Date of Award

January 2016

Degree Type

Dissertation

Degree Name

Doctor of Philosophy (PhD)

Department

Civil Engineering

First Advisor

Makarand Hastak

Committee Member 1

Amr Kandil

Committee Member 2

Byung Tak Ro

Committee Member 3

Qingbin Cui

Abstract

It is evident from past studies that a contractor’s ability to analyze the probable execution scenarios of its project portfolio and, subsequently, the effect of these scenarios on the realization of profit potential is essential for sustaining a viable business. However, current financial analysis methods do not consider the effect of interconnected influential stakeholders on the profit realization process of their mutual project or project portfolio. In other words, the realized profit of a contractor’s project portfolio is an emergent outcome of a section of the construction market system rather than the performance of the construction contractor alone. Therefore, a model for the ex-ante analysis of profit potential of a project portfolio should be capable of modeling this complex system-of-systems (SoS) by capturing the dynamic interactions between the key constituents of the system and their subsequent influence on the contractor’s profit potential.

Share

COinS