Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021

Ricardo Martin Layza Mendiola; Luis Alex Alzamora de los Godos Urcia; Jully Pahola Calderón Saldaña; Andrés Sotil Chávez; Hector Hugo Sánchez Carlessi; Fiorella Sthefany Valladolid Marcos; Javier Alejandro Pineda Medina

doi:10.18687/LACCEI2024.1.1.100

Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021

Ricardo Martin Layza Mendiola
, Luis Alex Alzamora de los Godos Urcia
, Jully Pahola Calderón Saldaña
, Andrés Sotil Chávez
, Hector Hugo Sánchez Carlessi
, Fiorella Sthefany Valladolid Marcos
, Javier Alejandro Pineda Medina

Sección de Trabajo Social

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

The research endeavors to ascertain the initial categorization of Unified Indices for enhancing price realignments through polynomial formulas applied to road construction projects in Peru in the year 2021. The methodology outlined in Supreme Decree No. 011-79-VC was employed and juxtaposed with an optimization proposal addressing monthly realignments, deductions for work, and fluctuations in bids. The investigation encompassed three national road projects, extracting parameters from executed realignments. Findings revealed a robust correlation among the four parameters and the adjustments implemented. The Optimal grouping variable exhibited a considerably strong correlation for all three projects under examination (0.74, 0.996, 0.905). In conclusion, it is deduced that the optimum categorization of Unified Indices for price realignments involves considering monthly adjustments, applying pertinent deductions, and factoring in bid variations for the successful execution of road construction projects.

Original language	English
Title of host publication	Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology
Subtitle of host publication	Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024
Publisher	Latin American and Caribbean Consortium of Engineering Institutions
ISBN (Electronic)	9786289520781
DOIs	https://doi.org/10.18687/LACCEI2024.1.1.100
State	Published - 2024
Event	22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024 - Hybrid, San Jose, Costa Rica Duration: 17 Jul 2024 → 19 Jul 2024

Publication series

Name	Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN (Electronic)	2414-6390

Conference

Conference	22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024
Country/Territory	Costa Rica
City	Hybrid, San Jose
Period	17/07/24 → 19/07/24

Keywords

Preliminary grouping
Unified Indices
polynomial formula
price adjustments

Access to Document

10.18687/LACCEI2024.1.1.100

Cite this

Martin Layza Mendiola, R., Alex Alzamora de los Godos Urcia, L., Pahola Calderón Saldaña, J., Sotil Chávez, A., Hugo Sánchez Carlessi, H., Sthefany Valladolid Marcos, F., & Alejandro Pineda Medina, J. (2024). Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021. In Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology: Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024 (Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology). Latin American and Caribbean Consortium of Engineering Institutions. https://doi.org/10.18687/LACCEI2024.1.1.100

Martin Layza Mendiola, Ricardo ; Alex Alzamora de los Godos Urcia, Luis ; Pahola Calderón Saldaña, Jully et al. / Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021. Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology: Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024. Latin American and Caribbean Consortium of Engineering Institutions, 2024. (Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology).

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title = "Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021",

abstract = "The research endeavors to ascertain the initial categorization of Unified Indices for enhancing price realignments through polynomial formulas applied to road construction projects in Peru in the year 2021. The methodology outlined in Supreme Decree No. 011-79-VC was employed and juxtaposed with an optimization proposal addressing monthly realignments, deductions for work, and fluctuations in bids. The investigation encompassed three national road projects, extracting parameters from executed realignments. Findings revealed a robust correlation among the four parameters and the adjustments implemented. The Optimal grouping variable exhibited a considerably strong correlation for all three projects under examination (0.74, 0.996, 0.905). In conclusion, it is deduced that the optimum categorization of Unified Indices for price realignments involves considering monthly adjustments, applying pertinent deductions, and factoring in bid variations for the successful execution of road construction projects.",

keywords = "Preliminary grouping, Unified Indices, polynomial formula, price adjustments",

author = "\{Martin Layza Mendiola\}, Ricardo and \{Alex Alzamora de los Godos Urcia\}, Luis and \{Pahola Calder{\'o}n Salda{\~n}a\}, Jully and \{Sotil Ch{\'a}vez\}, Andr{\'e}s and \{Hugo S{\'a}nchez Carlessi\}, Hector and \{Sthefany Valladolid Marcos\}, Fiorella and \{Alejandro Pineda Medina\}, Javier",

