scholarly journals Balanced system of indicators for the assessment of innovative construction projects efficiency

2019 ◽  
Vol 110 ◽  
pp. 02154 ◽  
Author(s):  
Saule Rakhimova ◽  
Kymbat Kunanbayeva ◽  
Lyudmila Goncharenko ◽  
Andrey Pigurin
Keyword(s):  
Construction Industry ◽  
National Economy ◽  
Construction Projects ◽  
Innovation Management ◽  
Renewable Energy Sources ◽  
Point Of View ◽  
Sustainable Construction ◽  
Technological Effectiveness ◽  
Key Driver

The role of innovations in the construction industry is considered in the article. In the conditions of transition of national economy to the innovative type of development, the indicators that allow estimating the efficiency of innovative activity, where the key aspect is the comprehensive assessment, are important. Innovative projects are especially relevant for the construction industry, which is the key driver of the national economy development. Sustainable construction ensures the development of industries, where innovative projects can partly solve the problems of creating renewable energy sources. The authors offer to expand the list of indicators for the assessment of the innovative project efficiency not only from the financial and investment point of view, but also taking into account quantitative and quality, scientific, technological, operational, marketing indicators, which often are not considered. The assessment of the innovative projects efficiency has to be the central link in the innovation management; so the authors offer to improve the system of the balanced indicators. The balanced system of indicators (BSI) is developed. It is planned to extend and to introduce BSI not only at the level of the enterprises, but also for all the types of economic activity according to their technological effectiveness.

scholarly journals Innovation Management in Polish Real Estate Developers in the Renewable Energy Sources Context

Energies ◽  
2021 ◽  
Vol 14 (6) ◽  
pp. 1702
Author(s):  
Marcin Sitek ◽  
Manuela Tvaronavičienė
Keyword(s):  
Renewable Energy ◽  
Housing Market ◽  
Innovation Management ◽  
Renewable Energy Sources ◽  
Significance Test ◽  
Sustainable Construction ◽  
Energy Sources ◽  
Computer Assisted ◽  
Global Trends ◽  
Implementation Of Innovations

This paper analyses innovative activities, including renewable energy sources (RES) in the housing market, the motivations for their introduction, effectiveness, benefits, limitations and management—which are open and current problems of Polish and international sustainable construction. This problem is part of a research gap concerning, among others, the role of developers and entities responsible for introducing energy innovations into housing construction. The aim of the paper is to analyse innovations, with particular emphasis on RES, introduced by residential developers in Poland in the context of global trends. The work is based on the results of surveys conducted among developers of the primary housing market. The research of 130 questionnaires received from entities such as multi-storey buildings and multi-family houses in Poland, was carried out on a nationwide sample using the CATI Computer Assisted Telephone Interview method. The results of the survey research were summarized by setting research hypotheses, which were verified using the significance test based on the Laplace normal distribution. The research conducted has shown that residential developers in Poland point at, among others, competitive pressures, concern about the quality of products and services offered, increasing market share or satisfaction and increasing customer requirements. This clearly shows that the implementation of innovation is perceived through the prism of increasing competitiveness. Furthermore, developers operating in the more competitive markets—nationwide and on the market of the five largest Polish cities, usually larger companies, showed a greater willingness and even the need to introduce innovation in their activities. In the study, developers as one of the barriers of introducing innovations, apart from the lack of adequate support, mainly from public entities in the field of, inter alia, appropriate law favouring the implementation of innovations and financial support, indicate difficulties of the client’s market manifested by the lack of knowledge and identification of needs in the field of innovation, and the lack of willingness to pay a higher price in regard to the product with higher innovation level. In the paper, the authors recommend developers, among others, to implement in the management process the identification of possible to implement innovations and the customers’ needs in innovations with education in the field of possible innovations and its benefits. The article indicates the need to intensify the implementation of innovations in housing projects in order to increase competitiveness and to meet the European Union’s requirement regarding the use of renewable energy sources.

scholarly journals Theoretical bases and approaches to increase of investment attractiveness of a building complex

2018 ◽  
Vol 212 ◽  
pp. 08002
Author(s):  
Vera Kudryavtseva
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
The State ◽  
Investment Policies ◽  
Leading Role ◽  
Regional Aspect ◽  
Important Direction ◽  
Regional Authorities ◽  
Investment Capacity

