PROJECT PERFORMANCE INDEX FOR CAPITAL INTENSIVE CONSTRUCTION PROJECTS

2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Shoeb Syed ◽  
Emad Elwakil
Keyword(s):  
Performance Index ◽  
Construction Projects ◽  
Large Scale ◽  
Success Factors ◽  
Safety Data ◽  
Analysis Data ◽  
Project Performance ◽  
Performance Measure ◽  
Mathematical Methods ◽  
Expert Opinions

Holistic construction performance measure has been an elusive and highly sought-after goal. The stochastic nature of construction processes and the number of stakeholders involved in these processes have added to the complexity of the problem. Large-scale infrastructure projects produce big data in form of actual site parameters, safety data, risk analysis data, cost data, financial data, quality assurance data and procurement data. This research aims at developing a project performance index. The factors influencing project performance have been grouped together as Critical Success Factors (CSFs) then through survey and expert opinions, relative weights have been collected for these factors. The factors and weights have been modeled through Regression Technique and validated through analytical and mathematical methods. The developed index will benefit the academic researchers and industry practitioners to assess the performance of the project and to increase the efficiency of project performance.

scholarly journals Disaster risk reduction compliance framework for public private partnership (PPP) port projects

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Champika Liyanage ◽  
Felix Villalba-Romero
Keyword(s):  
Risk Reduction ◽  
Disaster Risk Reduction ◽  
Large Scale ◽  
Success Factors ◽  
Disaster Risk ◽  
Extreme Weather Events ◽  
Screening Process ◽  
Content Type ◽  
Expert Opinions ◽  
Need To Evaluate

Purpose This paper aims to identify success factors and resilience measures (RM) that contribute to disaster risk reduction (DRR) in public private partnerships (PPP) port projects in Asia. Significant losses have been associated with large-scale natural hazards, such as earthquakes, tsunami, cyclones and other extreme weather events, and thus, ports need to evaluate their resilience level and adopt relevant DRR strategies to improve it. Design/methodology/approach A step-by-step methodology, based on literature review, port cases analysis, questionnaire survey and expert opinions, was followed. Findings The paper provides a research instrument extracted from a large list of measures and factors after a combined screening process was carried out. This instrument offers policymakers and researchers a tool applicable to PPP port projects in Asian countries to evaluate the level of resilience. Research limitations/implications Relevant RM for some specific projects may have not been considered to obtain a standardised instrument. Originality/value This paper fulfils an identified need to evaluate resilient port infrastructures and the output is a resilience framework to be used in PPP port projects in Asia.

scholarly journals Critical Success Factors in Developing Collaborative Design-Build Project Team to Improve Project Performance

2018 ◽  
Vol 159 ◽  
pp. 01025 ◽  
Author(s):  
Afrizal Nursin ◽  
Yusuf Latief ◽  
Ibrahim
Keyword(s):  
Collaborative Design ◽  
Structural Equation ◽  
Construction Projects ◽  
Critical Success Factors ◽  
Success Factors ◽  
Construction Project ◽  
Project Performance ◽  
Project Team ◽  
Equation Modeling ◽  
Critical Success

To complete a construction project, it takes the cooperation and collaboration of stakeholder involved in construction projects to obtain optimum project performance. Problems that frequently occur in construction projects is the lack of cooperation, lack of trust, ineffective communication, lack of visualization of the planned buildings and different relationships between stakeholders that project performance is not optimal. To overcome these problems need to develop a model of collaboration between stakeholders in a construction project. The purpose of this research is to identify the critical success factors of the collaboration of design and build construction project team so that can understand the influence of collaboration model to collaboration performance with the geographic, professional, stakeholder, and ethnic cultural boundary spanners in design and build construction project in Indonesia. This research uses factor analysis and variable relation with Structural Equation Modeling (SEM) method. The results found that geographical and ethical boundaries are influencing collaborative performance significantly.

scholarly journals The impact of Engineering, Procurement and Construction (EPC) Phases on Project Performance: A Case of Large-scale Residential Construction Project

Buildings ◽  
2019 ◽  
Vol 9 (1) ◽  
pp. 15 ◽  
Author(s):  
Kamyar Kabirifar ◽  
Mohammad Mojtahedi
Keyword(s):  
Construction Projects ◽  
Large Scale ◽  
Empirical Studies ◽  
Construction Project ◽  
Project Performance ◽  
Project Planning ◽  
Residential Construction ◽  
High Rise ◽  
The Impact ◽  
Significant Factors

