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Search results for: construction investment management
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Analysis of investment stages along with a construction project management project for an investment task regarding the reconstruction and expansion of the locomotor system rehabilitation center Krzeszowice SPZOZ in Poland
PublicationAutorzy: Gwóźdź-Lasoń Monika, Tkocz Sebastian.
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Influence of passive house technology on time and cost of construction investment
PublicationDue to the changes in the energy standards for housing in Poland there are many concerns. Is the standard required by the regulation achievable and if it is, then at what cost? There are many solutions to construct a building in line with the requirements of passive house technology. They are differentiated by price and time required for implementation. This study is based on the solution proposed by one of Polish companies, offering...
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Building Information Modelling as an opportunity and risk for stakeholders involved in construction investment process
PublicationThe requirements to apply Building Information Modelling (BIM) in public investments worldwide are currently very high. Significant interest (sometimes formulated also as a requirement) in BIM technology can be observed also among private investors. Design technology that applies BIM is supported by many private investors due to its numerous advantages. A growing group of construction designers (steel, concrete and reinforced concrete...
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Prognostic and diagnostic capabilities of OOBN in assessing investment risk of complex construction projects
PublicationModelling decision problems using Bayesian networks is extremely valuable especially in case of issues related to uncertainty; it is also very helpful in constructing and understanding visual representation of the elements and their relations. This approach facilitates subsequent application of Bayesian networks, however there can be situations where using simple Bayesian networks is impractical or even ineffective. The aim of...
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Interdisciplinary risk analysis of construction investment and property value in the areas with mining impact
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Digitalization of Building Site Management in the Construction Industry
PublicationWith Industry 4.0, a digital transformation has started in the construction industry. However, 4.0 technologies have difficulties in the integration of digital systems due to the diversity and complexity of the processes in the construction industry. Multidisciplinary work in architectural projects and the need for high productivity require digital renovation planning in the construction industry. The application of the technologies...
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Optimization of inventory costs management in the construction enterprise
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Introducing Bentonite into the Environment in the Construction Stage of Linear Underground Investment Using the HDD Method
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Application of Game Theory to Conflict Management in a Construction Contract
PublicationInterest has recently grown in the application of game theory (GT) to solve a number of diverse problems in the field of construction. The use of GT by a general contractor (GC) of construction works to indicate the best strategy leading to winning court proceedings in a situation of conflict with investor (IN), has not been investigated until now. Thus the aim of this paper is to indicate the optimal strategy from the GC viewpoint...
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THE INVESTMENT ENVIRONMENT MANAGEMENT SYSTEM IN THE FRAMEWORK OF LEGAL SUPPORT AS A FACTOR OF NATIONAL SAFETY
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Management in landscape in the context of development investment areas on the example of factory VW in Białężyce
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A NEW WORK SAFETY MANAGEMENT SYSTEM IN CONSTRUCTION SITES
PublicationThe hazards on the list are assessed on two levels, namely as minor and serious, and the risk relating to work at the site at three levels: small, average and high, within the range from 1 to 10, where 1 is the lowest value meaning a small risk, and 10 the value meaning a high risk.
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A Model for Risk Assessment and Management of Construction Projects in Urban Conditions
PublicationThe authors are seeking new methods for improving the efficiency of the investments associated with the maintenance and operation of existing civil engineering structures. It is demonstrated how the knowledge about the elements of construction and operation phases and their relationships, combined with monitoring data can be used for more effective management of the risks associated with civil engineering projects. The methodology...
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Practical aspects of risk management an example of the selected construction company
PublicationW artykule omawia się niektóre metody zarządzania ryzykiem stosowane przez wybraną firmę budowlaną.
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Optimizing Construction Engineering Management Using Metaheuristic Methods and Bayesian Networks
PublicationThe construction of buildings invariably involves time and costs, and disruptions impact ongoing construction projects. Crisis situations in management strategies, structural confusion, and finan-cial miscalculations often arise due to misguided decision-making. This article proposes a method that combines the learning of Bayesian Networks and heuristic techniques to optimize deci-sion-making processes in construction scheduling....
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Project Management Cycle in the Construction Industry Augmented by Collaborative Innovation Network Software
PublicationProject management is a very broad concept that has in recent times is growing rapidly. Management is especially complex in the construction sector, among the other sectors, due to the high uncertainty of workmanship and complexity of construction projects. Proper project management skills are an important factor in the success of projects, leading to reduced costs and shorten the time of investment. Nevertheless, most of the projects...
