The analytic hierarchy process to support decision-making processes in infrastructure projects with social impact

There is an increasing awareness among all kinds of organisations (in business,government and civil society) about the benefits of jointly working with stakeholders to satisfy both their goals and the social demands placed upon them. This is particularly the case within corporate social responsibility (CSR) frameworks. In this regard, multi-criteria tools for decision-making like the analytic hierarchy process (AHP) described in the paper can be useful for the building relationships with stakeholders. Since these tools can reveal decision-maker’s preferences, the integration of opinions from various stakeholders in the decision-making process may result in better and more innovative solutions with significant shared value. This paper is based on ongoing research to assess the feasibility of an AHP-based model to support CSR decisions in large infrastructure projects carried out by Red Electrica de España, the sole transmission agent and operator of the Spanishelectricity system.

Sostenibilidad en el sector de la construcción. Sostenibilidad en estructuras y puentes ferroviarios

La escasez de recursos, el cambio climático, la pobreza y el subdesarrollo, los desastres naturales, son solo algunos de los grandes retos a que se enfrenta la humanidad y a los que la economía verde y el desarrollo sostenible tienen que dar respuesta. El concepto sostenible surge a raíz de la necesidad de lograr en todas las actividades humanas un nuevo equilibrio con el medioambiente, la sociedad y la economía, es decir un desarrollo más sostenible. La construcción supone en este nuevo concepto un sector básico, con grandes impactos en los recursos, los residuos, las emisiones, la biodiversidad, el paisaje, las necesidades sociales, la integración, el desarrollo económico del entorno, etc. Es por ello, que la construcción sostenible tiene una importancia esencial como demuestra su amplia aplicación teórica y práctica ya en proyectos de planificación urbana y de edificación. En la ingeniería civil estas aproximaciones son todavía mínimas, aunque ya se están considerando ciertos criterios de sostenibilidad en proyectos de construcción. La construcción consume muchos recursos naturales, económicos y tiene gran incidencia social. En la actualidad su actividad consume un 30% de los recursos extraídos de la tierra y la energía, y en consecuencia genera el 30% de los gases de efecto invernadero y residuos sólidos del mundo (EEA, 2014). Este impacto debería suponer una gran responsabilidad para los profesionales y gobiernos que toman cada día las decisiones de diseño e inversión en la construcción, y su máxima eficiencia debería estar muy presente entre los objetivos. En esta tesis doctoral se plantea un nuevo modelo para la evaluación de la sostenibilidad en los proyectos mediante un sistema de indicadores, basados en las áreas de estudio de las certificaciones de sostenibilidad existentes y en un análisis multi-criterio de cada uno de los axiomas de la sostenibilidad. Como reto principal se marca la propuesta de una metodología que permita identificar, priorizar y seleccionar los indicadores y las variables más importantes de lo que es considerado como una construcción sostenible en el caso de infraestructuras ferroviarias, más concretamente en puentes ferroviarios, y que además sirva para priorizar nuevos proyectos que se adapten a los nuevos objetivos del desarrollo sostenible: el respeto al medioambiente, la integración social y la económica. El objetivo es la aplicación de estos indicadores desde las etapas más tempranas del proyecto: planificación, diseño de alternativas y selección de alternativas. Para ello, en primer lugar, se ha realizado un análisis en profundidad de los distintas organizaciones de certificación de la sostenibilidad mundiales y se ha desarrollado una comparativa entre ellas, detallando el funcionamiento de las más extendidas (BREEAM, LEED, VERDE, DGNB). Tras esto, se ha analizado la herramienta matemática MIVES de análisis multi-criterio para su aplicación, en la tesis, a las infraestructuras ferroviarias. En la segunda parte se desarrolla para las estructuras ferroviarias un nuevo modelo de indicadores, un sistema de ayuda a la decisión multi-criterio basado en los tres axiomas de las sostenibilidad (sociedad, medioambiente y economía), articulados en un árbol de requerimientos inspirado en el método MIVES, que propone una metodología para el caso de las infraestructuras ferroviarias. La metodología MIVES estructura el proceso de decisión en tres ramas: Requisitos, componentes y ciclo de vida. Estas ramas definen los límites de los sistemas. El eje de los requisitos del árbol de los requisitos o se estructura en tres niveles que corresponden al requisito específico: criterios e indicadores. Además, es necesario definen la función del valor para cada indicador, definen el peso de importancia de cada elemento del árbol y finalmente con el calcular el valor de cada alternativa selecciona el mejor de él. La generación de este árbol de requerimientos en estructuras ferroviarias y la medición de los parámetro es original para este tipo de estructuras. Por último, tras el desarrollo de la metodología, se