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Article
Publication date: 24 March 2021

Ali Raza Khoso, Aminah Md Yusof, Changsaar Chai and Muhammad Aslam Laghari

The emergence of massive modern technology construction projects is seen to be a real occurrence in Pakistan’s construction industry, which in turn demands a better and systematic…

Abstract

Purpose

The emergence of massive modern technology construction projects is seen to be a real occurrence in Pakistan’s construction industry, which in turn demands a better and systematic way of undertaking the project. Hence, this requires capable contractors to perform the task. A plethora of research studies are carried in the past three decades on the identification of evaluation criteria of contractor’s selection, but the road of modern technology construction projects is still unpaved.

Design/methodology/approach

This study strives for the most essential but exhaustive criteria, especially for modern technology construction projects in Pakistan. A pilot survey followed by an exhaustive questionnaire survey was carried out alongside with one-on-one interactions with professional experts serving in various public organizations under public procurement department. A total of 87 attributes were analyzed, correlated, rotated and weighted using exploratory factor analysis for identification of evaluation criteria.

Findings

The study finds that for modern technology construction projects basic format of contractor’s selection attributes is not extensive. Henceforth, the most robust, comprehensive and precise assessment is required for such modern technology construction projects. Consequently, four inimitable sets of evaluation criteria groups are designed keeping in view the growing demands of public projects around the globe.

Research limitations/implications

The research work added a novel contribution in this research area which is in quest of resolutions from the past three decades. This research opens the novel avenues in the future in terms of designing the evaluation criteria while keeping the project demands and scope in mind.

Social implications

The research is a blueprint for the construction organizations and other authorities especially to those agencies involved in the modern construction technology projects. This eye-opening work will further stimulate the clients to focus on not only the designing phase but also the execution part of such advanced construction projects which turn in the successful project outcome.

Originality/value

The larger number of past studies addressed so for from the last couple of decades is very useful to a certain extend for instance for small to medium-sized traditional construction projects. This research delineates the future to call upon the most alarming future issues and consequences of selecting the traditional contractors for their advanced projects. Being premier research in this realm, the study filled the gap of evaluating the contractors inimitably compared to what was practiced in the past.

Details

Journal of Public Procurement, vol. 21 no. 1
Type: Research Article
ISSN: 1535-0118

Keywords

Abstract

Details

Innovation Africa
Type: Book
ISBN: 978-1-78560-310-5

Book part
Publication date: 16 January 2024

Ayodeji E. Oke and Seyi S. Stephen

The world is becoming digitised, and the construction industry is not left behind in the move. Buildings are getting advanced to the level of operating them electronically with…

Abstract

The world is becoming digitised, and the construction industry is not left behind in the move. Buildings are getting advanced to the level of operating them electronically with little or no human interference. The implementation of technological practices into operations has produced many new products and provided ways of improving the efficiency of the products. A practical example is the application of robots being involved in the construction process. And these robotics are controlled by the use of mechatronics engineering through their artificial intelligence incorporated into their systems. This chapter examined the activities and involvement of mechatronics in construction, the different benefits to be derived from mechatronics applications and the uphill challenges it poses in construction projects.

Details

A Digital Path to Sustainable Infrastructure Management
Type: Book
ISBN: 978-1-83797-703-1

Keywords

Case study
Publication date: 1 January 2011

Kasina V. Rao

Agriculture knowledge, market intelligence, emerging business model.

Abstract

Subject area

Agriculture knowledge, market intelligence, emerging business model.

Study level/applicability

It is best suited to teach undergraduates and graduates in the areas of rural marketing, agri-business management, service management and information and communication technology for development.

Case overview

India is changing with great pace by inclusive growth on espousal of technology into the mainstream. Indian farmers are wholly depending even now on traditional methods for decision making on entire agriculture supply chain. The constant decision making provides middle men with a chance to exploit and empower themselves on the returns produced by farmers. Technology is creating waves providing an opportunity for farmers to benefit by adopting information and technology to solve their basic livelihood problems. The Thomson Reuter group launched a SMS-based mobile information service to support India's 250-million-strong agricultural community. The service, named Reuters Market Light (RML), is trying to provide a missing link by providing required information in the quickest possible time to farmers; user need-based services are critical to this. How far RML services are delivering in this context is quizzed by some analysts. Thomson Reuter's service started with the global climb down in commodity prices, coupled with increased risk of natural disasters as per experts. The competitors providing similar services at price which differ with RML wondered about the success, scalability and sustainability of its venture.

Expected learning outcomes

This is a practical view of how these interventions can be better looked at and can get into policy for a framework for rural areas' socio-economic development.

