It takes the average reader 11 hours and 52 minutes to read Chances and Risks in Construction Management and Economics by Christian Hofstadler
Assuming a reading speed of 250 words per minute. Learn more
The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business. This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases.
Chances and Risks in Construction Management and Economics by Christian Hofstadler is 696 pages long, and a total of 178,176 words.
This makes it 235% the length of the average book. It also has 218% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 16 hours and 13 minutes to read Chances and Risks in Construction Management and Economics aloud.
Chances and Risks in Construction Management and Economics is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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