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العنوان
Financial management for different types of construction contracts /
المؤلف
Halawa, Wael Said Mohamed Aly.
هيئة الاعداد
باحث / وائل سعيد محمد على
مشرف / عاصم عبد العليم
مشرف / ابراهيم عبد الرشيد
مناقش / عاصم عبد العليم
مناقش / ابراهيم عبد الرشيد
الموضوع
Construction contracts. Financial management.
تاريخ النشر
2012.
عدد الصفحات
215 p. :
اللغة
الإنجليزية
الدرجة
الدكتوراه
التخصص
الهندسة المدنية والإنشائية
تاريخ الإجازة
1/1/2012
مكان الإجازة
جامعة بنها - كلية الهندسة بشبرا - الهندسة المدنية
الفهرس
Only 14 pages are availabe for public view

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Abstract

The construction industry in Egypt represents a significant part of the world‘s economy thousand of millions of pounds are spent each year on different construction projects. These projects normally pass through several phases starting from pre-investment phase, conception design phase and ending by construction and commissioning phases. Financial management for different types of contracts is a creative organised approach whose objective is to minimise financing risks. In particular, financial evaluation is an important issue because it has long been an area of attention of construction practitioners and researchers.The main objectives of this research are:The study in this thesis concerned with financial management for different types of construction contracts at the pre-investment phase for all project life financing by creating a computerized model for investors in the construction field for helping them to get a trusted decision and facilitate the financial evaluation process. This will achieved by calculating Net Present Value (NPV) for all project proposals. Also, verifying the feasibility of each proposal is occurred taking into consider the effect of time value of money during the project life cycle. In addition, effect of down payment on the magnitude of NPV is investigated. To provide in-depth discussions and understanding of the proposed model, a case study approach is adopted in our thesis.The main findings of this investigation were as follows:This study presented a proposed computerized program to facilitate the financial evaluation process for different construction projects at the pre-investment phase. where, the life cycle costing of the constructions projects may take along period, from 4 to 10 years, to achieve the target MARR. So, we can summarize the main tasks of this program in the following points: 1. Facilitating the financial evaluation system by calculating NPV for construction projects at the pre-investment phase taking into account the effect of time value of money. 2. Dealing with different types of construction contracts.3. Ability to make a comparison among several proposals in a simplify way to select the best one of it.4. Dealing with large size of data. So, it is suitable for making modifications for several times within short time for large projects.In addition, solving the problem of Manual calculations. The proposed program optimizes the relation between the NPV and down payment of the project. where, time of payment was neglected in the most of construction projects. Accordingly, a lot of cumulative financial problems were appeared especially in the value of NPV.
5. Inform the investors with the magnitude and the date of maximum finance of the project during the life cycle costing and at which time the project achieves the target MARR.