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Estimating Performance Time for Construction Projects |
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| Authors: | Greg J. Hoffman Alfred E. Thal Jr. Timothy S. Webb Jeffery D. Weir |
| Affiliation: | 1Readiness Flight Commander, 775th Civil Engineer Squadron, 7340 Wardleigh Rd., (Bldg. 30), Hill AFB, UT 84056-4909. E-mail: greg.hoffman1@hill.af.mil 2Assistant Professor, Air Force Institute of Technology, 2950 Hobson Way, Wright-Patterson AFB, OH 45433-7765. E-mail: al.thal@afit.edu 3Assistant Professor, Air Force Institute of Technology, 2950 Hobson Way, Wright-Patterson AFB, OH 45433-7765. E-mail: timothy.webb@afit.edu 4Assistant Professor, Air Force Institute of Technology, 2950 Hobson Way, Wright-Patterson AFB, OH 45433-7765. E-mail: jeffery.weir@afit.edu |
| Abstract: | The prediction of performance time for construction projects is a problem of interest to both researchers and practitioners. This research seeks to gain insight into the significant factors impacting construction duration by developing a regression model. Data were collected for 856 facility projects completed between 1988 and 2004. These data were analyzed using Bromilow’s time-cost (BTC) model (1969) as well as multiple linear regression. The multiple linear regression model was found to provide the most acceptable prediction. As in the BTC model and previous research reported in the literature, a significant correlation was found to exist between cost and duration. However, several other factors were also identified that resulted in significantly lower than average construction durations. These include projects completed within certain management groupings, managed by a certain construction agent, and designed by in-house personnel. |
| Keywords: | Costs Time factors Construction industry Project management Data analysis |