scholarly journals The Impact of Cost Strategy Policies on Company Performance in the Construction Industry in Brazil

2021 ◽  
Vol 16 (2) ◽  
pp. 88-121
Author(s):  
Nathalie da Silva Cavalcanti ◽  
Cezar Augusto Romano
Keyword(s):  
Strategic Management ◽  
Construction Industry ◽  
Metropolitan Region ◽  
Company Performance ◽  
Construction Sector ◽  
Strategic Process ◽  
Cost Strategy ◽  
Strategic Position ◽  
The Cost ◽  
The Impact

Purpose– This article aims to assess the influence of cost strategy policies on the performance of sole traders, small and medium-sized companies in the civil construction sector in Curitiba and the Metropolitan Region (southern Brazil). Design/methodology/approach– Using a questionnaire, the survey collected data from 95 companies. The data has been analyzed based on descriptive statistics and multivariate analysis using discriminant analysis. Findings– Results showed that a lack of a strategic process is more evident in companies classified as low to medium performance companies. Only 36% of companies are positioned for only one of the positioning strategies. The cost strategy variable, which had the greatest impact on performance, was the policy with “greater simplification/standardization of products/services” compared to the other variables analyzed in the study. Originality/value– Results imply that most companies do not have a strategic position and that it is possible to obtain better performance through strategic management, encouraging the development of this perspective in companies in the sector. Keywords - Construction Industry; Strategy; Strategic management; Cost strategy; Survey.

The Impact of Terrorism on Construction Industry in Iraq

2015 ◽  
Vol 3 (2) ◽  
pp. 69-84
Author(s):  
Wadhah Amer Hatem ◽  
Samiaah M. Hassen Al-Tmeemy
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Historical Data ◽  
Terrorist Attacks ◽  
Construction Sector ◽  
Statistical Procedures ◽  
Qualitative Approaches ◽  
Suicide Attacks ◽  
The Face ◽  
The Impact

     Suicide attacks, bombings, explosions became the part of daily life in Iraq. Consequently, the threat of terrorism put the Iraqi construction sector in the face of unique and unusual challenges that not seen on other countries. These challenges can have extensive impact on construction projects. This paper seeks to examine the impact of the terrorist attacks on construction industry and determine the extent to which the impact of terrorism on construction projects in terms of cost, schedule, and quality. This study adapted quantitative and qualitative approaches to collect data using questionnaire survey and interviews, as well as historical data. The study focused on projects that have been the target of terrorist strikes in Diyala governorate. A variety of statistical procedures were employed in data analysis. The results revealed the extent to which terrorist attacks impact construction projects in terms of cost, time, and quality. The results of this study will enhance the awareness of all construction parties to the impact of the terrorist attacks against construction projects. Eventually, this can develop a risk management assessment and assist contractors to properly protect projects and buildings to minimize injuries and fatalities in the event of terrorism.

ECONOMIC SUBSTANTIATION OF TRANSITION TO PERSONNEL OUTSOURCING IN THE ORGANIZATIONS OF THE CONSTRUCTION INDUSTRY

2020 ◽  
pp. 70-79
Author(s):  
V.V. Verna
Keyword(s):  
Cost Effectiveness ◽  
Construction Industry ◽  
Methodological Approaches ◽  
Construction Organization ◽  
The Cost ◽  
The Impact

The article provides a rationale for methodological approaches to assessing the effectiveness of outsourcing in organizations of the construction industry using the example of outsourcing schemes to perform personnel functions. The conditional example shows the impact of the use of outsourcing on reducing the costs of a construction organization. The main prerequisites for the use of outsourcing in the activities of enterprises in the construction industry are identified, methodological approaches to assessing the cost-effectiveness of personnel outsourcing in the construction industry enterprises are substantiated.

scholarly journals Impact of Migrant Workers on Total Factor Productivity in Chinese Construction Industry

2019 ◽  
Vol 11 (3) ◽  
pp. 926 ◽  
Author(s):  
Gui Ye ◽  
Yuhe Wang ◽  
Yuxin Zhang ◽  
Liming Wang ◽  
Houli Xie ◽  
...  
Keyword(s):  
Construction Industry ◽  
Total Factor Productivity ◽  
Migrant Workers ◽  
Annual Report ◽  
Learning By Doing ◽  
Construction Sector ◽  
Factor Productivity ◽  
The Sustainable Development ◽  
Statistical Yearbook ◽  
The Impact