ha aplicado la propuesta metodológica mediante la implementación práctica, utilizando el método propuesto con 2 puentes ferroviarios existentes. Los resultados han mostrado que la herramienta es capaz de establecer una ordenación de las actuaciones coherente y suficientemente discriminante como para que el decisor no tenga dudas cuando deba tomar la decisión. Esta fase, es una de las grandes aportaciones de la tesis, ya que permite diferenciar los pesos obtenidos en cada una de las áreas de estudio y donde la toma de decisión puede variar dependiendo de las necesidades del decisor, la ubicación del puente de estudio etc. ABSTRACT Scarce resources, climate change, poverty and underdevelopment, natural disasters are just some of the great challenges facing humanity and to which the green economy will have to respond. The sustainable concept arises from the need for all human activities in a new equilibrium with the environment, society and the economy, which is known as sustainable development. The construction industry is part of this concept, because of its major impacts on resources, waste, emissions, biodiversity, landscape, social needs, integration, economical development, environment, etc. Therefore, sustainable construction has a critical importance as already demonstrated by its wide application and theoretical practice in urban planning and building projects. In civil engineering, these approaches are still minimal, although some criteria are already taken into account for sustainability in infrastructure projects. The construction industry requires a lot of natural resources, has a real economic relevance and a huge social impact. Currently, it consumes 40% of produced power as well as natural resources extracted from the earth and thus leads to an environmental impact of 40% regarding greenhouse gas emissions and solid wastes (EEA 2014). These repercussions should highly concern our governments and professional of this industry on the decisions they take regarding investments and designs. They must be inflexible in order to ensure that the main concern has to be a maximum efficiency. Major events like the COP21 held in Paris in December 2015 are a concrete signal of the worldwide awareness of the huge impact of each industry on climate. In this doctoral thesis a new model for the evaluation of the sustainability in the projects by means of a system of indicators, based on the areas of study of the existing certifications of sustainability and on an analysis considers multi-criterion of each one of the axioms of the sustainability. The primary aim of this thesis is to study the mode of application of sustainability in projects through a system of indicators. . The main challenge consists of create a methodology suitable to identify, prioritize and select the most important indicators which define if a building is sustainable in the specific case of railway infrastructures. The methodology will help to adapt future projects to the new goals of sustainable development which are respect of nature, social integration and economic relevance. A crucial point is the consideration of these indicators from the very beginning steps of the projects: planning, design and alternatives reflections. First of all, a complete inventory of all world energy certification organizations has been made in order to compare the most representative ones regarding their way of functioning (BREEAM, LEED, VERDE, DGNB). After this, mathematical tool MIVES of analysis has been analyzed multi-criterion for its application, in the thesis, to railway infrastructures. The second part of the thesis is aimed to develop a new model of indicators, inspired by the MIVES method, consisting in a decision-making system based on the 3 foundations of sustainability: nature impact, social concerns, and economic relevance. The methodology MIVES structures the decision process in three axes: Requirements, components and life cycle. These axes define the boundaries of the systems. The axis of requirements o tree requirements is structured in three levels corresponding to specific requirement: criteria and indicators. In addition, is necessary define the value function for each indicator, define the weight of importance of each element of the tree and finally with the calculate the value of each alternative select the best of them. The generation of this tree requirements in railway structures and measuring the parameter is original for this type of structures. Finally, after the development of the methodology, it has validated the methodology through practical implementation, applying the proposed method 2 existing railway bridges. The results showed that the tool is able to establish a coherent management of performances and discriminating enough so that the decision maker should not have doubts when making the decision. This phase, is one of the great contributions of the thesis, since it allows to differentiate the weights obtained in each one from the study areas and where the decision making can vary depending on the necessities of the decisor, the location of the bridge of study etc.

Evaluación de la distribución de riesgos en los distintos modelos de asociación público-privada para la provisión de infraestructura carretera en México