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Risk Diagnosis and Management with BBN for Civil Engineering Projects during Construction and Operation
PublicationThe authors demonstrate how expert knowledge about the construction and operation phases combined with monitoring data can be utilized for the diagnosis and management of risks typical to large civil engineering projects. The methodology chosen for estimating the probabilities of risk elements is known as Bayesian Belief Networks (BBN). Using a BBN model one can keep on updating the risk event probabilities as the new evidence...
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Project management for the construction sector in the field of foundation of buildings in complex conditions of the subsoil
PublicationAutorzy: Gwóźdź-Lasoń Monika, Kohutek...
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Evaluation of the Construction and Investment Process of a High-Pressure Gas Pipeline with Use of the Trenchless Method and Open Excavation Method. Analytic Hierarchy Process (AHP)
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Relationships between stakeholder pressure, culture, and CSR-practices in the context of project management in the construction industry in Poland
PublicationThe study aims to investigate how CSR-stakeholder pressure, CSR-company culture, and CSR-practices are related to one another based on the example of the construction industry in Poland. This knowledge will make it possible to assess which of the two factors, i.e., stakeholder culture or the internal company culture have a stronger effect on the CSR-practices. To accomplish the goal of the study a sample composed of 216 cases was...
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Project management for the construction sector in the field of foundation of designed residential building located in this area with the expected impact of mining operation
PublicationAutorzy: Gwóźdź-Lasoń Monika, Berski Łukasz.
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Education Towards The Use Of BIM On The Example Of Polish Universities
PublicationBIM (Building Information Modeling) has been one of the rapidly developing fields of digital techniques supporting the realization of construction projects in recent years. Further development, and especially the use of these techniques, depends to a large extent on the qualifications of young construction engineers who start their professional careers in this field. The article attempts to synthetically list and compare subjects,...
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Pre-feasibility study for treatment wetland application for wastewater treatment in dispersed development
PublicationThe aim of the paper is to present the conducted analyses of pre-feasibility study of different approaches for wastewater management in a settlement of 180 persons. In the assessment both technical and economic aspects were analyzed. The costs were calculated for three different and, at the same time, most popular as well as possible technical solutions like: (i) construction of local wastewater treatment plant with gravitational...
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Polish FDI in Central Asian Countries
PublicationSince gaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan gradually opened their markets to foreign investors. Before Poland’s accession to the European Union, the activities of Polish investors in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan were based on bilateral treaties concluded by Poland with those countries. Later, except Turkmenistan, they were governed by the partnership...
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Risk of Delays in Implementation of Building Investment in Urban Conditions in the Aspect of Historical Background of its Location
PublicationThe implementation of a construction investment in urban conditions is extremely complex, and at the same time exposed to a high risk of a specific character. In case of construction investment located in the historic part of the city, the possible accumulation of many unfavourable factors, which in course of its implementation, may constitute a serious source of delays and disruptions, should be taken into account at the preparation...
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Risk of Cost Overruns in Implementation of Building Investment in Urban Conditions in the Aspect of Historical Background of its Location
PublicationThe article is a continuation of the authors' analyzes on the risk of delays in implementation of building investment in urban conditions in the aspect of historical background of its location. In case of construction investment located in the historic part of the city, the possible accumulation of many unfavourable factors, which in course of its implementation, may constitute a serious source of cost overruns and disruptions,...
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Sources of investment risk in urban regeneration projects
PublicationThe scope of the article includes multidimensional risk analysis of urban regeneration projects, whose base is to identify areas of its occurrence. Authors thoroughly analyze the sources of potential threats and attempts to answer the question, what is their contribution into overall urban regeneration’ investment risk. The target concept will be used to assess the level of investment risk at the stage of initiation, preparation...
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Model of Risk Assessment (MORA) concept for the investment part of urban regeneration projects
PublicationThe main goal of this paper is presentation of the model concept (MORA) that will be used to control level of risk and manage technical risk in investment projects in the area of urban regeneration risk management.
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MULTI-CRITERIA INVESTMENT DECISION SUPPORT MODEL USING FUZZY ANALYTIC HIERARCHY PROCESS (F-AHP) METHOD FOR POWER INDUSTRY
PublicationIn this paper, the comparative analysis of two wind farm construction projects was presented. This particular type of analysis is commonly applied before purchasing investment project being in a planning phase by a company interested in its development. Conduction of this type of analysis is prompted by the necessity to take into consideration the requirements of Polish legislation. Comparison of wind farm construction projects...