By its investment capacity and the range of social tissues to be solved, the construction industry is the most demanded by the state and society. The leading role of the construction complex is also determined by the fact that the final results can be achieved through analyzing the investment and construction complex in its regional aspect and implementing investment and construction programs and projects at the federal and regional levels. In this regard, the development of mechanisms to attract investment and ways to manage investment processes in the construction industry is the most important direction of the policy of the state and regional authorities. In this regard, it is required to clearly define and clarify the role of the regions in developing investment policies in order to increase the attractiveness of the regions’ economy for investing in the long-term perspective, since investments are the stimulus for the economic development of industries. Investments in the construction complex should become the basis for bringing the industry to a new level of development, combining public, social, and commercial interests. The investment component helps to determine the volume, structure, and sources of financing for construction projects. Therefore, it is necessary to conduct an econometric assessment of the territories in terms of investment and construction volumes.

scholarly journals Role of Knowledge in Management of Innovation

Resources ◽  
2019 ◽  
Vol 8 (2) ◽  
pp. 87
Author(s):  
Yury Nurulin ◽  
Inga Skvortsova ◽  
Iosif Tukkel ◽  
Marko Torkkeli
Keyword(s):  
Decision Making ◽  
Innovation Management ◽  
Rapid Development ◽  
Innovation Process ◽  
Integrated Approach ◽  
Point Of View ◽  
Organizational Resource ◽  
Development Processes ◽  
Systemic Understanding

Knowledge has always been, and still is, a crucial source of economy. However, during the past few years we have seen a growing interest in treating knowledge as a significant organizational resource for innovation. This trend coincides with the rapid development of ICT, indicating the strong influence that ICTs have on the processes of creating, disseminating, and using knowledge. At present, issues of innovation management and knowledge management are studied independently, which creates a certain gap in the systemic understanding of the innovation development processes. The paper proposes an integrated approach to the issues mentioned. The hierarchy and taxonomy of knowledge are considered from the point of view of their influence on decision-making at different stages of the innovation lifecycle. Our proposition complements and contributes to several recent models of decision-making developed in the frame of the innovation process.

scholarly journals An Application of Analytic Hierarchy Process (AHP) for Sustainable Procurement of Construction Equipment: Multicriteria-Based Decision Framework for Malaysia

2019 ◽  
Vol 2019 ◽  
pp. 1-20 ◽  
Author(s):  
Muhammad Waris ◽  
Shrikant Panigrahi ◽  
Abdullah Mengal ◽  
Mujeeb Iqbal Soomro ◽  
Nayyar Hussain Mirjat ◽  
...  
Keyword(s):  
Construction Industry ◽  
Life Cycle Cost ◽  
Construction Projects ◽  
Sustainable Construction ◽  
Construction Equipment ◽  
P System ◽  
Bottom Line ◽  
Sustainable Procurement ◽  
Selection Framework ◽  
Hierarchy Process

Sustainable procurement is an emerging theme in the construction industry across the globe. However, organizations in the construction industry often encounter impediments in improving environmental performance in construction projects, especially in procurement. Besides its other facets, procurement of construction equipment is inherited to be capital-intensive and vital for managing environmental concerns associated with built environment projects. In this regard, selection criteria in such procurement processes are generally supportive of considering cost and engineering specifications as key parameters. However, sustainability apprehensions in today’s Malaysian construction industry have mounted pressure on industry professionals to rethink their equipment acquisition strategies. The notion of green or sustainable procurement is still infancy for the Malaysian construction industry and facing challenges for embedding it in the current procurement practices. This research aims to address these apprehensions by considering six main criteria, namely, life cycle cost (LCC), performance (P), system capability (SC), operational convenience (OC), environmental impact (EI), and social benefits (SBs), and their 38 subcriteria towards procurement of sustainable construction equipment. A multicriteria-based equipment selection framework on the triple bottom line of sustainability in the context of the Malaysian construction industry has been developed and tested. The application of analytical hierarchy process (AHP) established the sustainable procurement index with a consistent sensitivity analysis results. As such, the proposed procurement index shall help decision-makers in the process of the acquisition of sustainable construction equipment in Malaysia.