México es de los pocos países en el mundo que ha realizado dos grandes programas para la construcción de autopistas en colaboración con el sector privado. El primero, fue realizado entre 1989 y 1994, con resultados adversos por el mal diseño del esquema de concesiones; y, el segundo con mejores resultados, en operación desde 2003 mediante nuevos modelos de asociación público-privada (APP). El objetivo de la presente investigación es estudiar los modelos de asociación público-privada empleados en México para la provisión de infraestructura carretera, realizando el análisis y la evaluación de la distribución de riesgos entre el sector público y privado en cada uno de los modelos con el propósito de establecer una propuesta de reasignación de riesgos para disminuir el costo global y la incertidumbre de los proyectos. En la primera parte se describe el estado actual del conocimiento de las asociaciones público-privadas para desarrollar proyectos de infraestructura, incluyendo los antecedentes, la definición y las tipologías de los esquemas APP, así como la práctica internacional de programas como el modelo británico Private Finance Initiative (PFI), resultados de proyectos en la Unión Europea y programas APP en otros países. También, se destaca la participación del sector privado en el financiamiento de la infraestructura del transporte de México en la década de 1990. En los capítulos centrales se aborda el estudio de los modelos APP que se han utilizado en el país en la construcción de la red de carreteras de alta capacidad. Se presentan las características y los resultados del programa de autopistas 1989-94, así como el rescate financiero y las medidas de reestructuración de los proyectos concesionados, aspectos que obligaron a las autoridades mexicanas a cambiar la normatividad para la aprobación de los proyectos según su rentabilidad, modificar la legislación de caminos y diseñar nuevos esquemas de colaboración entre el gobierno y el sector privado. Los nuevos modelos APP vigentes desde 2003 son: nuevo modelo de concesiones para desarrollar autopistas de peaje, modelo de proyectos de prestación de servicios (peaje sombra) para modernizar carreteras existentes y modelo de aprovechamiento de activos para concesionar autopistas de peaje en operación a cambio de un pago. De estos modelos se realizaron estudios de caso en los que se determinan medidas de desempeño operativo (niveles de tráfico, costos y plazos de construcción) y rentabilidad financiera (tasa interna de retorno y valor presente neto). En la última parte se efectúa la identificación, análisis y evaluación de los riesgos que afectaron los costos, el tiempo de ejecución y la rentabilidad de los proyectos de ambos programas. Entre los factores de riesgo analizados se encontró que los más importantes fueron: las condiciones macroeconómicas del país (inflación, producto interno bruto, tipo de cambio y tasa de interés), deficiencias en la planificación de los proyectos (diseño, derecho de vía, tarifas, permisos y estimación del tránsito) y aportaciones públicas en forma de obra. Mexico is one of the few countries in the world that has developed two major programs for highway construction in collaboration with the private sector. The first one was carried out between 1989 and 1994 with adverse outcomes due to the wrong design of concession schemes; and, the second one, in operation since 2003, through new public-private partnership models (PPPs). The objective of this research is to study public-private partnership models used in Mexico for road infrastructure provision, performing the analysis and evaluation of risk’s distribution between the public and the private sector in each model in order to draw up a proposal for risk’s allocation to reduce the total cost and the uncertainty of projects. The first part describes the current state of knowledge in public-private partnership to develop infrastructure projects, including the history, definition and types of PPP models, as well as international practice of programs such as the British Private Finance Initiative (PFI) model, results in the European Union and PPP programs in other countries. Also, it stands out the private sector participation in financing of Mexico’s transport infrastructure in 1990s. The next chapters present the study of public-private partnerships models that have been used in the country in the construction of the high capacity road network. Characteristics and outcomes of the highway program 1989-94 are presented, as well as the financial bailout and restructuring measures of the concession projects, aspects that forced the Mexican authorities to change projects regulations, improve road’s legislation and design new schemes of cooperation between the Government and the private sector. The new PPP models since 2003 are: concession model to develop toll highways, private service contracts model (shadow toll) to modernize existing roads and highway assets model for the concession of toll roads in operation in exchange for a payment. These models were analyzed using case studies in which measures of operational performance (levels of traffic, costs and construction schedules) and financial profitability (internal rate of return and net present value) are determined. In the last part, the analysis and assessment of risks that affect costs, execution time and profitability of the projects are carried out, for both programs. Among the risk factors analyzed, the following ones were found to be the most important: country macroeconomic conditions (inflation, gross domestic product, exchange rate and interest rate), deficiencies in projects planning (design, right of way, tolls, permits and traffic estimation) and public contributions in the form of construction works.

Risk sharing with Multilateral Financial Institutions in infrastructure and energy project financing : effect on capital relief for commercial banks

