Executive Decision-Making in High-Value Construction Projects: A Management-Oriented Analysis of Budget Optimization and Resource Allocation

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@article{1713649,
      author = {Furkan Demircioglu},
      title = {Executive Decision-Making in High-Value Construction Projects: A Management-Oriented Analysis of Budget Optimization and Resource Allocation},
      journal = {Iconic Research And Engineering Journals},
      year = {2025},
      volume = {8},
      number = {8},
      pages = {1009-1020},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1713649.pdf},
      abstract = {Smart and eco-green building projects represent a rapidly growing segment of the global construction industry, driven by advances in digital technologies, sustainability imperatives, and evolving stakeholder expectations. These projects combine intelligent building systems with environmentally responsible design and performance goals, creating a level of complexity that exceeds the capacity of traditional construction management approaches. The integration of smart technologies and eco-green objectives introduces new forms of uncertainty, interdependency, and risk that must be actively managed throughout the project lifecycle. This paper argues that innovation in smart and eco-green building projects is primarily a construction management challenge rather than a purely technological one. While technical systems and green solutions are essential, their successful implementation depends on managerial decisions related to integration, coordination, governance, and leadership. The study critiques conventional project delivery models that treat smart technologies and sustainability as isolated design features and instead emphasizes the need for innovative management approaches that align technological and environmental objectives with project strategy. The paper proposes a construction management perspective that positions innovation as a process-driven and leadership-enabled capability. It explores how construction managers can balance smart system integration with eco-green performance targets through lifecycle-oriented planning, risk-based decision-making, and adaptive governance structures. A conceptual framework is introduced to support integrated decision-making and to guide construction managers in navigating the trade-offs inherent in smart and eco-green building projects. This study contributes to construction management literature by reframing smart and eco-green buildings as catalysts for management innovation. It offers practical insights for construction managers, developers, and policymakers seeking to deliver intelligent and sustainable buildings through innovative, management-centered approaches.},
      keywords = {Innovative Construction Management, Smart Building Projects, Eco-Green Construction, Sustainable and Intelligent Buildings, Construction Management Innovation},
      month = {February},
      doi = {https://doi.org/10.64388/IREV8I8-1713649}
  }