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Financial markets diffusion patterns. The case of Mexican investment funds
PublicationExchange traded funds (ETFs) are one of the most influential financial innovations, reshaping the investment funds market in many countries, including Mexico. Due to their similar investment objectives, ETFs are considered substitutes for mutual funds. The aim of the article is to provide an in-depth insight into the issues associated with the development of financial markets in Mexico...
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The investment process in the power supply industry
PublicationThe basis for power supply industry programming in a market economy should be the principle of sustainable development, which must take into account maintaining an adequate level of energy security on the one hand, and the aim to preserve the maximum degree of non-renewable resources on the other hand. Therefore, the overriding aim should be a strive to meet the current and prospective demand for energy and fuel, in conjugation...
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The investment risk forecasting in a local energy market
PublicationThe paper considers the general problems faced when evaluating the risk of investing in a local energy market by computer tools. The proposal formulated for the emerging local energy markets suggests broadening the method of evaluating investment risk so as to include elements of cluster analysis. The paper also discusses the significance of estimating investment risk in market terms and the importance and range of the local energy...
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Swarm-Assisted Investment Planning of a Bioethanol Plant
PublicationBioethanol is a liquid fuel for which a significant increase in the share of energy sources has been observed in the economies of many countries. The most significant factor in popularizing bioethanol is the profitability of investments in construction of facilities producing this energy source, as well as the profitability of its supply chain. With the market filled with a large amount of equipment used in the bioethanol production...
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Superstitions and customs in construction - a contribution to the discussion on the disappearance of this tradition
PublicationConstruction is one of the most important, but also the most extensive areas of the economy. That is why we encounter superstitions and customs related to this discipline of the economy quite often:we blew and repeat them, not even knowing what their origin is and what according to old beliefs resulted in their lack of application. This situation applies in practice to all buildings, including residential buildings implemented...
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Comparative analysis of earthships and conventional buildings in terms of investment and operating costs
PublicationThe aim of the master's thesis is to present the idea of earthships and compare them with conventional buildings in terms of investment and operating costs. Earthships are buildings erected from tires and other wastes whose characteristic feature is their self-sufficiency. The first part of the master's thesis is to discuss the basic issues related to the earthship building. The beginnings of tire homes and their development are...
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Exploring the relationship between investment choices, cognitive abilities risk attitudes and financial literacy
PublicationPurpose The main purpose of this study is to investigate the investment choices' relationship with cognitive abilities, risk aversion, risky investment intentions, subjective financial literacy and objective financial literacy. Design/methodology/approach To examine the relationship, two investment choices were given to 256 subjects from Pakistan. Questionnaire had total 20 questions for measuring five variables. To review this...
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Dynamic Charging of Electric Buses as a Way to Reduce Investment Risks of Urban Transport System Electrification
PublicationNight charging and fast charging are currently the two most common systems for charging electric buses. Despite the fact that numerous trial installations were started, neither of these two systems has obtained unqualified approval of the users. The alternative is to charge vehicles in motion - dynamic charging which combines the advantages of trolleybus transport and of electric buses. One of the advantages is the reduction of...
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Classification of Urban Regeneration Participants as a Basis for Identification of Construction Investment's Risk Sources
PublicationOn the basis of the conducted research it can be concluded that the majority of the existing urban regeneration problems are revealed by the lack of an in-depth analysis of sources and risk factors. For the above reasons, the subject of this study is classification of urban regeneration's participants as a basis for identification of construction investment's risk sources. The research methodology is based on an in-depth analysis...
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The impact of equity pledge on inefficient investment: a perspective from family entrepreneurship
PublicationAs an efficient and convenient financing method, equity pledges may have a heterogeneous impact on the inefficient investment of family firms. In order to verify this point, this paper takes A-share listed family enterprises from 2010 to 2021 as a research sample. It conducts an empirical test on the impact of equity pledges on inefficient investment in family firms by constructing a panel regression model. The results show...
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Diversification of investment efficiency in selected economies
PublicationAn assessment of the effectiveness of investments is a key element of investment processes. In order to be comprehensive and exhaustive, it should go beyond the scope of the microeconomic assessment and take into account the macroeconomic calculation of effectiveness. The prerequisite for the effectiveness of investment decisions implemented by private companies is the maximization of the return on the investments. When attempting...