Total factor productivity (TFP) is of critical importance to the sustainable development of construction industry. This paper presents an analysis on the impact of migrant workers on TFP in Chinese construction sector. Interestingly, Solow Residual Approach is applied to conduct the analysis through comparing two scenarios, namely the scenario without considering migrant workers (Scenario A) and the scenario with including migrant workers (Scenario B). The data are collected from the China Statistical Yearbook on Construction and Chinese Annual Report on Migrant Workers for the period of 2008–2015. The results indicate that migrant workers have a significant impact on TFP, during the surveyed period they improved TFP by 10.42% in total and promoted the annual average TFP growth by 0.96%. Hence, it can be seen that the impact of migrant workers on TFP is very significant, whilst the main reason for such impact is believed to be the improvement of migrant workers’ quality obtained mainly throughout learning by doing.

A hybrid framework to model factors affecting construction labour productivity

2019 ◽  
Vol 24 (3) ◽  
pp. 630-654 ◽  
Author(s):  
Majid Parchami Jalal ◽  
Shahab Shoar
Keyword(s):  
Construction Industry ◽  
Labour Productivity ◽  
Content Type ◽  
Factors Affecting ◽  
Schedule Delay ◽  
Factors Influencing ◽  
Hybrid Framework ◽  
Novel Method ◽  
The Cost ◽  
The Impact

Purpose This paper aims to model different causal relations among factors interacting with labour productivity in order to recognize the most important factors influencing and influenced by it. Design/methodology/approach Top 60 factors affecting labour productivity were determined and grouped into 5 major groups by reviewing previous research and interviewing relevant experts. The interactions of factors were modelled using system dynamics (SD) approach. The resulting causal loop diagrams obtained from SD were then applied for identifying the most crucial factors influencing and influenced by labour productivity through the decision-making trial and evaluation laboratory (DEMATEL) method. The impact of factors on each other was finally determined based on the opinions of 63 experts selected from the Iranian construction industry. Findings The results indicated that factors such as fatigue, lack of labour motivation and lack of skill are the most influencing, and factors such as schedule delay and inflation in the cost of execution are the most influenced by labour productivity. In the end, a set of recommendations to improve construction labour productivity was also presented. Originality/value The main contribution of the study is proposing a novel method which is capable of providing insights into how causes and effects of construction labour productivity are interrelated. Furthermore, the proposed method makes this study distinct from previous research in the light of prioritizing factors and offering recommendations according to the interrelationships among factors.

scholarly journals The global economy and its influence on the Slovak construction sector

2010 ◽  
Vol 18 (1) ◽  
pp. 17-23
Author(s):  
E. Jankovichová
Keyword(s):  
Construction Industry ◽  
Global Economy ◽  
Communication Channels ◽  
Organization Structure ◽  
Construction Sector ◽  
Construction Companies ◽  
Control Procedures ◽  
Management Approaches ◽  
And Control ◽  
The Impact

The global economy and its influence on the Slovak construction sectorFor the construction industry, globalization is a trend that means two things: many opportunities and many threats. In the conditions of globalization many management approaches, such as organization structure, strategy forming, planning, motivation and control procedures, communication channels, risk management, etc., must transform. The aim of the paper is to analyze the influence of globalization on the construction industry in Slovakia and identify the impact of globalization on construction companies in this area.

