Contractor’s Perspective on Key Performance Indicators of Cost Control in Asian, Middle Eastern, and European Construction Projects

2020 ◽  
pp. 1-17
Author(s):  
B. A. K. S. Perera ◽  
C.S.R. Perera ◽  
C. Jayalath
Keyword(s):  
Performance Indicators ◽  
Construction Projects ◽  
Cost Control ◽  
Middle Eastern ◽  
Key Performance Indicators

Relative Importance of Key Performance Indicators of Construction Projects towards Buildability at Design Stage

2012 ◽  
Vol 446-449 ◽  
pp. 340-344
Author(s):  
Mehdi Nourbakhsh ◽  
Shaik Hussein Mydin ◽  
Rosli Mohamad Zin ◽  
Samaneh Zolfagharian ◽  
Javier Irizarry ◽  
...  
Keyword(s):  
Performance Indicators ◽  
Construction Projects ◽  
Key Performance Indicators ◽  
Design Stage ◽  
Relative Importance

Relative Importance of Key Performance Indicators of Construction Projects towards Buildability at Design Stage

2012 ◽  
Vol 446-449 ◽  
pp. 340-344
Author(s):  
Mehdi Nourbakhsh ◽  
Shaik Hussein Mydin ◽  
Rosli Mohamad Zin ◽  
Samaneh Zolfagharian ◽  
Javier Irizarry ◽  
...  
Keyword(s):  
Performance Indicators ◽  
Construction Projects ◽  
Key Performance Indicators ◽  
Performance Criteria ◽  
Design Stage ◽  
Relative Importance ◽  
Equal Importance ◽  
Building Process ◽  
The Common ◽  
Safety And Environment

Buildability seeks to improve efficiency of the overall building process by developing construction sensitive designs. The objective of this study is to investigate the relative importance of the key performance indicators of construction projects with respect to buildability at the design stage in the Malaysian construction industry. To achieve this objective, a questionnaire survey was distributed among key construction personnel to identify the most common buildability attributes in Malaysia. Then, an interview with eight construction professionals was conducted to compare the common buildability attributes with project performance criteria such as time, cost, quality, safety, and environment. The results reveal the equal importance of time and cost for buildability of the building, followed by quality, safety, and the environment.

scholarly journals Identification and Ranking of Key Performance Indicators in Building Construction Projects in Kenya

2021 ◽  
Vol 11 (1) ◽  
pp. 6668-6673
Author(s):  
M. Mbugua ◽  
P. O. Ajwang' ◽  
M. Winja
Keyword(s):  
Performance Indicators ◽  
Environmental Performance ◽  
Construction Projects ◽  
Performance Indicator ◽  
Key Performance Indicators ◽  
Building Construction ◽  
Relative Importance ◽  
Key Performance Indicator ◽  
Analytical Hierarchical Process ◽  
Pair Wise Comparison

Building construction projects suffer from many dangers such as cost and time overruns. A major reason for the failure of such projects is the lack of measurements of the construction performance. There is usually a disparity of judgment among the stakeholders when it comes to the perception of failure and success of a building construction project because it is based on personal indices. The aim of this study is to identify and rank the key performance indicators in their relative importance as a way to assist in building construction performance. A thorough literature review was conducted and 10 key performance indicators were identified. A questionnaire survey and interviews were used to collect data and the results were analyzed using the analytical hierarchical process, pair-wise comparison. As a result, the highest prioritized key performance indicator was safety, followed by time effectiveness and client satisfaction. The least prioritized key performance indicator was the environmental performance. The results of this paper may serve as a guideline in improving building construction projects.

scholarly journals Identifying and Measuring Engineering, Procurement, and Construction (EPC) Key Performance Indicators and Management Strategies

2019 ◽  
Vol 4 (2) ◽  
pp. 14 ◽  
Author(s):  
Mohammadreza Habibi ◽  
Sharareh Kermanshachi ◽  
Behzad Rouhanizadeh
Keyword(s):  
Performance Indicators ◽  
Construction Projects ◽  
Performance Indicator ◽  
Management Strategies ◽  
Decisive Role ◽  
Key Performance Indicators ◽  
Cost Overrun ◽  
Cost Performance ◽  
Change Orders ◽  
Schedule Performance

