The Use of a Faceted Classification System for Managing Cost Information in Construction Projects

Micha³ Juszczyk
Additional contact information
Micha³ Juszczyk: Cracow University of Technology, Faculty of Civil Engineering, Institute of Building and Transport Management

World of Real Estate Journal (Swiat Nieruchomosci), 2014, issue 90, 59-64

Abstract: Effective information flow and exchange are among key factors affecting the success of a construction project in terms of time, cost and quality. Due to the intensive development and application of information technologies in the field of construction management, it is essential to define processed information unambiguously. The paper presents two concepts of classification systems – enumerative systems and faceted systems. The author introduces a short review and comparison of both systems. A concise discussion of benefits that result from the application of polyhierarchical systems in the construction cost analysis and a short calculation example are presented.

Keywords: faceted classification system; construction cost management; construction management (search for similar items in EconPapers)
JEL-codes: D24 L74 M11 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://swiatnieruchomosci.krakow.pl/pl/sklep/numer-90/artyku%C5%82-90-09 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kra:journl:y:2014:i:90:p:59-64

DOI: 10.14659/worej.2014.90.09

Access Statistics for this article

More articles in World of Real Estate Journal (Swiat Nieruchomosci) from Fundacja Uniwersytetu Ekonomicznego w Krakowie Contact information at EDIRC.
Bibliographic data for series maintained by Karolina Orzeł ().