The indirect effect of strategic management accounting in the relationship between CEO characteristics and their networking activities, and company performance

2017 ◽  
Vol 13 (4) ◽  
pp. 471-491 ◽  
Author(s):  
Abolfazl Amanollah Nejad Kalkhouran ◽  
Bahareh Hossein Nezhad Nedaei ◽  
Siti Zaleha Abdul Rasid
Keyword(s):  
Strategic Management ◽  
Indirect Effect ◽  
Management Accounting ◽  
Chief Executive ◽  
Company Performance ◽  
Content Type ◽  
Upper Echelons Theory ◽  
Strategic Management Accounting ◽  
The Impact ◽  
Ceo Characteristics

Purpose The purpose of this paper is to investigate the effect of chief executive officer (CEO) characteristics and involvement in networks on strategic management accounting (SMA) and, in turn, the indirect effect of SMA on company performance. Design/methodology/approach A model is advanced and tested using partial least-squares path modelling and data were collected from a sample of 121 service small and medium-sized enterprises (SMEs) in Malaysia. Findings The results indicate significant and positive relationships between the CEO education and the application of SMA as well as between involvement in networks and SMA. Moreover, it is found that SMA has an indirect effect in relations of CEO education, involvement in networks and company performance. Practical implications SMEs’ leaders may realize their important role in affecting outcomes by their choices, which are in turn affected by their characteristics and activities. Originality/value This study provides an empirical evidence on the impact of two new factors on the SMA by considering contingency theory and upper echelons theory simultaneously for explaining relationships and developing a new model.

scholarly journals The Impact of Village Fund Program in Developing Physical Infrastructure: Case on Construction Value Across Provinces in Indonesia

Media Trend ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 194-200
Author(s):  
Mochamad Thoriq Akbar ◽  
Estro Dariatno Sihaloho
Keyword(s):  
Construction Industry ◽  
Random Effect ◽  
Random Effect Model ◽  
Control Variable ◽  
Marginal Effect ◽  
Construction Sector ◽  
Indonesian Government ◽  
Effect Model ◽  
Physical Infrastructure ◽  
The Impact

Indonesia is the largest archipelago country with over than 260 million population. Yet, its archipelagic state makes it hard for the Indonesian government to distribute its income equally, causing severe poverty in certain regions. To overcome this problem, the role of construction industry is very crucial. Many papers say construction industry plays an important role to achieve socio-economic development goals in providing shelter, physical infrastructure, employment, and higher economic growth. Knowing the importance of construction sector, especially in physical infrastructure, President of Indonesia, Joko Widodo, focuses on accelerating infrastructure development. To equally distribute the development between rural and urban areas and shorten the level of inequality, in 2015 Indonesian government made a program in a form of fiscal transfers called Village Fund program. The objective of this paper is to measure the impact of Village Fund program in developing physical infrastructure across provinces in Indonesia. This paper used panel data with Random Effect Model to analyze the marginal effect of Village Fund in construction sector. The finished construction value is used as the dependent variable. As the independent variable, this paper uses the amount of Village Fund given and Gross Domestic Regional Product (GRDP) as the control variable in 33 provinces that participated in Village Fund program during 2015 and 2016. Setting with α = 0.01, the result shows that Village Fund program has a marginal positive effect to finished construction value. Every one percentage point change in Village Fund increases the amount of construction value finished by 0.033%. For the other variable, every 1% increase in GRDP also increase the construction value by 0.41%. We hope this paper could be useful to evaluate the implementation of Village Fund and as a base for making similar policies in the future. Keywords: Village Fund, Construction Value, Infrastructure, GRDP, Random Effect Model 

scholarly journals INTERNATIONAL TRENDS AND CURRENT CHALLENGES OF CONSTRUCTION MATERIALS MARKET DEVELOPMENT

2020 ◽  
Author(s):  
Yulia Orlovska ◽  
◽  
Daria Havrylenko ◽  
Keyword(s):  
Real Estate ◽  
Construction Industry ◽  
Information And Communication Technologies ◽  
Building Materials ◽  
Construction Materials ◽  
Construction Sector ◽  
International Trends ◽  
The World ◽  
The Impact ◽  
Construction Services