(Matsukawa and Habeck, 2007) analyse the main instruments for risk mitigation in infrastructure financing with Multilateral Financial Institutions (MFIs). Their review coincided with the global financial crisis of 2007-08, and is highly relevant in current times considering the sovereign debt crisis, the lack of available capital and the increases in bank regulation in Western economies. The current macroeconomic environment has seen a slowdown in the level of finance for infrastructure projects, as they pose a higher credit risk given their requirements for long term investments. The rationale for this work is to look for innovative solutions that are focused on the credit risk mitigation of infrastructure and energy projects whilst optimizing the economic capital allocation for commercial banks. This objective is achieved through risk-sharing with MFIs and looking for capital relief in project finance transactions. This research finds out the answer to the main question: "What is the impact of risk-sharing with MFIs on project finance transactions to increase their efficiency and viability?", and is developed from the perspective of a commercial bank assessing the economic capital used and analysing the relevant variables for it: Probability of Default, Loss Given Default and Recovery Rates, (Altman, 2010). An overview of project finance for the infrastructure and energy sectors in terms of the volume of transactions worldwide is outlined, along with a summary of risk-sharing financing with MFIs. A review of the current regulatory framework beneath risk-sharing in structured finance with MFIs is also analysed. From here, the impact of risk-sharing and the diversification effect in infrastructure and energy projects is assessed, from the perspective of economic capital allocation for a commercial bank. CreditMetrics (J. P. Morgan, 1997) is applied over an existing well diversified portfolio of project finance infrastructure and energy investments, working with the main risk capital measures: economic capital, RAROC, and EVA. The conclusions of this research show that economic capital allocation on a portfolio of project finance along with risk-sharing with MFIs have a huge impact on capital relief whilst increasing performance profitability for commercial banks. There is an outstanding diversification effect due to the portfolio, which is combined with risk mitigation and an improvement in recovery rates through Partial Credit Guarantees issued by MFIs. A stress test scenario analysis is applied to the current assumptions and credit risk model, considering a downgrade in the rating for the commercial bank (lender) and an increase of default in emerging countries, presenting a direct impact on economic capital, through an increase in expected loss and a decrease in performance profitability. Getting capital relief through risk-sharing makes it more viable for commercial banks to finance infrastructure and energy projects, with the beneficial effect of a direct impact of these investments on GDP growth and employment. The main contribution of this work is to promote a strategic economic capital allocation in infrastructure and energy financing through innovative risk-sharing with MFIs and economic pricing to create economic value added for banks, and to allow the financing of more infrastructure and energy projects. This work suggests several topics for further research in relation to issues analysed. (Matsukawa and Habeck, 2007) analizan los principales instrumentos de mitigación de riesgos en las Instituciones Financieras Multilaterales (IFMs) para la financiación de infraestructuras. Su presentación coincidió con el inicio de la crisis financiera en Agosto de 2007, y sus consecuencias persisten en la actualidad, destacando la deuda soberana en economías desarrolladas y los problemas capitalización de los bancos. Este entorno macroeconómico ha ralentizado la financiación de proyectos de infraestructuras. El actual trabajo de investigación tiene su motivación en la búsqueda de soluciones para la financiación de proyectos de infraestructuras y de energía, mitigando los riesgos inherentes, con el objeto de reducir el consumo de capital económico en los bancos financiadores. Este objetivo se alcanza compartiendo el riesgo de la financiación con IFMs, a través de estructuras de risk-sharing. La investigación responde la pregunta: "Cuál es el impacto de risk-sharing con IFMs, en la financiación de proyectos para aumentar su eficiencia y viabilidad?". El trabajo se desarrolla desde el enfoque de un banco comercial, estimando el consumo de capital económico en la financiación de proyectos y analizando las principales variables del riesgo de crédito, Probability of Default, Loss Given Default and Recovery Rates, (Altman, 2010). La investigación presenta las cifras globales de Project Finance en los sectores de infraestructuras y de energía, y analiza el marco regulatorio internacional en relación al consumo de capital económico en la financiación de proyectos en los que participan IFMs. A continuación, el trabajo modeliza una cartera real, bien diversificada, de Project Finance de infraestructuras y de energía, aplicando la metodología CreditMet- rics (J. P. Morgan, 1997). Su objeto es estimar el consumo de capital económico y la rentabilidad de la cartera de proyectos a través del RAROC y EVA. La modelización permite estimar el efecto diversificación y la liberación de capital económico consecuencia del risk-sharing. Los resultados muestran el enorme impacto del efecto diversificación de la cartera, así como de las garantías parciales de las IFMs que mitigan riesgos, mejoran el recovery rate de los proyectos y reducen el consumo de capital económico para el banco comercial, mientras aumentan la rentabilidad, RAROC, y crean valor económico, EVA. En escenarios económicos de inestabilidad, empeoramiento del rating de los bancos, aumentos de default en los proyectos y de correlación en las carteras, hay un impacto directo en el capital económico y en la pérdida de rentabilidad. La liberación de capital económico, como se plantea en la presente investigación, permitirá financiar más proyectos de infraestructuras y de energía, lo que repercutirá en un mayor crecimiento económico y creación de empleo. La principal contribución de este trabajo es promover la gestión activa del capital económico en la financiación de infraestructuras y de proyectos energéticos, a través de estructuras innovadoras de risk-sharing con IFMs y de creación de valor económico en los bancos comerciales, lo que mejoraría su eficiencia y capitalización. La aportación metodológica del trabajo se convierte por su originalidad en una contribución, que sugiere y facilita nuevas líneas de investigación académica en las principales variables del riesgo de crédito que afectan al capital económico en la financiación de proyectos.

