Abstract
Construction duration significantly influences funding, financing and resources allocation
decisions that take place early in project design development. This study attempts to develop through
regression analysis highway construction duration models by incorporating relevant predictor
variables having statistically significant relationship with highway completion time. Historical data of
highway projects initiated and completed between 2007 and 2012 were considered to enable the
collection of homogenous data in terms of time, cost and other economic variables. Three multiple
regression models were developed in the form of linear, semi-log and log-log transformations. The
results of the analysis showed that all the three models are statistically significant and have good fit to
the data with R2
values of 0.546, 0.631 and 0.940 respectively. The performances of the models were
established by measuring their prediction accuracy and goodness of fit over a test sample of 15
successful projects. The result revealed that the log-log model outperformed the other models with an
average % Error of -3.64%, Maximum error of 16.2% and Mean Absolute Percent Error (MAPE) of
6.87%. These results compare favourably with past studies which have shown that traditional methods
of duration estimation at early project stages have values of MAPE typically in the order 10-20%.
B. S. Waziri, B. Kadai, A.T. Jibrin. (2017) Functional Duration Models for Highway Construction Projects in Nigeria, Pakistan Journal of Engineering and Applied Sciences, VOLUME 20, Issue 1.
-
Views
2046 -
Downloads
194
Article Details
Volume
Issue
Type
Language
