Evaluation Factors Influencing Construction Price Index in Fuzzy Uncertainty Environment

• 발행기관: 한국유통과학회
• 저자명: Phong Thanh NGUYEN Vy Dang Bich HUYNH Quyen Le Hoang Thuy To NGUYEN
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 8 No.2, 195~200쪽, 전체 6쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2021.02.28

영문 초록

In recent years, Vietnam’s economic growth rate has been attributed to the growth of many well-managed industries within Southeast Asia. Among them is the civil construction industry. Construction projects typically take a long time to complete and require a huge budget. Many socio-economic variables and factors affect total construction project costs due to market fluctuations. In recent years, crucial socioeconomic development indicators of construction reached a fairly high growth rate. Also, most infrastructure and construction projects have a high degree of complexity and uncertainty. This makes it challenging to predict the accurate project price. These challenges raise the need to recognize significant factors that influence the construction price index of civil buildings in Vietnam, both micro and macro. Therefore, this paper presents critical factors that affect the construction price index using the fuzzy extent analysis process in an uncertain environment. This proposed quantitative model is expected to reflect the uncertainty in the process of evaluating and ranking the influencing factors of the construction price index in Vietnam. The research results would also allow project stakeholders to be more informed of the factors affecting the construction price index in the context of Vietnam’s civil construction industry. They also enable construction contractors to estimate project costs and bid rates better, enhancing their project and risk management performance.

목차

Ⅰ. Introduction

Ⅱ. Literature Review

Ⅲ. Research Methodology

Ⅳ. Results and Discussion

Ⅴ. Conclusions

키워드

Construction Management Price Index Fuzzy Logic Project Management Uncertainty Environment