Construction Cost Estimates for Residences in Spain: practical application of the Pcr.5n model

The construction cost estimation systems in Spain are undeveloped and, hence, infrequently used by technicians and professionals in the building sector. However, estimation of an approximate real cost prior to the execution of the work is compulsory under current legal regulations (Technical Building Code). Therefore, the development of research projects on construction cost estimation models such as the one described and demonstrated in this talk is extremely interesting.

Geoprocesamiento como Herramienta de Cálculo y Comunicación de Afecciones por Obras Lineales: Líneas Eléctricas de Alta Tensión

Los proyectos de infraestructuras lineales son implantados en el territorio, y la información geográfica de estos proyectos tiene la capacidad de representar la forma, dimensiones y ubicación de estas infraestructuras, así como los límites de las diferentes propiedades que atraviesa. Esta información geográfica ayuda al entendimiento de la afección de la instalación sobre las diferentes propiedades inmuebles, y por otro lado permite cuantificar automáticamente, la magnitud de cada tipo de afección y así utilizarse como mecanismo de notificación formal a los propietarios de las parcelas afectadas. En este trabajo se presenta cómo se ha integrado en el flujo de trabajo de Red Eléctrica de España (REE), las tareas relacionadas con el cálculo de afecciones de las nuevas instalaciones de Alta Tensión, permitiendo visualizar los proyectos mediante: un visor WMS, un globo 3D mediante KML, o como un conjunto de reseñas gráficas de cada parcela. Estas soluciones han permitido optimizar los procesos de cálculo de afecciones y la generación de las Relaciones de Bienes y Derechos (RBD) afectados en distintos formatos: gráficos o alfanuméricos e interactivos 2D y 3D, multiplicándose las posibilidades de automatización y visualización, y produciendo un acercamiento entre el mundo real y el mundo virtual. Linear infrastructure projects are implemented in the territory, and geographic information of these projects has the ability to represent the shape, size and location of these infrastructures, and the limits of the different properties it crosses. This geographic information helps understanding the affection of the installation on different properties, and to automatically quantifies the magnitude of each type of affection and well used as a mechanism to formally notify owners of affected parcels. In this paper we present how the tasks related to the affection calculation of new high-voltage installations is integrated into the workflow of Red Eléctrica de España (REE), allowing to publish and then to see the projects over internet in a standardized way by: WMS viewer, a 3D globe using KML, or review a set of graphs of each parcel. These solutions have allowed us to optimize the processes of calculation of affection and the generation of the Assets and Rights (RBD) affected document across different formats or alphanumeric graphics and interactive 2D and 3D, multiplying the possibilities of automation and visualization, and producing an approach between the real and the virtual world.

Sistemas de Gestión de la Calidad. Metodología para implementar proyectos de mejora continua para la reducción de los defectos de construcción en edificación de viviendas

