Development and Application of a Production Rate Resource for Contract Time Determination

Development and Application of a Production Rate Resource for Contract Time Determination PDF Author: Roberto Leandro Oramas
Publisher:
ISBN:
Category :
Languages : en
Pages : 526

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Book Description
Production rates are significantly important for contract time determination procedures as these are essential for estimating the duration of every activity needed to complete a highway construction project. For this reason, many estimation systems, including Texas Department of Transportation’s Contract Time Determination System (TXCTDS), explicitly depict production rate data of work items considered important in highway construction projects. Though many systems and databases available in the public domain provide an abundance of production rate data, they provide different rates for comparable work items. This research focusses on the development of the Production Rate Resource, a single, easy to use reference of production rate data gathered from publicly available sources intended to be used by TXDOT contract time estimators. The resource was developed by gathering production rate information through conducting a literature review and organizing the found data into a well assembled Excel workbook. This arrangement contains Excel sheet tabs depicting the resource’s introduction, details of the included production rate sources, a summary of the included work items and their respective production rate data, and item worksheet tabs portraying the gathered production rate data for each work item. These item worksheets also contain production rate averages, graphs that allow comparison and analysis of the data through visual aid, and specific scope information provided by the original sources. A recommended process based on the critical path method (CPM) was also developed for conducting a contract time determination using the Production Rate Resource. The gathered production rate data was then tested by conducting two contract time estimations of actual TXDOT highway construction projects using the recommended process. The results were compared with TXDOT’s contract estimations for an in-depth analysis, and the findings led to significant improvements to the resource. The final assembly of the Production Rate Resource provides production rate data for 59 highway construction work items provided by six publicly available sources.

Development and Application of a Production Rate Resource for Contract Time Determination

Development and Application of a Production Rate Resource for Contract Time Determination PDF Author: Roberto Leandro Oramas
Publisher:
ISBN:
Category :
Languages : en
Pages : 526

Get Book Here

Book Description
Production rates are significantly important for contract time determination procedures as these are essential for estimating the duration of every activity needed to complete a highway construction project. For this reason, many estimation systems, including Texas Department of Transportation’s Contract Time Determination System (TXCTDS), explicitly depict production rate data of work items considered important in highway construction projects. Though many systems and databases available in the public domain provide an abundance of production rate data, they provide different rates for comparable work items. This research focusses on the development of the Production Rate Resource, a single, easy to use reference of production rate data gathered from publicly available sources intended to be used by TXDOT contract time estimators. The resource was developed by gathering production rate information through conducting a literature review and organizing the found data into a well assembled Excel workbook. This arrangement contains Excel sheet tabs depicting the resource’s introduction, details of the included production rate sources, a summary of the included work items and their respective production rate data, and item worksheet tabs portraying the gathered production rate data for each work item. These item worksheets also contain production rate averages, graphs that allow comparison and analysis of the data through visual aid, and specific scope information provided by the original sources. A recommended process based on the critical path method (CPM) was also developed for conducting a contract time determination using the Production Rate Resource. The gathered production rate data was then tested by conducting two contract time estimations of actual TXDOT highway construction projects using the recommended process. The results were compared with TXDOT’s contract estimations for an in-depth analysis, and the findings led to significant improvements to the resource. The final assembly of the Production Rate Resource provides production rate data for 59 highway construction work items provided by six publicly available sources.

Development of an Improved System for Contract Time Determination

Development of an Improved System for Contract Time Determination PDF Author: Siddharth K. Atreya
Publisher:
ISBN:
Category :
Languages : en
Pages : 183

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Book Description
Scope and method of study. Contract time, is the maximum time allowed for completion of all work described in contract documents. The determination of contract time affects not only the actual duration of the construction project, but also such aspects of construction such as costs, resource planning, selection of contractors and traffic problems. An accurate estimation of contract time reduces the impact of a delayed project on the local economy and provides justification to contractors during construction claims. This research performed an extensive literature review on various contract time determination procedures and systems developed and used by various state agencies to estimate contract time for their highway projects. This study surveyed 24 DOTs in the United States to determine the prevalent contract time procedures and determined their advantages and disadvantages.

Development of an Improved System for Contract Time Determination (phase I & II)

Development of an Improved System for Contract Time Determination (phase I & II) PDF Author: Hyung Seok Jeong
Publisher:
ISBN:
Category : Road construction contracts
Languages : en
Pages : 139

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Book Description


Development of an Improved System for Contract Time Determination--Phase III

Development of an Improved System for Contract Time Determination--Phase III PDF Author: Hyung Seok Jeong
Publisher:
ISBN:
Category : Road construction contracts
Languages : en
Pages : 123

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Book Description


Chances and Risks in Construction Management and Economics

Chances and Risks in Construction Management and Economics PDF Author: Christian Hofstadler
Publisher: Springer Nature
ISBN: 3030640140
Category : Technology & Engineering
Languages : en
Pages : 696

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Book Description
The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business. This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases.

Time-related Incentive and Disincentive Provisions in Highway Construction Contracts

Time-related Incentive and Disincentive Provisions in Highway Construction Contracts PDF Author: Gary J. Fick
Publisher: Transportation Research Board
ISBN: 0309154782
Category : Business & Economics
Languages : en
Pages : 76

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Book Description
This report will be of interest to state and local highway agency construction managers and contractors with regard to learning about best practices of time-related incentive and disincentive contract provisions and their effect on staffing levels, productivity, project cost, quality, contract administration, and the contractor's operations and innovations. The report also presents a decision process guide to use as a template for crafting the incentive/disincentive provisions.

Army RD & A Bulletin

Army RD & A Bulletin PDF Author:
Publisher:
ISBN:
Category : Military research
Languages : en
Pages : 58

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Book Description


Air Force Journal of Logistics

Air Force Journal of Logistics PDF Author:
Publisher:
ISBN:
Category : Logistics
Languages : en
Pages : 522

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Book Description


Development of Resources and Stabilization of Employment in the United States

Development of Resources and Stabilization of Employment in the United States PDF Author: United States. National Resources Planning Board
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 68

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A Collection of Technical Papers

A Collection of Technical Papers PDF Author:
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 488

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Book Description