Supplementary materials

Teaching notes.

Details

Emerald Emerging Markets Case Studies, vol. 1 no. 1
Type: Case Study
ISSN: 2045-0621

Keywords

Open Access
Article
Publication date: 19 December 2023

Mueen Ghazi Elmobayed, Hamood Mohammed Al-Hattami, Mohammed A. Al-Hakimi, Walaa Salama Mraish and Ahmad Samed Al-Adwan

This research aims to determine the effect of marketing literacy on the success of entrepreneurial projects (EPS) in Palestine.

600

Abstract

Purpose

This research aims to determine the effect of marketing literacy on the success of entrepreneurial projects (EPS) in Palestine.

Design/methodology/approach

To attain the study’s purpose, the researchers employed the questionnaire, which was applied to a random sample of 298 individuals from the owners of entrepreneurial projects in Palestine. The data were analyzed and tested using SmartPls 4 software.

Findings

The study reached a set of results, including that the level of marketing literacy among owners of small businesses in the Gaza Strip was significantly higher for customer service (CS), management style (MS), technology (T) and customer retention (CR). In particular, the results implied that CS, MS, T and CR significantly and positively affect EPS.

Practical implications

This research would help the start-ups in Palestine spread marketing literacy among the workers in entrepreneurial projects.

Originality/value

Today, most countries tend to support entrepreneurs and owners of creative ideas and entrepreneurial projects through various programs. To the best of the authors'' knowledge, this research is distinguished by its modernity and scarcity in the Arab world, particularly in Palestine. Thus, it would help raise awareness of marketing literacy among owners of entrepreneurial projects and provide empirical evidence of success for those who are about to establish an entrepreneurial project.

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Case study
Publication date: 17 October 2012

Narender Lal Ahuja and Sweta Agarwal

Financial management, corporate finance, strategic management, managerial accounting and project management.

Abstract

Subject area

Financial management, corporate finance, strategic management, managerial accounting and project management.

Study level/applicability

The case is suitable for courses such as MBA, Bachelor level business courses (in finance, business strategy) and training programs for working executives.

Case overview

The case study deals with financial and strategic appraisal of a unique coal-to-liquid project. India imported about two thirds of its crude oil requirements resulting in huge outflow of precious foreign exchange. As a result, it became necessary for the country to look for alternative sources of energy. The coal-to-liquid (CTL) technology of coal gasification offers a credible alternative source of fuels as proved by Sasol of South Africa. The Government of India short-listed Global Synfuels Company (name changed) as one of the selected few companies to build a CTL project. While the project is strategically important to the company and highly desirable for the country, there are serious doubts about the commercial viability of the project because of which the company is in dilemma whether to go ahead with the project. The case study presents this decision dilemma in a very interesting way and will be useful for teaching courses in corporate finance and strategic management.

Expected learning outcomes

The case can be used to engage participants to make a SWOT analysis for a new business opportunity, discuss environmental and financial issues facing a company, use DCF techniques to evaluate the project viability, carry out scenario analysis of the project to the changes in variables as well as challenge the participants to generate strategies for the success of a new project. Participants would also develop a better understanding of: environmental issues involved in CTL projects and new technologies to deal with such issues; and the employment impact of large projects such as the CTL.

Supplementary materials

Teaching notes are available; please consult your librarian for access.

Article
Publication date: 2 November 2022

Chandan Sharma

This research has two primary goals: first, to develop a composite index that evaluates the degree to which Asian–Pacific economies are prepared to engage in public–private…

Abstract

Purpose

This research has two primary goals: first, to develop a composite index that evaluates the degree to which Asian–Pacific economies are prepared to engage in public–private partnerships (PPPs), and second, to investigate the factors that have been most influential in the formation of PPP arrangements in the nations' infrastructure over the course of the period 1995–2016.

Design/methodology/approach

The study constructs sectoral and overall index of possible determinants of PPP. Subsequently, it examines each constructed index's role in PPP investment. The author also conducted a panel data analysis to understand the role of each of the potential determinants on PPP projects and investments. This paper analyzes the author’s empirical models using a range of cross-section and panel estimators, including Poisson, zero-inflated Poisson and fixed effect.

Findings

The study’s results based on cross-section analysis suggest that regulatory and institution quality, institutional arrangement and regulatory frameworks, financial market development and macroeconomic stability positively impact investment in PPP. Moreover, the results depict that financial market development has the most substantial impact on PPP investment, followed by macroeconomic stability and prior experience with PPPs. The panel data analysis shows that per-capita income, financial development, inflation, debt, resource import and fuel export are crucial determinants of PPP in Asian–Pacific economies.

