Modelling Construction Duration for Building Projects in Istanbul

Viac o knihe

Focusing on the importance of accurately predicting construction project durations, this work utilizes survival analysis to model building project durations in Istanbul. Analyzing a dataset of 146 cases, it identifies three key predictive factors: adjusted project value, gross ground floor area, and building type. The resulting formula serves as a practical tool for project stakeholders, enabling effective budgeting and monitoring. Additionally, the model can benchmark construction performance across various regions and building categories, enhancing project management strategies.