scholarly journals Identify the Appropriate Key Performance Indicators for Evaluating the Performance of Construction Companies in Iraq

2018 ◽  
Vol 7 (4.20) ◽  
pp. 459
Author(s):  
Ali S. Tofan ◽  
Hatem K. Breesam

After 2003, Iraqi market has been opened in front of the world. Many of international companies have entered to the Iraqi construction market. This has led to high competition between construction companies, especially the governmental companies under the Ministry of Construction and Housing. Competition has put a strong pressure on the construction companies to continuously improve their performance. There has been a lot of research for measuring performance at the project's level, but there is a clear lack of research on the performance measurement at the companies' level. The current method of performance evaluation is relying solely on financial indicators, which cannot be the only factor for evaluating performance. Other indicators such as customer's satisfaction, work efficiency, effective planning, etc. have become of great importance to the company success. The research aims are to identify the appropriate set of key performance indicators to measure the performance of construction companies in Iraq. A questionnaire forms have been distributed which includes main performance indicators that derived from the previous studies which affect the construction companies. in conclusion, 10 KPIs selected for the construction companies that can be the start point to make a comprehensive framework for the construction companies in Iraq.  

2020 ◽  
Vol 73 (1) ◽  
pp. 203-208
Author(s):  
Alliance Kubayi ◽  
Abel Toriola

AbstractSoccer is the most popular sport in the world. Despite this global popularity, European teams in contrast to African ones, have dominated the Fédération Internationale de Football Association (FIFA) World Cup tournaments for many decades. Therefore, the aim of this study was to examine the performance indicators that differentiated between African and European teams in the 2018 FIFA World Cup. Thirty matches played by five European (n = 15) and five African teams (n = 15) from the group stages of the World Cup were analysed using the InStat video system. The results showed that European teams had higher averages than African teams on the following performance variables: total shots, shots on target, goals scored from open play and set pieces, ball possession, short passes, medium passes, total passes, accurate passes and corner kicks. Therefore, soccer coaches should take note of these findings as they could serve as a benchmark for African teams to set trends and improve their performance at FIFA World Cup tournaments.


2020 ◽  
Vol 5 (11) ◽  
pp. 94
Author(s):  
Daniel Bassey ◽  
Ben Ngene ◽  
Isaac Akinwumi ◽  
Victor Akpan ◽  
Gideon Bamigboye

Across the world, ballasted railway tracks are utilised extensively due to their cost efficiency, ease of drainage, and capacity to withstand cyclic imposed loadings from heavy trains. In spite of these benefits, the ballast is often considered as a flexible medium; as such, its continuous deterioration is largely disregarded. Geotechnical challenges such as ballast contamination in the form of particle fragmentation, deposition of weathered materials, upward pumping of clay and fines from underlayers, and coal intrusion have led to differential settlements and reduced drainability of tracks, thereby exacerbating track maintenance costs. This study reviews existing works of literature to expound on the mechanisms for ballast contamination and to highlight the fundamental parameters that guide the characterisation and performance evaluation of railway ballasts. The study shows that ballast fragmentation accounts for about 76% of commonly recorded contaminations, while it is also observed as the most critical to track stability. As such, a variety of indices and specifications for ballast gradation have been established worldwide to guide practice in ballast characterisation and performance evaluation. However, the mechanisms of ballast fragmentation and deterioration require further research to guide the improvement of contemporary guidelines, and mitigate the risk of abrupt track failures, especially in developing countries.


2018 ◽  
Vol 33 ◽  
pp. 03007 ◽  
Author(s):  
Igor Ilin ◽  
Svetlana Shirokova ◽  
Aleksandr Lepekhin

Labor efficiency and productivity of employees is an important aspect for the environment within any type of organization. This is particularly crucial factor for the companies, if which operations are associated with physical labor, such as construction companies. Productivity and efficiency are both very complicated concepts and a huge variety of methods and approaches to its analysis can be implemented within the organization. Despite that, it is important to choose the methods, which not only analyze the key performance indicators of employee, but take into account personal indicators, which might affect performance even more than professional skills. For this complicated analysis task it is important to build IT solution for tracking and analyzing of the labor effectiveness. The concept for designing this IT solution is proposed in the current research.


2021 ◽  
Vol 8 (11) ◽  
pp. 175-190
Author(s):  
Harwin Wardhana Dirapradja ◽  
Arief Daryanto ◽  
Lukman M. Baga

Competing companies not only increase in terms of the number of competitors, but also in terms of the intensity of competition. Today many companies use traditional measurement systems, in such systems there are still shortcomings in providing the information needed to measure and manage all the competencies that can trigger a company's competitive advantage. Given the current business competition environment that is so tight, Bank Mandiri certainly needs a precise performance measurement system that can provide a point of view on the business as a whole in order to compete and even excel in competition. Considering this background, the objectives of this study are: (1) Analyze Bank Mandiri's performance with balanced scorecard concept which includes financial perspective, customer perspective, internal business process perspective, and learning and growth perspective (2) Analyze the factors that must be considered in order to improve the performance of Bank Mandiri (3) Formulate strategic components (vision, mission, policy, and strategic steps) taken by Bank Mandiri. This study employed the descriptive with guided group discussion, in-depth interviews and using Balanced Scorecard analysis. The result showed that, the process of alignment vision to mission, mission to goal, goals to key performance indicators is aligned. The design of the performance-boosting strategy with the Balanced Scorecard approach on Bank Mandiri resulted in 7 strategy objectives and 12 key performance indicators classified into four Balanced Scorecard perspectives. In the formulation of Bank Mandiri's strategy map, customer perspective is at the top, the second position is process perspective, the third position there is people perspective, and at the lowest position there is financial perspective. Keywords: Balanced Scorecard, Bank Mandiri, Formulate Strategic, Performance Evaluation.


Author(s):  
Peter Dorcak ◽  
Peter Markovic ◽  
Nella Svetozarovova ◽  
Frantisek Pollak

Performance management at individual level requires a systematic approach for evaluating the work and expectations, supporting such efforts of employees by providing evaluation and feedback in the form of the subsequent implementation of the appropriate corrections, while rewarding. One of the strategic assessment tools of performance management in organizations are key performance indicators (KPI) and the underlying assumption that the selected indicators can be measured or quantified. However, the fundamental problem of any performance measurement system is it´s correct assessment.  Based on this interpretation, the aim of the article is to analyze the statistically significant association between the application of performance evaluation methods in terms of the degree of KPIs implementation in organizations. For the purposes of assessing the afore mentioned relationship we have specified a set of fourteen most used evaluation methods which were then subjected to testing by Chi-square test of independence, which has been applied. To simplify and reduce the original amount of data, while maintaining a substantial part of the information, the analysis applied the multivariate statistical method of factor analysis. The research sample consists of small, medium and large organizations operating at the local, but also multinational level. The examined relationship was verified. Based on this, it can be stated that we need KPIs to make a complex picture of what organizations really need and how to achieve the set objectives.


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