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MANAGEMENT OF PROJECT CHARACTERISTICS IN CONSTRUCTION PERIOD

Abstract

Characteristics of a project can change during its construction. It is necessary to decrease a negative influence of such changes. In order to reveal the influence a methodology for cost evaluation of a project having dynamic characteristics is proposed in the paper. The methodology is developed on the basis of a standard scheme used for evaluation market building cost prior to and after making changes. The changes that cause an increase of the market cost are considered as improvements, and  the changes that entail decrease or do not influence on the market cost are considered as deteriorations. Due to this an investor applies more efficiently leverages for management of investment and construction project.

About the Author

P. V. Sachek
Belarusian National Technical University


References

1. Экономический словарь / под ред. А. Н. Азриляна. – 2-е изд. – М. : Институт новой экономики, 2008. – 1152 с.

2. Дамодаран, А. Инвестиционная оценка: инструменты и методы оценки любых активов / А. Дамодаран ; пер. с англ. – М. : Альпина Бизнес Букс, 2005. – 1341 с.


Review

For citations:


Sachek P.V. MANAGEMENT OF PROJECT CHARACTERISTICS IN CONSTRUCTION PERIOD. Science & Technique. 2010;(3):93-102. (In Russ.)

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ISSN 2227-1031 (Print)
ISSN 2414-0392 (Online)