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Reducing Execution Costs by Using Different Organizational Models in Housing Construction

Author

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  • Radu TaÅŸcă

    (Lecturer Ph.D., †Petre Andrei†University of Iasi, Romania)

Abstract

The construction processes require ways to align different steps of the project, from the beginning and development of the execution in time and space of two or other processes, between which there is a dependency, which lead to the re-fabrication of construction elements as needed. The development of execution procedures, based on the path method, leads to the analyze of the most parameters of a construction project, the cost, the dominant parameter, which ultimately measures the efficiency of housing constructions. The cost of a construction activity is defined (Hagiu, 2003, p.250) as the general expression of labor, construction materials, and all other equipment needed for the execution of technological and organizational conditions of the construction project to be implemented. The cost must be interpreted as a general resource of a project, therefore an optimization criterion, has the meaning of the financial resource requirement, as it results from the summation of the partial costs of the resources and can be used for the analysis and optimization of the program for carrying out a final construction work.

Suggested Citation

  • Radu TaÅŸcă, 2022. "Reducing Execution Costs by Using Different Organizational Models in Housing Construction," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Scien, Editura Lumen, Department of Economics, vol. 30, pages 280-291, December.
    • Handle: RePEc:lum:rev11d:v:30:y:2022:i::p:280-291
    DOI: https://doi.org/10.18662/upalaw/107
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    More about this item

    Keywords

    cost of constructions; construction methods; construction processes; profit; strategy to changes;
    All these keywords.

    JEL classification:

    • K1 - Law and Economics - - Basic Areas of Law
    • K2 - Law and Economics - - Regulation and Business Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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