- Author
- Vanegas, J. A. | Hastak, M. | Pearce, A. R. | Maldonado, F.
- Title
- Framework and Practices for Cost-Effective Engineering in Capital Projects in the A/E/C Industry.
- Coporate
- Georgia Institute of Technology, Atlanta
- Report
- Research Report 112-11, May 1998, 215 p.
- Keywords
- construction | cost effectiveness | industries
- Abstract
- A perception within the construction industry, which is reinforced by limited data, holds that current engineering practices are not cost effective. In contrast, some companies such as NUCOR have reported using innovative or non-traditional practices that result in achieving overall business objectives at much lower engineering and capital costs, and with faster schedules, than are normally experienced in the construction industry. CII Research Team 112 was formed to identify, compile, assess, and provide objective information on the context of application, possible benefits, and possible risks associated with such practices, especially those which have a potential to improve the competitiveness of an owner organization.