The main international trends in the world market of construction materials and services have been analyzed. The dynamics of world GDP and exports of construction services for the period 2000-2019 has been studied and a conclusion is made on the impact of economic crises on their growth rates. It has been determined that the dynamics of world exports of construction services is characterized by high instability with peaks of growth and decline, and is more sensitive than GDP growth. It has been noted that overcoming the crisis in the export sector of construction services takes more time and occurs with an approximate two-year time lag compared to GDP dynamics. The share of the construction industry in the world GDP by the degree of development has been analyzed. The reasons for the decline in the share of the construction industry in countries with economies in transition have been substantiated. It has been noted that in the developed countries the share of the construction sector is accounted for by real estate management activities related to maintenance, rent, purchase and sale and other transactions with land and real estate. The forecast values of growth of the market of building materials and services till 2030 have been given. The essence of the term «wide construction» has been revealed and the structure of this sector in different countries of the world is shown. The main exporters in the world construction market have been given and the structural distribution of the largest construction companies in the world ranking by country of origin has been analyzed. The dynamics of income level in the construction industry market for the period 2011-2018 has been studied. It has been noted that an important area of the construction sector is the market of roofing and facade materials and the world's largest companies for the production of this type of construction materials have been revealed. Conclusions on the essence of global transformations of the market of building materials and services have been made, and also it has been defined that they are caused by transnationalization of corporate structure of the market, influence of scientific and technical progress and information and communication technologies on world centers as well as the emergence of the concept of «sustainable construction» in the course of humanity for sustainable development.

Recycling of Stone Cutting Waste In the Construction Sector: A Review

2021 ◽  
Vol 47 (1) ◽  
pp. 56-60
Author(s):  
Kamel Al-Zboon ◽  
Talal Masoud
Keyword(s):  
Compressive Strength ◽  
Flexural Strength ◽  
Construction Sector ◽  
Replacement Ratio ◽  
Splitting Strength ◽  
Substitution Ratio ◽  
Stone Cutting ◽  
Compressive Strength Of Concrete ◽  
The Cost ◽  
The Impact

Huge amounts of stone cutting waste are generated annually posing a heavy environmental load on nature and resulting in economic challenge to the plants' owners. The conducted researches in this field showed that stone, marble and granite waste could be reused in many applications. This paper aims to investigate the possible application of stone cutting waste in the construction sector. Review process includes investigation of the conducted researches, outcomes of the performed projects, and the impact of this waste on the characteristics of concrete compressive strength, flexural strength, splitting strength, concrete workability, bricks strength, terrazzo tile strength and soil properties. The results revealed that at suitable substitution ratio, this waste can increase the compressive strength of concrete up to 21%, the flexural strength by 33% and splitting strength by 4.3%. In contrast, the compressive strength of bricks decreased by up to 67% at replacement ratio of 100%, and the transverse strength of tiles decreased up to 18% at replacement ratio of 50%. Replacement of soil with stone cutting waste resulted in an improvement in the characteristics of cohesive and sandy soil. Concrete workability decreased significantly with replacement of normal aggregate with stone cutting waste. Such results buttressed the feasibility of reusing this material in the construction sector, which reduces the cost of storage and disposal, and creates a nonconventional income.

scholarly journals Additive Manufacturing in the Construction Industry: The Comparative Competitiveness of 3D Concrete Printing

2021 ◽  
Vol 11 (9) ◽  
pp. 3865
Author(s):  
Siavash H. Khajavi ◽  
Müge Tetik ◽  
Ashish Mohite ◽  
Antti Peltokorpi ◽  
Mingyang Li ◽  
...  
Keyword(s):  
Additive Manufacturing ◽  
Construction Industry ◽  
Positive Impact ◽  
Three Dimensional ◽  
Cost Effective ◽  
Robotic Arm ◽  
Process Time ◽  
Current State ◽  
The Cost ◽  
The Impact

The construction industry is facing increasing pressure to improve productivity and decrease its environmental impact. Additive manufacturing (AM) technologies, especially three-dimensional concrete printing (3DCP) technology, have provided many benefits for construction. However, holistic comparative studies of the competitiveness of 3DCP and conventional methods, from cost and time perspectives, are lacking. Choosing between the methods is difficult for practitioners. In this study, we investigated the current state of 3DCP in the construction industry using seven distinct scenarios. Our analysis was performed to illustrate the impact of design and supply chain configurations on performance. The results prove the notable competitiveness of 3DCP. In contrast to the conventional construction method, the more complex round design had a positive impact on the cost and process time in 3DCP scenarios. Additionally, we show that on-site 3DCP using a robotic arm was more cost-effective than off-site 3DCP.

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