AN ENTROPY-BASED STUDY ON THE EFFECTIVENESS OF PREFABRICATION IN ACHIEVING SUSTAINABLE CONSTRUCTION

2016 ◽  
Vol 3 (2) ◽  
Author(s):  
Peter S. P. Wong ◽  
Luke Edmonson ◽  
Michael Phillip Kanellopoulos
Keyword(s):  
Construction Industry ◽  
Energy Efficient ◽  
Construction Projects ◽  
Carbon Materials ◽  
Sustainable Construction ◽  
Project Delivery ◽  
Design Stage ◽  
Construction Process ◽  
Industry Survey ◽  
Ranking Analysis

Prefabrication has been widely adopted in the construction projects in recent years. It has also been advocated as a greener and more sustainable approach of project delivery. However, with a wealth of evidence supporting other reasons as the drivers of using prefabrication, it is questionable whether the real goal of prefabrication is to achieve sustainable construction. This study aims to investigate the roles of prefabrication in fostering sustainable construction. The effectiveness of prefabrication on fostering sustainable construction was evaluated on the five aspects enlisted by the UK’s Green Construction Board: Waste, Water, Carbon, Materials, and Biodiversity. An industry survey was conducted in Melbourne, Australia for data collection. 200 questionnaires were sent via email or post to a variety of fields within the construction industry. Entropy ranking analysis was adopted to analyze the effectiveness of using prefabrication in construction. The results suggest that prefabrication is effective in reducing construction waste and sourcing energy efficient materials. However, the utilization of prefabrication was found unsuccessful in reducing carbon emissions during the construction process. It is suggested that proactive actions should be taken at the design stage to unleash the potential of prefabrication in construction.

Organizational leadership role in the delivery of sustainable construction projects in UK

2015 ◽  
Vol 5 (2) ◽  
pp. 154-169 ◽  
Author(s):  
Alex Opoku ◽  
Heather Cruickshank ◽  
Vian Ahmed
Keyword(s):  
Construction Industry ◽  
Organizational Leadership ◽  
Structured Interview ◽  
Leadership Role ◽  
Sustainable Construction ◽  
Clear Understanding ◽  
Content Type ◽  
Construction Organizations ◽  
Sustainability Practices

Purpose – Sustainable construction project delivery should be supported by committed and inspirational leadership, with a clear understanding of the sustainability challenge. Construction organizations need intra-organizational leadership that provides the collective vision, strategy and direction towards the shared common goal of a sustainable future. The purpose of this paper is to examine the role of intra-organizational leadership within UK construction organizations charged with the promotion of sustainability practices. Design/methodology/approach – The study adopts a mixed method approach with qualitative data collected through semi-structured interview with 15 leaders, followed by an industry-wide survey of 200 intra-organizational leaders in contractor and consultant organizations in the UK construction industry. Findings – The analysis of the data revealed that, the most important role of intra-organizational leadership in promoting sustainable construction practices is to formulate policies, implement procedures and disseminate best practices throughout the organization . Originality/value – Nothing has been written on intra-organizational leadership role in promoting sustainability practices in the construction industry. Although leadership and sustainability has been widely covered as separate issues this study provides the empirical evidence of the link between leadership and sustainability in construction.

Embracing sustainability practices in UK construction organizations

2014 ◽  
Vol 4 (1) ◽  
pp. 90-107 ◽  
Author(s):  
Alex Opoku ◽  
Vian Ahmed
Keyword(s):  
Built Environment ◽  
Construction Industry ◽  
Construction Projects ◽  
Structured Interview ◽  
Sustainable Construction ◽  
Organizational Leaders ◽  
Content Type ◽  
Construction Organizations ◽  
Sustainability Practices ◽  
The Uk

Purpose – Adopting sustainable construction practices minimizes the overall environmental impact of the built asset throughout its whole life. Currently, there is demand from key stakeholders in the construction industry for organization to deliver sustainable built environment, however, leaders/champions within construction organizations charged with the adoption of sustainable construction practices face many challenges. The purpose of this paper is to present the results of an investigation into the challenges facing intra-organizational leaders charged with the promotion of sustainable construction practices. Design/methodology/approach – Qualitative data were collected through semi-structured interview with 15 leaders, followed by an industry-wide survey of 200 intra-organizational leaders in contractor and consultant organizations in the UK construction industry. Findings – The results revealed that increased capital cost is the most significant challenge facing construction organizations in attempt to adopt sustainability practices in the delivery of construction projects. Originality/value – This study provides the empirical evidence linking leadership within construction organizations and sustainability; filling the gap in literature and serving as a source of reference material for higher education programmes in the built environment.

scholarly journals Factors of Failure of the Iraqi Banking System in the Implementation of the Decisions of the Basel Committee