The Construction Industry is a complex and fragmented industry worldwide with regards to its supply chain, products, and processes, and is faced with a similar dilemma as faced by manufacturers during its time in past decades. Scope, time, and cost are the triple constraints of project management and leading factors in defining the project performance. Productivity and efficiency of each construction project is measured through its triple constraints, therefore the factors that affect project success are significantly important. Despite the importance of understanding project performance indicators, few empirical studies have been conducted over the last decade in terms of analyzing the factors that determine the performance of high-rise buildings in Engineering, Procurement, and Construction (EPC) projects. Hence, the aim of this paper is to analyze and rank EPC critical activities across large-scale residential construction projects in Iran, by using the TOPSIS method as a multi-attribute group decision-making technique. Results indicate that engineering design, project planning and controls are significant factors contributing to the project performance. In addition, engineering has a pivotal role in project performance and this significance is followed by the construction phase. On the contrary, all believe procurement is more important than Construction phase.

scholarly journals Critical Success Factors Influencing the Performance of Infrastructure Projects in The Aviation Industry in Kenya; A Case of Moi International Airport

2020 ◽  
Vol 5 (2) ◽  
pp. 93-113
Author(s):  
Isaiah Gichohi Mwangi ◽  
Dr. Johnbosco Mutuku Kisimbi
Keyword(s):  
Decision Making ◽  
Construction Projects ◽  
Critical Success Factors ◽  
Success Factors ◽  
Significant Contribution ◽  
Project Performance ◽  
Aviation Industry ◽  
Management Skills ◽  
Critical Success ◽  
Key Stakeholders

Purpose: Aviation sector in Kenya facilitates both international and domestic trade, promotes tourism and foreign investment thus contributing to government revenue and employment opportunities. Therefore, improving airport infrastructure would help reduce travel time, improve connectivity. The high rates of project failure have become a major concern for stakeholders hence the need to identify key factors that promote project success or failure. This study seeks to assess the critical success factor influencing the performance of construction projects in Kenya.Methodology: The study adopted quantitative method to examine critical success factors for the performance of aviation construction projects in Kenya. Descriptive case study research design was adopted and self –administered questionnaires were used to collect quantitative for analysis.  The variables of interest include timely financing project activities, competency of contractors, participation of stakeholders, and management skills. Descriptive analysis and inferential tests were conducted with the aid of IBM SPSS version 23 software.Results: The study found that timely financing, contractor competency, stakeholder participation, and management skills have positive and significant influence on the performance of aviation construction projects. Descriptive results suggest that tractors competency, timely financing, management skills, and stakeholders’ participation have a strong positive influence on project performance. The study has also established a significant contribution of contractor competency to the successful performance of aviation construction projects. It was also noted that participation of key stakeholders in projects identification, decision making, and resource mobilization can enhance the success of aviation construction projects. It was observed that these factors account for over 54.9% of changes in project performance.Unique contribution to theory, policy and practice: In light of these results, the study recommends industry players to put measures in place that would allow timely provisions of finance for all project activities. It is also important to source for competent and experienced contractors, engage key stakeholders in decision making about the project, and recruit a competent and skilled project manager. The study results have a significant contribution to practitioners in the aviation construction sector in Kenya. The study provides the practitioner with the most critical variables likely to influence the performance of aviation construction projects. It further acknowledges that external factors also influence the success of these projects. In light of this, the practitioners can institute contingency plans to mitigate the risks to ensure successful completion of their projects. To the academic, the current study has filled literature gap on critical success factors for aviation project performance. Given the upcoming mega project in aviation sector around the world, these factors provide the basis for future research in this area to ensure these projects are executed successfully within budget and schedule

Critical success factors for large building construction projects

2020 ◽  
Vol 10 (3) ◽  
pp. 349-367 ◽  
Author(s):  
Hasan Mathar ◽  
Sadi Assaf ◽  
Mohammad A. Hassanain ◽  
Abdullatif Abdallah ◽  
Ahmed M.Z. Sayed
Keyword(s):  
Saudi Arabia ◽  
Construction Projects ◽  
Large Scale ◽  
Critical Success Factors ◽  
Success Factors ◽  
Knowledge Gap ◽  
Content Type ◽  
Critical Success ◽  
Short Period ◽  
The Impact

