Time-dependent construction social costs model
Wen-Der Yu and
Shao-Shung Lo
Construction Management and Economics, 2005, vol. 23, issue 3, 327-337
Abstract:
Negative impacts of construction works on local traffic, environment and business have been pointed out by previous researchers. However, little work has been conductd on the quantification of such costs. A time-dependent construction social costs (COSCO) model is developed for quantifying the negative impacts that result from construction operations during the field execution phase. The COSCO model is a simplified but practical model that calculates the construction social costs in a conservative way. A roadwork construction project is used to show the applicability of the COSCO model. It is found that the daily social cost was US$18 188-5.52 times the project construction cost. This is a striking illustration of management techniques for mediating the social costs of construction projects.
Keywords: environmental impacts; project planning; road works; social costs (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:23:y:2005:i:3:p:327-337
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DOI: 10.1080/01446190500040281
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