Practical implications

Governments of the countries should promptly amend the important policies outlined in this study and adopt a more robust strategy to foster a competitive PPP environment. This will aid in maintaining transparency and gaining the confidence of investors. The study’s findings may assist policymakers in focusing on specific areas in need of improvement. Social welfare and industrialization are ultimately enhanced by the formulation of such policies and by attracting additional infrastructure investment.

Originality/value

This is the first attempt to rank countries on the basis of PPP enablers. Unlike previous studies, this study examines the role of a large number of indicators in determining PPP investment and projects in cross-section as well as panel data framework. The study also investigates the effects of PPP specific provisions and rules. Furthermore, the focus is specifically on Asian–Pacific countries, which are a mix of third-world, emerging, developing and developed countries. Focusing on Asia–Pacific is also crucial because the region is home to most of the world's population, and the region's infrastructure outcomes significantly impact their lives.

Details

Property Management, vol. 41 no. 3
Type: Research Article
ISSN: 0263-7472

Keywords

Article
Publication date: 1 April 2003

Anghel N. Rugina

Discusses, after an introduction, Hayek’s life from his early Viennese upbringing and his education at Vienna University, plus his further work at New York University and the…

Abstract

Discusses, after an introduction, Hayek’s life from his early Viennese upbringing and his education at Vienna University, plus his further work at New York University and the London School of Economics, the University of Chicago and several notable others. Covers his lecture in 1974 about the pretence of knowledge and his ideals. Declares that the lecture contains good advice in all sciences.

Details

International Journal of Social Economics, vol. 30 no. 4
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 10 May 2018

Chukwuka Christian Ohueri, Wallace Imoudu Enegbuma and Russell Kenley

Green building construction was adopted as a strategy to reduce energy consumption and the overall impact of the built environment on our natural environment. However, in…

1844

Abstract

Purpose

Green building construction was adopted as a strategy to reduce energy consumption and the overall impact of the built environment on our natural environment. However, in Malaysia, previous studies have reaffirmed that green office buildings consume a substantial amount of energy, compared to their counterparts in Singapore. Moreover, there is still a significant performance gap between predicted energy measurements and actual operational energy consumption of green office buildings in Malaysia, due to occupants’ behavioural discrepancies. Therefore, the purpose of this paper is to develop energy efficiency practices for occupants of green office buildings in Malaysia. The developed practices integrate technology, organisation policy, and occupants’ behavioural strategies, in order to reduce the energy consumption of green office buildings in Malaysia.

Design/methodology/approach

To achieve the research goal, a mixed (quantitative and qualitative) research method was used to collect data from the research population. In total, 53 respondents working in a green office building complex in Kuala Lumpur Malaysia were surveyed using a questionnaire. Additionally, three top management staff of the green office building and two Malaysian construction professionals were interviewed. The study adopted convenience sampling technique in selecting the research respondents. The data from the questionnaire were analysed using SPSS software (version 22) while the interview data were analysed via thematic content analysis.

Findings

The findings suggest that the integration of technological strategy (use of BIM tools, sustainable building materials, etc.); organisational strategy (develop, implement and evaluate action plans, use of monitor/control systems, etc.); and occupants behavioural strategy (training, incentives, occupants energy efficiency guide, etc.) will critically reduce energy consumption of green office buildings in Malaysia.

Originality/value

Based on the findings, energy efficiency practices are developed to guide occupants in reducing the energy consumption of green office buildings in Malaysia. This strategy will contribute to reducing the performance gap that exists between predicted energy and actual energy use of green office buildings in Malaysia. However, the developed energy efficiency practices need to be validated to ascertain its workability in the green office building context.

Details

Built Environment Project and Asset Management, vol. 8 no. 2
Type: Research Article
ISSN: 2044-124X

Keywords

Article
Publication date: 1 October 1958

John Hurst

Perhaps it is true to say that the correct time to repaint is before it becomes necessary! Unfortunately, the economics of modern industry are such that even in efficient…

10

Abstract

Perhaps it is true to say that the correct time to repaint is before it becomes necessary! Unfortunately, the economics of modern industry are such that even in efficient industrial organisations, maintenance is not always rated highly in the priorities of budget expenditure. The ideal at which to aim is the gradual build‐up of paint thicknesses, achieved only by repainting at fairly regular intervals, while the original paintwork is still in good condition. If repainting is carried out at this time, preparation can, in the main, be limited to cleaning and perhaps rubbing down of painted surfaces with little necessity for large‐scale preparation of the steelwork itself.

Details

Anti-Corrosion Methods and Materials, vol. 5 no. 10
Type: Research Article
ISSN: 0003-5599

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