Purpose The literature revealed a limited number of studies on critical success factors (CSFs) in Saudi Arabia. These studies were either outdated, covered limited factors or focused on very specific issues of a project. In response to this knowledge gap, the purpose of this paper is to identify and assess the factors which affect the success of construction projects in Saudi Arabia. Design/methodology/approach In all, 91 CSFs were identified from the literature, and grouped under eight categories according to categorization schemes adopted by earlier studies and common characteristics shared by the factors. A questionnaire survey was adopted since it permits the collection of large volumes of data in a short period. In total, 61 responses from industry experts were used to compute the significance index for each factor and rank the most CSFs. Findings Contractors viewed the three most significant CSFs as “competency and capability of the contractors’ key personnel in different disciplines,” “adequacy of labor resources and their skills” and “the impact of the project on the public.” Consultants viewed the three most significant CSFs as “competency and capability of the consultants’ key personnel in different disciplines,” “clear communication channels between the owner/PM and the designer” and “PM competency, authority and involvement.” Originality/value Although a significant number of studies have investigated CSFs for construction projects, these studies do not provide an extensive list of CSFs, and none have studied CSFs in large-scale construction projects in Saudi Arabia from the viewpoint of two key stakeholders. This study attempts to address this knowledge gap.

scholarly journals The Key Success Factors for Attracting Foreign Investment in the Post-Epidemic Era

Axioms ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 140
Author(s):  
Sun-Weng Huang ◽  
James J. H. Liou ◽  
Shih-Hsiung Cheng ◽  
William Tang ◽  
Jessica. C. Y. Ma ◽  
...  
Keyword(s):  
Foreign Investment ◽  
Global Economy ◽  
Success Factors ◽  
Neutrosophic Set ◽  
Investment Strategies ◽  
Key Factors ◽  
Expert Opinions ◽  
Fuzzy Delphi ◽  
Novel Approach ◽  
Epidemic Period

The global economy has been hit by the unexpected COVID-19 outbreak, and foreign investment has been seen as one of the most important tools to boost the economy. However, in the highly uncertain post-epidemic era, determining how to attract foreign investment is the key to revitalizing the economy. What are the important factors for governments to attract investment, and how to improve them? This will be an important decision in the post-epidemic era. Therefore, this study develops a novel decision-making model to explore the key factors in attracting foreign investment. The model first uses fuzzy Delphi to explore the key factors of attracting foreign investment in the post-epidemic era, and then uses DEMATEL to construct the causal relationships among these factors. To overcome the uncertainty of various information sources and inconsistent messages from decision-makers, this study combined neutrosophic set theory to conduct quantitative analysis. The results of the study show that the model is suitable for analyzing the key factors of investment attraction in the post-epidemic period. Based on the results of the study, we also propose strategies that will help the relevant policy-making departments to understand the root causes of the problem and to formulate appropriate investment strategies in advance. In addition, the model is also used for comparative analysis, which reveals that this novel approach can integrate more incomplete information and present expert opinions in a more objective way.

scholarly journals Integrating students’ perspectives about online learning: a hierarchy of factors

2020 ◽  
Vol 17 (1) ◽  
Author(s):  
Montgomery Van Wart ◽  
Anna Ni ◽  
Pamela Medina ◽  
Jesus Canelon ◽  
Melika Kordrostami ◽  
...  
Keyword(s):  
Online Learning ◽  
Social Presence ◽  
Large Scale ◽  
Success Factors ◽  
Course Design ◽  
Instructional Support ◽  
Cognitive Presence ◽  
Teaching Presence ◽  
Future Research ◽  
Social Comfort

AbstractThis article reports on a large-scale (n = 987), exploratory factor analysis study incorporating various concepts identified in the literature as critical success factors for online learning from the students’ perspective, and then determines their hierarchical significance. Seven factors--Basic Online Modality, Instructional Support, Teaching Presence, Cognitive Presence, Online Social Comfort, Online Interactive Modality, and Social Presence--were identified as significant and reliable. Regression analysis indicates the minimal factors for enrollment in future classes—when students consider convenience and scheduling—were Basic Online Modality, Cognitive Presence, and Online Social Comfort. Students who accepted or embraced online courses on their own merits wanted a minimum of Basic Online Modality, Teaching Presence, Cognitive Presence, Online Social Comfort, and Social Presence. Students, who preferred face-to-face classes and demanded a comparable experience, valued Online Interactive Modality and Instructional Support more highly. Recommendations for online course design, policy, and future research are provided.

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