The Application Of A Computerized Financial Control System For The Decision Support Of Target Cost Contracts

Topics:
Specialty Contracting and Remodeling
Tags:
Business Intelligence,
Software,
Polytechnic University,
Personal Technology,
Marketing Research,
Marketing,
Hong Kong,
Financial,
Enterprise Software,
Decision Support,
...
Source:
Hong Kong Polytechnic University

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Overview: This paper reports a study of the application of a computerized financial control system on a target cost contract for the development of a cable car construction project in Hong Kong. The author is one of the key system designers supplied by the consultancy services of the Hong Kong Polytechnic University. The system emphasizes the enhancement of the integrity and effectiveness of decision-support and the information flow among the various construction parties for construction target cost contracts aided by a computerized construction integrated management system, equipped with intelligent database and data mining technology. Complex and capital-intensive construction projects usually involve higher risks.

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Format: PDF | Size: 602KB | Date: May 2006 | Pages: 12

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