Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/14917
Title: Optimal allocation of construction planning resources
Authors: Faniran, OO
Love, PED
Li, H 
Issue Date: 1999
Publisher: American Society of Civil Engineers
Source: Journal of construction engineering and management, 1999, v. 125, no. 5, p. 311-319 How to cite?
Journal: Journal of construction engineering and management 
Abstract: Efficient allocation of resources for construction planning activities requires construction planning resource requirements to be determined on a cost-effective and value-adding basis. However, although some research studies have indicated that increasing resource allocations to construction planning activities will lead to improved project performance, other research studies have indicated that investing in construction planning beyond an optimum point will lead to a deterioration in project performance. This study explored the concept of optimal planning of construction projects by examining 52 building projects undertaken in Australia. The relationships between planning input (ratio of planning costs to total project costs) and the probabilities of achieving poor performance and good performance were modeled using logistic, linear, and curvilinear regression analyzes. A probable optimum planning input based on the sample studied was derived. It is suggested that any additional planning efforts beyond this optimum point would be essentially wasted because the additional planning costs would not achieve any savings in project cost but merely add to the overhead costs and therefore increase the overall project cost. A model for optimal planning is presented and discussed.
URI: http://hdl.handle.net/10397/14917
ISSN: 0733-9364
EISSN: 1943-7862
DOI: 10.1061/(ASCE)0733-9364(1999)125:5(311)
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