note = "Publisher Copyright: {\textcopyright} 2024 Latin American and Caribbean Consortium of Engineering Institutions. All rights reserved.; 22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024 ; Conference date: 17-07-2024 Through 19-07-2024",

year = "2024",

doi = "10.18687/LACCEI2024.1.1.100",

language = "English",

series = "Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology",

publisher = "Latin American and Caribbean Consortium of Engineering Institutions",

booktitle = "Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology",

}

Martin Layza Mendiola, R, Alex Alzamora de los Godos Urcia, L, Pahola Calderón Saldaña, J, Sotil Chávez, A, Hugo Sánchez Carlessi, H, Sthefany Valladolid Marcos, F & Alejandro Pineda Medina, J 2024, Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021. in Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology: Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024. Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology, Latin American and Caribbean Consortium of Engineering Institutions, 22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024, Hybrid, San Jose, Costa Rica, 17/07/24. https://doi.org/10.18687/LACCEI2024.1.1.100

Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021. / Martin Layza Mendiola, Ricardo; Alex Alzamora de los Godos Urcia, Luis; Pahola Calderón Saldaña, Jully et al.
Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology: Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024. Latin American and Caribbean Consortium of Engineering Institutions, 2024. (Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021

AU - Martin Layza Mendiola, Ricardo

AU - Alex Alzamora de los Godos Urcia, Luis

AU - Pahola Calderón Saldaña, Jully

AU - Sotil Chávez, Andrés

AU - Hugo Sánchez Carlessi, Hector

AU - Sthefany Valladolid Marcos, Fiorella

AU - Alejandro Pineda Medina, Javier

PY - 2024

Y1 - 2024

N2 - The research endeavors to ascertain the initial categorization of Unified Indices for enhancing price realignments through polynomial formulas applied to road construction projects in Peru in the year 2021. The methodology outlined in Supreme Decree No. 011-79-VC was employed and juxtaposed with an optimization proposal addressing monthly realignments, deductions for work, and fluctuations in bids. The investigation encompassed three national road projects, extracting parameters from executed realignments. Findings revealed a robust correlation among the four parameters and the adjustments implemented. The Optimal grouping variable exhibited a considerably strong correlation for all three projects under examination (0.74, 0.996, 0.905). In conclusion, it is deduced that the optimum categorization of Unified Indices for price realignments involves considering monthly adjustments, applying pertinent deductions, and factoring in bid variations for the successful execution of road construction projects.

AB - The research endeavors to ascertain the initial categorization of Unified Indices for enhancing price realignments through polynomial formulas applied to road construction projects in Peru in the year 2021. The methodology outlined in Supreme Decree No. 011-79-VC was employed and juxtaposed with an optimization proposal addressing monthly realignments, deductions for work, and fluctuations in bids. The investigation encompassed three national road projects, extracting parameters from executed realignments. Findings revealed a robust correlation among the four parameters and the adjustments implemented. The Optimal grouping variable exhibited a considerably strong correlation for all three projects under examination (0.74, 0.996, 0.905). In conclusion, it is deduced that the optimum categorization of Unified Indices for price realignments involves considering monthly adjustments, applying pertinent deductions, and factoring in bid variations for the successful execution of road construction projects.

KW - Preliminary grouping

KW - Unified Indices

KW - polynomial formula

KW - price adjustments

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DO - 10.18687/LACCEI2024.1.1.100

M3 - Conference contribution

AN - SCOPUS:85203808274

T3 - Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology

BT - Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology

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Martin Layza Mendiola R, Alex Alzamora de los Godos Urcia L, Pahola Calderón Saldaña J, Sotil Chávez A, Hugo Sánchez Carlessi H, Sthefany Valladolid Marcos F et al. Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021. In Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology: Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024. Latin American and Caribbean Consortium of Engineering Institutions. 2024. (Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology). doi: 10.18687/LACCEI2024.1.1.100

Initial Categorization of Consolidated Indices for Enhancing Price Adjustments in Road Construction Projects for the Year 2021

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