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Technical and Economic Analysis of an Intermediate Size Photovoltaic Power Plant. Case Study
PublicationThe article presents an analysis of the construction of a photovoltaic power plant with an installed capacity of about 30 kW. The principles of selecting the basic elements of the plant are shown. The impact of a high constant price on the profitability of the project is highlighted. The article also describes the existing mechanisms for subsidizing the investment.
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PROJEKT STANDARDÓW DOSTĘPNOŚCI DLA OSÓB ZE SZCZEGÓLNYMI POTRZEBAMI DO TRANSPORTOWYCH WĘZŁÓW PRZESIADKOWYCH
PublicationW artykule opisano projekt standardów dostępności zintegrowanych węzłów przesiadkowych, które zawierają spójne dla wszystkich elementów ZWP z uwzględnieniem potrzeb i wymagań osób ze szczególnymi potrzebami zasady projektowania, budowy i utrzymania oraz minimalne parametry kluczowych dla samodzielnej realizacji podróży przez osoby ze szczególnymi potrzebami rozwiązań i udogodnień. Przedstawione standardy zawierają zasady i wymagania...
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Structure of the US investment company industry over the period 2000 to 2017: substitution analysis
PublicationOver the last years the investment company industry has undergone deep transformation in the majority of the most advanced economies, including the United States. Traditional investment companies, such as mutual funds, have lost their market share to innovative exchange-traded funds (ETFs). The main distinctive features of ETFs are listing and trading in their units on the stock exchanges as well as lower costs for investors. The...
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Markowitz’s portfolio theory – optimal length of estimation window for gold and the biggests companies on the Warsaw Stock Exchange
PublicationThe following article is dedicated to the construction of an investment portfolio consisting of 3 investments from the Polish capital market found in the WIG20 index and from investment in gold. The purpose of the study was to determine the optimal length of the estimation window for building a portfolio with minimal risk and maximum efficiency. The length of the estimation window was also assessed in terms of the rate of return...
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More freedom – more investments. The relationship between the extent of fiscal autonomy with respect to own revenues and investment expenditures of Polish communes and cities with county rights
PublicationThe purpose of this study was to investigate the relationship between own revenues characterized by different levels of fiscal autonomy and investment expenditures of selected local government entities in Poland. Accordingly, the following research hypothesis was formulated: there is a relationship between the type of own revenue identified with respect to fiscal autonomy and the size of investment expenditures. Revenues characterized...
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Spatial Heterogeneity Impacts of Bilateral Foreign Direct Investment on Green Energy Efficiency in China
PublicationAt present, green energy transformation and climate policy are increasingly connected. The need to improve national competitiveness and implement climate and energy strategies means that an energy-consuming country like China must rapidly enhance its green energy efficiency (GEE) and energy consumption structure. The following paper contributes to the existing literature by analyzing the effects of bilateral FDI on GEE from...
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Examples of Taxation on Real Estate Properties as an Long-term Investment Asset. Description of Situation in Selected European Countries
PublicationReal estate properties have become the alternative asset for long-term savings and investments. Such investment however is strictly related to risk inter alia taxation policy. The following article describes and discusses both theoretical and practical aspects of long-term investment taxation imposed on real estate market in selected European countries. The article presents the analyses of the taxes including its functions, mechanisms...
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Powojenny rozdział w historii architektury i zagospodarowania portu gdyńskiego
PublicationThe port of Gdynia, considered one of the largest civil construction projects of the 20th century in Europe, was built at an express pace for only a dozen or so years from the mid-1920s to the end of the 1930s. Unusual solutions from the construction period in the port engineering category, as well as outstanding architectural works The industrial area quickly became architectural symbols of economic growth and the general rebirth...
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Confidence, Financial Literacy and Investment in Risky Assets: Evidence from the Survey of Consumer Finances
PublicationWe employ recent Survey of Consumer Finances (SCF) microdata from the US to analyze the impacts of confidence in one's own financial knowledge, confidence in the economy, and objective financial literacy on investment in risky financial assets (equity and bonds) on both the extensive and intensive margins. Controlling for a rich set of covariates including risk aversion, we find that objective financial literacy is positively...
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The rigid and flexible road pavements in terms of life cycle costs
PublicationThe cost of road pavement construction, its durability and reliability depends on many factors, including: the scope and detail of the technical design, quality of work but also the scope of works related to its maintenance, conservation and operation. Determining the amount of rational expenses, in terms of the life cycle cost of the pavement, requires determination and consideration of the above issues, already at the planning...