๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Target value design: using collaboration and a lean approach to reduce construction cost

โœ Scribed by Zimina, Daria; Ballard, Glenn; Pasquire, Christine


Book ID
119952454
Publisher
Taylor and Francis Group
Year
2012
Tongue
English
Weight
349 KB
Volume
30
Category
Article
ISSN
0144-6193

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The option to change the use of a proper
โœ ร…ke Gunnelin ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 162 KB

## Abstract This paper models the decision to change the use of a property when its value in the current use and the new use, as well as construction costs, are uncertain. In the case of development of vacant land, when cash flows and construction costs are lognormally distributed, the development