Economic Evaluation of Project Site Using Cardinal Numbers Approach
AbstractSelection 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.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 48283.
Date of creation: 12 Jul 2013
Date of revision:
Economic ssuitability; Project Site; Cardinal aapproach; Evaluation; Economic factors; Suitability map;
Other versions of this item:
- Gul, Ejaz, 2013. "URMI and its Integration into a framework for Ethics in Economics," MPRA Paper 48344, University Library of Munich, Germany.
- Gul, Ejaz, 2013. "Economic Risk Exposure of Selected Projects and Risk Attitude of Investors; Evidence from Liberia," MPRA Paper 48221, University Library of Munich, Germany.
- Gul, Rjaz, 2013. "Socio-Economic Context of Saving Biodiversity," MPRA Paper 48401, University Library of Munich, Germany.
- Gul, Ejaz, 2013. "Economic Evaluation of Road Traffic Safety Measures," MPRA Paper 48350, University Library of Munich, Germany.
- Gul, Ejaz, 2013. "Economic Efficacy of Road Traffic Safety Measures," MPRA Paper 48373, University Library of Munich, Germany.
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O22 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
- O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- #HEJC papers for August 2013
by academichealtheconomists in The Academic Health Economists' Blog on 2013-07-31 23:00:48
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