File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Article: Applying activity-based costing approach for construction logistics cost analysis

TitleApplying activity-based costing approach for construction logistics cost analysis
Authors
KeywordsActivity based costs
Construction logistics cost
Construction materials
Precast component
Issue Date2011
PublisherEmerald Group Publishing Limited.
Citation
Construction Innovation, 2011, v. 11 n. 3, p. 259-281 How to Cite?
Abstract
Purpose - Construction materials take up a significant proportion of the total construction cost. Without careful planning and controlling on the flow of construction materials, it is possible that the cost of materials may increase unnecessarily. In view of that, this paper aims to examine whether the development of logistics cost analysis can help determine suitable logistics strategies for a project which involves the use of bulky components like precast concrete units. Design/methodology/approach - The cost elements incurred during the logistics process of precast components from the supplier's yard to the construction site are first identified through the activity-based costing (ABC) approach. Under each element, the resources necessary to fulfil the specific element are analysed. By representing those cost components through the cost functions, simulations can be carried out to determine the logistics cost under different logistic scenarios. Findings - Through the ABC approach, the resources consumed can be traced back to the consuming activity and subsequently to a particular cost element. More importantly, the results indicate that the simulation model can identify a logistics option which would result in the lowest logistics cost without affecting the construction schedule. Originality/value - This paper should help increase understanding of managers and planners on construction logistics activities and their related costs so as to increase their bid competitiveness and/or improve the chance of success at the construction stage by minimising the construction logistics cost. Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/137265
ISSN
References

 

Author Affiliations
  1. The University of Hong Kong
DC FieldValueLanguage
dc.contributor.authorFang, Yen_HK
dc.contributor.authorNg, STen_HK
dc.date.accessioned2011-08-26T14:21:52Z-
dc.date.available2011-08-26T14:21:52Z-
dc.date.issued2011en_HK
dc.identifier.citationConstruction Innovation, 2011, v. 11 n. 3, p. 259-281en_HK
dc.identifier.issn1471-4175en_HK
dc.identifier.urihttp://hdl.handle.net/10722/137265-
dc.description.abstractPurpose - Construction materials take up a significant proportion of the total construction cost. Without careful planning and controlling on the flow of construction materials, it is possible that the cost of materials may increase unnecessarily. In view of that, this paper aims to examine whether the development of logistics cost analysis can help determine suitable logistics strategies for a project which involves the use of bulky components like precast concrete units. Design/methodology/approach - The cost elements incurred during the logistics process of precast components from the supplier's yard to the construction site are first identified through the activity-based costing (ABC) approach. Under each element, the resources necessary to fulfil the specific element are analysed. By representing those cost components through the cost functions, simulations can be carried out to determine the logistics cost under different logistic scenarios. Findings - Through the ABC approach, the resources consumed can be traced back to the consuming activity and subsequently to a particular cost element. More importantly, the results indicate that the simulation model can identify a logistics option which would result in the lowest logistics cost without affecting the construction schedule. Originality/value - This paper should help increase understanding of managers and planners on construction logistics activities and their related costs so as to increase their bid competitiveness and/or improve the chance of success at the construction stage by minimising the construction logistics cost. Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.en_HK
dc.languageengen_US
dc.publisherEmerald Group Publishing Limited.en_US
dc.relation.ispartofConstruction Innovationen_HK
dc.subjectActivity based costsen_HK
dc.subjectConstruction logistics costen_HK
dc.subjectConstruction materialsen_HK
dc.subjectPrecast componenten_HK
dc.titleApplying activity-based costing approach for construction logistics cost analysisen_HK
dc.typeArticleen_HK
dc.identifier.emailNg, ST:tstng@hkucc.hku.hken_HK
dc.identifier.authorityNg, ST=rp00158en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1108/14714171111149007en_HK
dc.identifier.scopuseid_2-s2.0-79960658866en_HK
dc.identifier.hkuros191928en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-79960658866&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume11en_HK
dc.identifier.issue3en_HK
dc.identifier.spage259en_HK
dc.identifier.epage281en_HK
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridFang, Y=35368427500en_HK
dc.identifier.scopusauthoridNg, ST=7403358853en_HK

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats