An Integrated Model for Evaluation of Construction Projects

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Aliakbar Eghbali , Ahmadali Fallah

Abstract

It is an inevitable necessity to conduct technical and economic feasibility studies on construction projects to make relatively sure about the accurate application of national capitals regarding economic development and social welfare. Accordingly, the extant study aimed at providing an integrated model to evaluate construction projects. The data obtained from questionnaires were assessed through SPSS software. The designed questionnaire included 26 items that were divided into five groups and criteria. Technical, economic, environmental, social, and cultural criteria were employed in this research. According to the obtained results, 26 items were ranked based on the answers to questionnaires, and weights were assigned to each item based on the effect size of each case. Therefore, the technical criterion had the highest weight while the environmental criterion had the lowest weight. All criteria with maximum weights must be inserted into equations to achieve the most efficient feasibility studies to onset executive operations. To do so was designed; where S represents feasibility studies. The purpose of this study was to maximize the efficiency of the aforementioned equation by using examined criteria.

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