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Construction and the time compression paradigm

Towill, Denis Royston 2003. Construction and the time compression paradigm. Construction Management and Economics 21 (6) , pp. 581-591. 10.1080/0144619032000134110

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Abstract

The total cycle time (TCT) compression paradigm has already come of age in many market sectors, and is widely seen as the route whereby companies attain international competitiveness. However, it is essential that the relevant business processes are skillfully re-engineered to compress total cycle time if the potential benefits of implementing the paradigm are to be achieved in full. As the paper shows, reducing TCT in this way improves all the important business performance metrics. The paper concludes by describing the T40 construction programme, in which 25% cost reduction has been consistently achieved by re-engineering the relevant business process to compress total cycle times by 40%. Reduction in TCT achieved in this way does not compromise safety or quality.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > TH Building construction
Uncontrolled Keywords: Total cycle time; business systems engineering; business processes; cost reduction; innovation in construction
Publisher: Taylor & Francis
ISSN: 0144-6193
Last Modified: 19 Mar 2016 23:07
URI: https://orca.cardiff.ac.uk/id/eprint/39163

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