La mejora continua debería estar presente siempre en las empresas, dispongan o no de sistemas de gestión. Sin embargo, su aplicación en el sector de la construcción es especialmente difícil debido a las características particulares del mismo. Por este motivo se plantea el objetivo principal de esta Tesis Doctoral: “Establecer una metodología de trabajo que permita a las empresas constructoras implantar proyectos de mejora continua para incrementar la calidad de las viviendas entregadas a los usuarios”. En la investigación llevada a cabo se han inspeccionado 818 viviendas, recogiendo un total de 82.550 incidencias, las cuales se han analizado aplicando cuatro de las siete herramientas estadísticas básicas de la mejora continua (Hoja de recogida de datos, Estratificación, Histograma y Diagrama de Pareto), concluyendo que los tres oficios que concentran el 80% de los defectos, en los que convendría actuar para reducir de manera significativa los fallos de construcción en la fase de pre-entrega, son: Carpintería de Madera, Revestimientos Cerámicos e Instalación de Electricidad. De entre estos tres oficios se ha seleccionado el de Revestimientos Cerámicos para poner en práctica un proyecto de mejora continua. Analizando los datos relativos a este oficio se elabora un listado de 25 defectos tipo en los que se pueden agrupar todas las incidencias detectadas. Aplicando de nuevo las cuatro herramientas básicas de la calidad se destacan los 10 defectos tipo con mayor impacto en volumen de incidencias y en coste de reparación, para focalizar los esfuerzos de mejora. Con esta información se elabora un documento de criterios técnicos para la ejecución de los Revestimientos Cerámicos que se implanta, en parte, en varias obras para tratar de reducir los defectos detectados en las viviendas antes de la entrega a sus propietarios, y se definen unos Índices de Calidad para medir los resultados. Se toman datos de nuevo a 6 y 20 meses desde la implantación del protocolo, se analizan y se calculan los resultados del proyecto de mejora, concluyendo que se está avanzando positivamente. En base a toda la información recogida a lo largo del proceso de la investigación y de la experiencia del proyecto de mejora implantado, se presenta una propuesta de metodología para implementar proyectos de mejora, así como la documentación recomendada para su puesta en práctica, además de la documentación técnica específica para la prevención de los defectos de construcción en Revestimientos Cerámicos incluyendo las fichas de control para la recepción de materiales, control de ejecución y control de recepción del revestimiento terminado. ABSTRACT Continuous improvement should always be a core value in firms of all kinds, whether or not they implement management systems. Nevertheless, its application in the construction sector seems especially difficult due to its inherent intricacies and complexity. The study of this phenomenon is the main aim of the hereby presented PhD dissertation "Establishment of a working methodology that allows construction (related) firms to carry out projects of continuous improvement in order to increase the quality of housing upon delivery to the client". In the present research 818 housing units have been inspected, collecting a total of 82550 incidence entries, which have been analyzed by means of 4 out of the 7 basic statistical tools of continuous improvement: Data collection sheets, stratification, histogram, and Pareto diagram. The data shows that the 3 main trades where special actions should be taken in order to significantly reduce construction defects are: carpentry, ceramic cladding, and electricity systems. These trades combined account for the 80% of the total defects detected during the inspections. Among the mentioned works, ceramic tiling is selected as a continuous improvement case study project. Analysing data relative to this specific trade, a list of 25 defect types is developed. These types gather all detected defects under this group. Further applying the four statistical tools referred to above, the 10 most significant events are highlighted as to clearly determine the improvement measures. These events have the most impact on both volume of defects and reparation costs. This information is then put together in a document of technical criteria for the correct execution of ceramic tiling that is implemented in various ongoing projects under construction as to minimize the defects prior to the final delivery to the client. Also, a series of Quality Index are defined as criteria for execution suitability. 6 to 20 months after the implementation of this control protocol, the same process is repeated with the purpose of comparing results. It is concluded that a positive evolution takes place. Based both on the information collected throughout the research process and the experience of the case study, the dissertation proposes a methodology to successfully implement improvement projects along with reference documentation and specific technical documents for the prevention of construction defects in ceramic tiling, including (i) material reception control sheets, (ii) an execution control sheet, and a sheet relative to the (iii) control of the finished cladding.

Analysis of alternative tendering mechanisms for transportation Public-Private Partnerships

This paper describes a theoretical model based primarily on transaction costs, for comparing the various tendering mechanisms used for transportation Public-Private Partnership (PPP) projects. In particular, the model contrasts negotiated procedures with the open procedure, as defined by the current European Union legislation on public tendering. The model includes both ex ante transaction costs (borne during the tendering stage) and ex post transaction costs (such as enforcement costs, re-negotiation costs, and costs arising from litigation between partners), explaining the trade-off between them. Generally speaking, it is assumed that the open procedure implies lower transaction costs ex ante, while the negotiated procedure reduces the probability of the appearance of new contingencies not foreseen in the contract, hence diminishing the expected value of transaction costs ex post. Therefore, the balance between ex ante and ex post transaction costs is the main criterion for deciding whether the open or negotiated procedure would be optimal. Notwithstanding, empirical evidence currently exists only on ex ante transaction costs in transportation infrastructure projects. This evidence has shown a relevant difference between the two procedures as far as ex ante costs are concerned, favouring the open procedure. The model developed in this paper also demonstrates that a larger degree of complexity in a contract does not unequivocally favour the use of a negotiated procedure. Only in those cases dealing with very innovative projects, where important dimensions of the quality of the asset or service are not verifiable, may we observe an advantage in favour of the negotiated procedure. The bottom line is that we find it difficult to justify the employment of negotiated procedures in most transportation PPP contracts, especially in the field of roads. Nevertheless, the field remains open for future empirical work and research on the levels of transaction costs borne ex post in PPP contracts, as well as on the probabilities of such costs appearing under any of the procurement procedures.

