Reliability statistics

Reliability statistics

Source publication
Article
Full-text available
Default by contractors in meeting the time and cost performance of a project is usually counterproductive. Considering safety from the high financial burden of construction projects, clients are compelled to seek a level of guarantee in bonds to safeguard them from financial problems and provide incentive for proper and timely completion of the pro...

Context in source publication

Context 1
... a case of default from the contractor, the client can call back on the bond to guard against loss. 0. 896 6 9 Transparency 0.883 9 10 It also enables the client to know the strength of the contractor's ability. 0.895 7 11 ...

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