenko

    PhD student of “Economics and management at enterprises of construction and
    land development”

  • Evgeny V. Gusev
    Professor of “Economics and management at enterprises of construction and land development”

Published

2017-04-09

Issue

Section

Investment management and innovation