Territorial cohesion impacts of high-speed rail under different zoning systems

Large-scale transport infrastructure projects such as high-speed rail (HSR) produce significant effects on the spatial distribution of accessibility. These effects, commonly known as territorial cohesion effects, are receiving increasing attention in the research literature. However, there is little empirical research into the sensitivity of these cohesion results to methodological issues such as the definition of the limits of the study area or the zoning system. In a previous paper (Ortega et al., 2012), we investigated the influence of scale issues, comparing the cohesion results obtained at four different planning levels. This paper makes an additional contribution to our research with the investigation of the influence of zoning issues. We analyze the extent to which changes in the size of the units of analysis influence the measurement of spatial inequalities. The methodology is tested by application to the Galician (north-western) HSR corridor, with a length of nearly 670 km, included in the Spanish PEIT (Strategic Transport and Infrastructure Plan) 2005-2020. We calculated the accessibility indicators for the Galician HSR corridor and assessed their corresponding territorial distribution. We used five alternative zoning systems depending on the method of data representation used (vector or raster), and the level of detail (cartographic accuracy or cell size). Our results suggest that the choice between a vector-based and raster-based system has important implications. The vector system produces a higher mean accessibility value and a more polarized accessibility distribution than raster systems. The increased pixel size of raster-based systems tends to give rise to higher mean accessibility values and a more balanced accessibility distribution. Our findings strongly encourage spatial analysts to acknowledge that the results of their analyses may vary widely according to the definition of the units of analysis.

Renewable energy infrastructure. A challenge for Venezuelan industrial construction

The relevance of renewable energy has grown significantly in our global society. Important efforts are oriented to sustain it. Renewable energy depends on different technical, financial environmental and social complex processes. From the point of view of industrial construction sector this research evaluates some of the current trends in energy generation and use in Venezuela as well as environmental consequences and risks that derive from these. Additionally, authors highlight the importance of infrastructure as key issue to sustain renewable energy generation and use. The study present references of some energy renewable projects in process in Venezuela and the main problems that constrain their performance. Conclusions evidence the complex nature of industrial construction and suggest the need to improve industrial construction competitivenes as a strategy oriented to enhance renewable energy offer in the country. Additionally it is proposed to all stakeholders to work toghether to correct the conditions that currently limit industrial construction development. This is part of ongoing research.

Montecarlo method applied to comparison of tenders in construction projects.

La comparación de las diferentes ofertas presentadas en la licitación de un proyecto,con el sistema de contratación tradicional de medición abierta y precio unitario cerrado, requiere herramientas de análisis que sean capaces de discriminar propuestas que teniendo un importe global parecido pueden presentar un impacto económico muy diferente durante la ejecución. Una de las situaciones que no se detecta fácilmente con los métodos tradicionales es el comportamiento del coste real frente a las variaciones de las cantidades realmente ejecutadas en obra respecto de las estimadas en el proyecto. Este texto propone abordar esta situación mediante un sistema de análisis cuantitativo del riesgo como el método de Montecarlo. Este procedimiento, como es sabido, consiste en permitir que los datos de entrada que definen el problema varíen unas funciones de probabilidad definidas, generar un gran número de casos de prueba y tratar los resultados estadísticamente para obtener los valores finales más probables,con los parámetros necesarios para medir la fiabilidad de la estimación. Se presenta un modelo para la comparación de ofertas, desarrollado de manera que puede aplicarse en casos reales aplicando a los datos conocidos unas condiciones de variación que sean fáciles de establecer por los profesionales que realizan estas tareas. ABSTRACT: The comparison of the different bids in the tender for a project, with the traditional contract system based on unit rates open to and re-measurement, requires analysis tools that are able to discriminate proposals having a similar overall economic impact, but that might show a very different behaviour during the execution of the works. One situation not easily detected by traditional methods is the reaction of the actual cost to the changes in the exact quantity of works finally executed respect of the work estimated in the project. This paper intends to address this situation through the Monte Carlo method, a system of quantitative risk analysis. This procedure, as is known, is allows the input data defining the problem to vary some within well defined probability functions, generating a large number of test cases, the results being statistically treated to obtain the most probable final values, with the rest of the parameters needed to measure the reliability of the estimate. We present a model for the comparison of bids, designed in a way that it can be applied in real cases, based on data and assumptions that are easy to understand and set up by professionals who wish to perform these tasks.