2018 ◽  
Vol 4 (1) ◽  
pp. 161-166
Author(s):  
Jasim Mohammed Mushib Janabi ◽  
Zainab Husham Qasim Al-Rikabi
Keyword(s):  
Economic System ◽  
Financial Institutions ◽  
National Economy ◽  
Banking System ◽  
Point Of View ◽  
The Other ◽  
Modern World ◽  
Basel Committee

Abstract The role of the banking system is very important and sensitive in any inquisitive system in our modern world, because it is the other side of this economy in exchange for real activities and the great crossroads of the efficiency of the economic system and the legitimacy of its organizations according to the basic objectives of each national economy in any society. Based on this importance above, the importance of applying the banking system to the rules and decisions of the Basel Committee in all its copies, which can ensure that the banking system could avoid the risks that can lead to the entry into crises and serious intransigence. This paper seeks to provide a broad presentation of the possibilities of application of the Iraqi banking system to the decisions of the Basel Committee and seeks to provide a presentation of obstacles and factors that led to the failure of the Iraqi banking system to implement the decisions of the Basel Committee in all copies and both internal and external. This paper also seeks to look at the possibility of adapting the banking system in order to comply with the requirements of the implementation of Basel decisions from an economic and financial point of view represented by the views of economists and financial institutions inside and outside this body.

scholarly journals BIM Adoption and Its Impact on Planning and Scheduling Influencing Mega Plan Projects- (CPEC-) Quantitative Approach

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Ahsan Nawaz ◽  
Xing Su ◽  
Ibrahim Muhammad Nasir
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Positive Impact ◽  
Information Modeling ◽  
Planning And Scheduling ◽  
Building Information ◽  
Efficient Planning ◽  
Shed Light ◽  
Schedule Development

The construction projects in Pakistan have inherent problems of erroneous planning and schedule development. This dilemma has led to the failure of the majority of construction projects in Pakistan. Earlier researches have tried to curtail the increasing spectrum of inaccurate planning and schedule development. But not many research studies have shed light on the major factor of 2D CAD drawings interpretation problems, which are playing a key role in defective planning and scheduling. Moreover, the role of BIM, i.e., Building Information Modeling with respect to efficient planning, has not been also discussed in detail. This study has concluded a positive impact of BIM on effective planning and scheduling in the construction industry of Pakistan. About 210 responses were obtained from experienced construction professionals of Pakistan and tested via regression analysis in order to validate this argument. It has been analyzed that 2D CAD drawings are now getting primitive and 3D technology BIM is taking its place. BIM is an efficient tool for planning and scheduling. With the start of CPEC and Multi-Billion Dollar investment on infrastructure, construction industry of Pakistan needs to uplift its existing standard in order to meet with international requirements. For this purpose, BIM has been recommended. It will not only assist in attaining flawless planning but will also increase the success rate of CPEC projects in Pakistan.

Exploring the benefits of cloud computing for sustainable construction in Nigeria

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ayodeji Emmanuel Oke ◽  
Ahmed Farouk Kineber ◽  
Ibraheem Al-Bukhari ◽  
Ibukun Famakin ◽  
Chukwuma Kingsley
Keyword(s):  
Cloud Computing ◽  
Construction Industry ◽  
Data Storage ◽  
Construction Projects ◽  
Situational Awareness ◽  
Sampling Technique ◽  
Project Planning ◽  
Sustainable Construction ◽  
Content Type ◽  
Related Data

Purpose Cloud computing is one of the digitalization principles used in some sectors like banking, health and construction industry. This paper aims to examine the benefits of applying cloud computing for construction sustainability in Nigeria. Design/methodology/approach The cloud computing benefits-related data were retrieved from previous studies and complemented with a questionnaire survey to obtain data from stakeholders involved in the execution of construction projects in Lagos State, Nigeria, through a convenient sampling technique. In addition, the relative importance index (RII) technique was used to investigate the acquired data. At the same time, analysis was accomplished using exploratory factor analysis (EFA). Findings indicated that numerous benefits could be derived by adopting cloud computing in the Nigerian construction industry. Findings The findings from RII analysis showed the significant benefits of data storage ubiquity (i.e. location independence), high situational awareness, team collaboration, compatibility with advanced production facilities and improved project planning. Furthermore, the analysis of these benefits was conducted using EFA for the four construction maxims: construction productivity, back-office activities, design management and billing. Originality/value This research illustrated the benefits of cloud computing in achieving a successful construction project. Besides, these findings are not only useful for achieving sustainable construction in Nigeria but also applicable to many developing countries.

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