A conceptual performance measurement framework for construction industry

Download

index.pdf

Date

2009

Author

Işık, Zeynep

Metadata

Show full item record

Item Usage Stats

345
views

189
downloads

The performance assessment done by objective measures have now been replaced with subjective measures. Within the context of this research; interdependencies between a construction company’s “resources and capabilities”, “project management capabilities”, “strategic decisions”, “strength of relationships with other parties” and “external factors” with “project performance” and “company performance” were investigated from a resource based perspective which put forward intangible assets of the company. To achieve the objectives, a questionnaire survey was administered to 73 Turkish contractors and the data obtained from 354 projects that were held during the last five years were analyzed using structural equation modeling (SEM). It was hypothesized in this study that construction company performance is influenced by the resources and capabilities within the company, the long-term and short-term strategies adopted by the company, the strength of the relationships of the company with other parties involved in construction projects, external factors and project management competencies. A structural equation model was set up to measure the seven latent variables through their constituent variables and to see if the hypothesized relationships exist. Based on the findings of this study, it can be concluded that, this research has introduced a method to measure performance both in subjective (qualitative) and the objective (quantitative) terms. The strong path coefficients between the constructs of the model are an indication that, after decades in pursuit of finding ways to improve the performance of construction companies, subjective dimensions of performance have proven to be as effective as the traditional objective dimensions.

Subject Keywords

Civil engineering.

URI

http://etd.lib.metu.edu.tr/upload/12611240/index.pdf
https://hdl.handle.net/11511/19123

Collections

Graduate School of Natural and Applied Sciences, Thesis

Suggestions

OpenMETU
Core

A risk and vulnerability ontology for construction projects Fidan , Gülşah; Birgönül, Mustafa Talat; Department of Civil Engineering (2008) Risk is an uncertain event which will cause deviation in pre-defined objectives, if it occurs. Risk management aims to identify risks, quantify their impacts and develop strategies to mitigate them to ensure project success. Within the context of risk management studies, risk models are usually designed to simulate the project performance under various scenarios. For risk modeling, the statistical link between the risk events and their consequences is scrutinized. However, this approach has a limitation as ...
A probabilistic schedule delay analysis in construction projects by using fuzzy logic incorporated with relative importance index (RII) method Özdemir, Mustafa; Gündüz, Murat; Department of Civil Engineering (2010) The aim of this thesis is to propose a decision support tool for contractors before the bidding stage to quantify the probability of schedule delay in construction projects by using fuzzy logic incorporated with relative importance index (RII) method. Eighty three (83) different schedule delay factors were identified through detailed literature review and interview with experts from a leading Turkish construction company, then categorized into nine (9) groups and visualized by utilizing Ishikawa (Fish Bone)...
Dynamic characteristics and performance assessment of reinforced concrete structural walls Kazaz, İlker; Gülkan, Polat; Department of Civil Engineering (2010) The analytical tools used in displacement based design and assessment procedures require accurate strain limits to define the performance levels. Additionally, recently proposed changes to modeling and acceptance criteria in seismic regulations for both flexure and shear dominated reinforced concrete structural walls proves that a comprehensive study is required for improved limit state definitions and their corresponding values. This is due to limitations in the experimental setups, such that most previous...
Developing a strategic information system for construction companies Güneş, Tanyeli; Dikmen Toker, İrem; Department of Civil Engineering (2008) Problems and issues at project level have been the main concern of the construction management studies and construction professionals. Consequently, the long-term strategic issues at corporate level remained uncovered in construction companies. The complex and unique characteristics of the industrial context of construction also limited the adoption of strategic management concepts by the companies. Recently, however, changing business environment, increasing competition in construction arena and higher cli...
Development of of a safety performance index assessment tool by using a fuzzy structural equation model for construction sites Gunduz, Murat; Birgönül, Mustafa Talat; Ozdemir, Mustafa (Elsevier BV, 2018-01-01) The main goal of this study is to propose a safety performance index assessment tool to improve the construction safety. Formulation of the safety performance index of construction sites is achieved upon a validated multidimensional safety performance model. The contribution of this study could be summarized as incorporation of fuzzy set theory into structural equation modeling to develop a safety performance index assessment software tool. Case studies were conducted at 11 international construction sites ...

Citation Formats

Z. Işık, “A conceptual performance measurement framework for construction industry,” Ph.D. - Doctoral Program, Middle East Technical University, 2009.