Delay and cost overrun in construction projects are two widespread problems that arouse practitioners’ and scholars’ concern. Therefore, the objective of this study was to identify Key Performance Indicators (KPIs) in each of Engineering, Procurement and Construction (EPC) phases separately and then calculate the weight impact that is associated with each of identified KPIs. Additionally, this study aimed to find the most appropriate Best Practices (BPs) for the identified phase-based indicators. Through a review of existing literature, a survey was developed to collect data from the completed construction projects. Various statistical methods, including two sample T-test and Kruskal-Wallis test, were utilized to analyze the data. Subsequently, Epsilon-Squared effect size method was applied to prioritize the identified KPIs. Since the lack of communication and slowness in decision making were found as the primary schedule Performance Indicators, schedule performance was identified to be highly affected by managerial approaches and actions. In addition, clients play a decisive role, because owner-driven change orders were found as the most crucial cost performance indicator affecting the performance of the engineering and construction phases. The outcome of this study helps practitioners and scholars to understand the phase-based cost and schedule KPIs, and appropriate mitigating strategies to improve the construction performance in EPC phases and save time and money.

Optimalisasi Key Performance Indicators (KPI) Melalui Pendekatan Balance Scorecard Upaya Mengimplementasikan Performance Management System (PMS) Pada Perguruan Tinggi

CCIT Journal ◽  
2012 ◽  
Vol 6 (1) ◽  
pp. 17-34
Author(s):  
Untung Rahardja ◽  
Muhamad Yusup Eva ◽  
Rosyifa Rosyifa
Keyword(s):  
Performance Indicators ◽  
Management System ◽  
Educational Institution ◽  
Key Performance Indicators ◽  
Individual Performance ◽  
The State ◽  
Public Institution ◽  
Performance Measurement System ◽  
Educational Institutions ◽  
Successful Implementation

SQL Server Reporting Services is a way to analyze data, create reports using the indicators and gauges. Indicators are minimal gauges that convey the state of a single data value at a glance, and most are used to represent the state of Key Performance Indicators. Manage and harmonize the performance of an institution's educational institutions, especially universities with the performance of individuals or resources, no doubt is one of the essential elements for the success of an entity of the institution. Integrate the performance of an educational institution with individual performance is not an easy process, and therefore required a systematic approach to manage it. Implementation of a strategic management system based Balanced Scorecard can be used as a performance measurement system that will continuously monitor the successful implementation of the strategy of any public educational institution and measure the performance of its resources in a comprehensive and balanced, not the quantity but the emphasis is more concerned with the quality, so the performance of educational institutions at any time can be known clearly. Contribution of Key Performance Indicators to manage and harmonize the performance of any public institution is a solution in providing information to realize the extent of work that has set targets, identify and monitor measures of success, of course, with performance indicators show a clear, specific and measurable.

Strategic planning in grassland farming: Principles andapplications

1997 ◽  
pp. 191-197
Author(s):  
W.J. Parker ◽  
N.M. Shadbolt ◽  
D.I. Gray
Keyword(s):  
Strategic Planning ◽  
Performance Indicators ◽  
Cost Effective ◽  
Key Performance Indicators ◽  
Strategic Plans ◽  
Effective Manner ◽  
Farm Business ◽  
Pastoral Farming ◽  
Financial Environment

Three levels of planning can be distinguished in grassland farming: strategic, tactical and operational. The purpose of strategic planning is to achieve a sustainable long-term fit of the farm business with its physical, social and financial environment. In pastoral farming, this essentially means developing plans that maximise and best match pasture growth with animal demand, while generating sufficient income to maintain or enhance farm resources and improvements, and attain personal and financial goals. Strategic plans relate to the whole farm business and are focused on the means to achieve future needs. They should be routinely (at least annually) reviewed and monitored for effectiveness through key performance indicators (e.g., Economic Farm Surplus) that enable progress toward goals to be measured in a timely and cost-effective manner. Failure to link strategy with control is likely to result in unfulfilled plans. Keywords: management, performance

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