• DocumentCode
    352640
  • Title

    Information visualisation in aid of construction project cash flow management

  • Author

    Khosrowshahi, Farzad

  • Author_Institution
    Fac. of the Built Environ., South Bank Univ., London, UK
  • fYear
    2000
  • fDate
    2000
  • Firstpage
    583
  • Lastpage
    588
  • Abstract
    Any negotiation involves consideration of several variables which act independently and collectively to determine the configuration of alternative outcomes. The numerical analysis of alternative options can be a tedious and lengthy exercise, thus inhibiting the negotiator from making informed decisions and indeed achieving the optimum benefit. Construction project financial management is an example where all related variables are up for negotiation between the main parities: the client, contractor and sub-contractors. This paper builds on the works previously introduced at IV conferences where the potential of the visual approach to the analysis of growth patterns was illustrated and the respective mathematical expressions were introduced. The paper collates these works into a conclusive visual method for instantaneous analysis of several variables that are influential in configuring construction project finance, thus preparing the contractor for informed negotiation with other parties
  • Keywords
    civil engineering computing; construction industry; data visualisation; engineering graphics; financial data processing; project management; client; construction project cash flow management; construction project financial management; contractor; information visualisation; informed decision making; negotiation; sub-contractors; visual method; Costs; Finance; Financial management; Numerical analysis; Pattern analysis; Predictive models; Project management; Shape; Standards development; Visualization;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Visualization, 2000. Proceedings. IEEE International Conference on
  • Conference_Location
    London
  • ISSN
    1093-9547
  • Print_ISBN
    0-7695-0743-3
  • Type

    conf

  • DOI
    10.1109/IV.2000.859816
  • Filename
    859816