Variability of Methodical Use of System Models for Determining the Cost in Construction

Elena Bondar; Vlad Stitsenko

doi:10.4028/www.scientific.net/AEF.22.62

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HomeAdvanced Engineering ForumAdvanced Engineering Forum Vol. 22Variability of Methodical Use of System Models for...

Variability of Methodical Use of System Models for Determining the Cost in Construction

Abstract:

This article presents a possibility of system-based implementation of determining the cost of work in construction. Based on the principles of systemic and variable visibility a logistics mechanism of the use of systemic economic and mathematical models for determining the cost of work in construction is proposed. The proposed mechanism includes specific regulatory features, contractual proposals and specific features of construction projects. The abovementioned methodology is based on a systemic synthesis of economic feasibility and technological complexity of construction work.

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Periodical:

Advanced Engineering Forum (Volume 22)

Pages:

62-66

DOI:

https://doi.org/10.4028/www.scientific.net/AEF.22.62

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Online since:

May 2017

Authors:

Elena Bondar*, Vlad Stitsenko

Keywords:

Economic Value, Logistics Technique, Model Range, Profitability, Sectoral Theory "Geometric Econometrics", Systemic, Technological Complexity

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