A proposal for improving safety in construction projects by strengthening coordinators’ competencies in health and safety issues

The figure of the coordinator in health and safety issues in the construction sector first appeared in our legislation through the incorporation of the European Directives (in our case Royal Decree 1627/97 on the minimum health and safety regulations in construction works), and is viewed differently in different countries of the European Union regarding the way they are hired and their role in the construction industry. Coordinating health and safety issues is also a management process that requires certain competencies that are not only based on technical or professional training, but which, taking account of the work environment, require the use of strategies and tools that are related to experience and personal skills. Through a piece of research that took account of expert opinions in the matter, we have found which competencies need to be possessed by the health and safety coordinator in order to improve the safety in the works they are coordinating. The conclusions of the analyses performed using the appropriate statistical methods (comparing means and multivariate analysis techniques), will enable training programmes to be designed and ensure that the health and safety coordinators selected have the competencies required to carry out their duties.

A proposal for improving safety in construction projects by strengthening coordinators’ competencies in health and safety issues

The figure of the coordinator in health and safety issues in the construction sector first appeared in our legislation through the incorporation of the European Directives (in our case Royal Decree 1627/97 on the minimum health and safety regulations in construction works), and is viewed differently in different countries of the European Union regarding the way they are hired and their role in the construction industry. Coordinating health and safety issues is also a management process that requires certain competencies that are not only based on technical or professional training, but which, taking account of the work environment, require the use of strategies and tools that are related to experience and personal skills. Through a piece of research that took account of expert opinions in the matter, we have found which competencies need to be possessed by the health and safety coordinator in order to improve the safety in the works they are coordinating. The conclusions of the analyses performed using the appropriate statistical methods (comparing means and multivariate analysis techniques), will enable training programmes to be designed and ensure that the health and safety coordinators selected have the competencies required to carry out their duties.

Infrastructure Finance in Developing Countries by State and Multilateral Development Banks

Infrastructure concession is an alternative widely used by governments to increase investment. In the case of the road sector, the main characteristics of the concessions are: long-term projects, high investments in the early years of the contract and high risks. A viability analysis must be carried out for each concession and consider the characteristics of the project. When the infrastructure is located in a developing country, political and market growth uncertainties should be add in the concession project analysis, as well as economic instability, because they present greater risks. This paper is an analysis of state bank participation in road infrastructure finance in developing countries. For this purpose, we studied road infrastructure financing and its associated risks, and also the features of developing countries. Furthermore, we considered the issue of state banks and multilateral development banks that perform an important role by offering better credit lines than the private banks, in terms of cost, interest and grace period. Based on this study, we analyzed the Brazilian Development Bank - BNDES – and their credit supply to road infrastructure concessions. The results show that BNDES is the main financing agent for long-term investment in the sector, offering loans with low interest rates in Brazilian currency. From this research we argue that a single state bank should not alone support the increasing demand for finance in Brazil. Therefore, we conclude that there is a need to expand the supply of credit in Brazil, by strengthening private banks in the long-term lending market.

Los agentes de la edificación desde el punto de vista de la Gestión Integral de Proyectos: diferencias y semejanzas entre la Legislación Española y los Estándares Internacionales = Expert agents in the Global Development of a building project: differences and similarities between Spanish and International contexts.

Desde los años 60, crece en Europa y Estados Unidos la preocupación y la necesidad de mejorar los procesos de gerencia de los proyectos de construcción al volverse estos más complejos. Esto ha llevado a la continua aparición de nuevos profesionales desde la fecha citada hasta nuestros días. De ahí la complejidad de conocer las cualidades de cada uno de ellos, así como las funciones a realizar o la formación que deben tener para poder desarrollar el puesto de trabajo según el papel que desempeñan para cada actividad. Muchos agentes son los que pueden intervenir en la edificación, muchas son las funciones que llevan a cabo estos agentes, muchas son las habilidades que se necesitan para realizar estas misiones, y una buena gestión de la edificación es la que hay que desarrollar para lograr el gran éxito. El presente trabajo fin de máster, dirigido a arquitectos, arquitectos técnicos, ingenieros, abogados, economistas y todos los profesionales del sector inmobiliario y de la construcción, trata de resolver todas aquellas dudas sobre los diferentes sujetos que estarán presentes desde la definición del proyecto en la fase inicial hasta el final de la obra, pasando por las fases de pre-construcción, construcción y post-construcción. (ENGLISH VERSION) Since the 1960s, most construction projects have become more and more complex, and new concerns and necessities related to the management of a project have been on the rise in Europe and in the United States. Thence, the need for more specialized professionals in the field has become a common fact, as well as the inclusion of new curricular subjects in most building engineering studies. There are different agents that play a relevant role in a building project; some of them are expected to perform a highly specialized set of functions that require specific management skills for the work to be successful. This research work—aimed mainly at engineers, quantity surveyors, lawyers, economists, real estate and construction professionals—shows the major implications of the building construction process including both pre-tender/construction and post-tender/construction stages as far as the main expert agents are involved.