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Application of Industry4.0 Tools: Integrated Building Site Payment Management Portal for Construction Works

Amusan, Lekan and Terdoo, Andrea and Aigbavboa, Clinton (2022) Application of Industry4.0 Tools: Integrated Building Site Payment Management Portal for Construction Works. In: Cognitive Computing and Internet of Things.

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Abstract

Managing construction site financial engagement is one of prerequisite of an effective site management system. In recent times, Building informatics concept has been useful in developing state of art equipment and process. In this study therefore, building informatics integrated system was generated, which could be adapted to financial management purpose on site. The research was carried out using qualitative research method; qualitative research method involved the use of structured questionnaire developed in Likert scale 1 to 5. Therefore with the aid of purposive sampling method, sixty (60) samples were picked comprising of construction professionals. Construction professional constitute the nucleus of the respondents. The statistical inference was carried out on the data with Relative agreement Index and presented in tables. Qualitative method was used to develop the proposed integrated system. The study developed an integrated system that could assist in overcoming the negative vices of payment on site. The following task was carried out in line with aim of the study: identification of existing web-based financial platform, critical success factor in deployment of payment interface, methods of preventing financial conflict on site, challenges of web- interface, critical success factor in deployment of payment interface, identification of strengths and weaknesses of existing web-based financial platforms, among others. The interface can help solve basic problem about financial payment difficulty on site. The direction of choice should be in automating different aspect of building and construction for maximum productivity. The system that was developed in the context of this study can help prevent cost overrun on site, payment conflict, and delay payment among others.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Informatics, Exploration, Approach, Integration, Payment, Construction
Subjects: T Technology > TH Building construction
Divisions: Faculty of Engineering, Science and Mathematics > School of Civil Engineering and the Environment
Depositing User: nwokealisi
Date Deposited: 08 Jun 2023 11:24
Last Modified: 08 Jun 2023 11:24
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/16992

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