Economic Evaluation of Project Site Using Cardinal Numbers Approach

Ejaz Gul

MPRA Paper from University Library of Munich, Germany

Abstract: Selection of suitable site for construction project is essential since it has strong linkage with service life of the project. Recent fast developments in construction technology consider only the technical suitability of the project site but ignore the economic suitability. There can be many instances when a site may be suitable from technical point but not from economic point of view and vice versa. This research is about finding economic suitability of three different project sites located in Liberia. Cardinal approach was used for the study. A multi-prong comprehensive research methodology was adopted to accomplish the task. Detail economic features of each site were studied and thorough economic evaluation was carried out. Finally, based on economic factors, an economic suitability map was created for the area with the latest and state of the art computer software. The research is first of its kind to map the features of economic evaluation.

Keywords: Economic ssuitability; Project Site; Cardinal aapproach; Evaluation; Economic factors; Suitability map (search for similar items in EconPapers)
JEL-codes: O18 O22 O55 (search for similar items in EconPapers)
Date: 2013-07-12
New Economics Papers: this item is included in nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/48283/1/MPRA_paper_48283.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/48349/1/MPRA_paper_48283.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/50091/1/MPRA_paper_48283.pdf revised version (application/pdf)

Related works:
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