scholarly journals Market Commonality and Competition in Communities—An Empirical Study Based on Bidding Data of the Construction Market

Buildings ◽  
2021 ◽  
Vol 11 (10) ◽  
pp. 435
Author(s):  
Keda Chen ◽  
Kunhui Ye

In contrast to traditional enterprise rivalry, the construction market competition is irregular on the surface due to the randomization of client targets and the one-time competition organization, which conflicts with construction businesses’ perceptions of the nature and future trend of rivalry. Therefore, contractors urgently need to accurately understand the competitive environment in which they will operate. In construction, few empirical studies exist on competitive environments from the standpoint of enterprise-to-enterprise competitive interactions. Based on market commonality, several hypotheses concerning the competitive pattern of the construction market have been proposed. To test these, a model of competing relationship networks is created using 7402 bid-winner notices for construction projects in Chongqing, China, from 2015 to 2018, followed by quantitative analysis and discussion of the model’s characteristic features. The findings suggest that there is a “community-type” rivalry in the building market, which represents the essential characteristics of market commonality. The research shows that the competitive action of construction enterprises is affected by construction technology, industrial division of labor and regional markets, and the competitive relationship between them tends to be “strong-strong”. This study reveals that the “community” competitive relationship in the construction industry may be a unique phenomenon, expands the application and development of market commonality and enterprise clusters in the construction economy, and provides theoretical guidance for construction enterprises to accurately recognize competitive behavior and decision making.

2019 ◽  
Vol 65 (3) ◽  
pp. 61-74
Author(s):  
R. Trach ◽  
K. Pawluk ◽  
M. Lendo-Siwicka

AbstractThe collapse of the Soviet Union was the cause of a significant decline in many economies of the newly created countries. However, many of them, including the Ukrainian economy, are slowly recovering. One of the largest branches of the economy in this country is construction, which, despite political turmoil, is constantly growing, especially in the private real estate development sector. Despite the fact that the construction market is constantly developing, it is limited by the costs of rework and alterations resulting from many reasons. The key negative effects of modifications to the results of the project are exceeding the budget and time of project implementation, dissatisfaction with the project team, violation of contractual requirements and lowering the quality of the final product. Therefore, the purpose of this article was to determine the reasons for the emergence of rework in the in Ukraine by analyzing the results of surveys conducted among construction enterprises.


2019 ◽  
Vol 2 (3) ◽  
pp. 19
Author(s):  
Zongbing Lu

During the construction process of the construction project, the construction technology management work can improve the overall quality of the project construction. In the context of increasingly ferce competition in the construction market, construction enterprises should strengthen the management of construction technology, enhance their technical level and market competitiveness, and promote the development of the construction market. The paper mainly analyzes the optimization methods of building construction technology management.


Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3399
Author(s):  
Robert Kuceba ◽  
Grzegorz Chmielarz ◽  
Marcin Soltysiak

The underlying objective of the paper is to identify and evaluate in the research process vital factors that impact the development of design and construction enterprises of photovoltaic farms on the energy markets, in particular narrowed down to renewable energy sources (RES) markets, including energy coming from photovoltaic sources. The first part of the paper, the epistemological one, introduces a scientific discourse pertaining to conditionings and restrictions related to RES markets in the dimensions of sustainable development. This has been done with the use of literature query, legislative and administrative acts, and reports drawn up for the European Commission. In this reference, we summarized the EU’s essential measures aimed at promoting the idea of sustainability. The second part of the paper, the empirical one, presents a summary of the results obtained within the research pertaining to “opportunities and threats in managing projects of photovoltaic farms in production enterprises of energy appliances”. The research was conducted in a group of 24 design and construction enterprises of photovoltaic farms. The concentration of the research, in the context of the underlying objective of this paper, pertained to the aggregation and evaluation of selected factors that stimulate the development and competitiveness of construction projects and the implementation of photovoltaic farms. We considered the hierarchy of strategic objectives of the investigated enterprises and selected threats to their market position. Two primary criteria were adopted to aggregate and evaluate vital factors that impact the development of design and construction enterprises of PV farms. The first of them is the qualitative one—top scores, weighted averages of respondent evaluations on the five-point Likert scale. The second one is the quantitative criterion—number of indications N ≥ 22 of the respondents (over 90%). A measurable value of the paper is the scientific discourse pertaining to dimensions of competitiveness of the investigated and analyzed enterprises on the RES market, in particular narrowed down to photovoltaic farms.


2018 ◽  
Vol 25 (6) ◽  
pp. 690-706 ◽  
Author(s):  
Rebecca Jing Yang ◽  
Sajani Jayasuriya ◽  
Chathuri Gunarathna ◽  
Mehrdad Arashpour ◽  
Xiaolong Xue ◽  
...  

Purpose The complicated nature of megaprojects requires appropriate analysis of multiple stakeholders to achieve project objectives and to accommodate stakeholder interests. During the last two decades, many stakeholder theories and empirical studies have sprouted. Although previous studies have contributed to the development of stakeholder theory, it seems that these theoretical advances have not been fully adopted and acknowledged in practices, especially in megaprojects. The purpose of this paper is to explore the evolution of stakeholder analysis and engagement practices adopted in the Australian megaprojects over the last two decades. Design/methodology/approach Four mega construction projects are described and analysed in this study. Secondary data were first assembled in order to get general knowledge of each case. Interviews were conducted with the project directors. Project documents were collected from the project teams and reviewed. Wherever the project information was unclear, e-mails were sent to the directors and the team members to confirm the details. Findings Project teams have started to apply snowball rolling and stakeholder attribute assessment methods to analyse stakeholders. However, there is still a way to adopt the “network” analysis perspective because the project teams are reluctant to use complicated tools which need specialists’ assistance. The stakeholder engagement practices have evolved to an extent where the project teams monitor the dynamics of stakeholders’ requirements. Projects teams have identified the importance of continuity to manage stakeholders in these massive projects. However, a structured method selection mechanism for stakeholder engagement has not been developed. Originality/value This study will help academics to understand the adoption progress and status of stakeholder management methods.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lekan Damilola Ojo ◽  
Deji Rufus Ogunsemi ◽  
Olusola Ogunsina

Purpose The Nigerian construction industry is bedeviled with poor project performance and outcomes which value management (VM) could address if applied. The application of VM on Nigerian construction projects is very minimal due to certain obstacles, namely, lack of VM experts, paucity of knowledge on the techniques, etc., which inhibits the adoption into the construction industry. Therefore, this study aims to develop a conceptual framework of the adoption of VM on construction projects in a typical developing economy. Design/methodology/approach This study engaged 15 selected VM experts in two rounds of Delphi survey to develop a conceptual framework of VM adoption. The method of data analysis includes mean score, standard deviation, Kendall’s coefficient of concordance, chi-square (χ2) test, interrater agreement analysis and significant level analysis. The developed conceptual framework was sent to a team of local and international VM experts for validation. Findings This study reveals that the adoption of VM requires the collective effort of relevant stakeholders in the construction industry. The framework developed presents individual and collective activities to be undertaken by the stakeholders. The activities include training, legislation, government-funded research, etc. Thus, the adoption of innovative management methodology like VM requires the collaboration of academics, construction professional bodies and government parastatals. This will assist in the judicious use of limited construction resources and boost the relevance of the Nigerian construction industry among developing nations and in the global construction market. Originality/value This study used the opinions of few construction professionals that can be regarded as VM experts in Nigeria, as against engaging a pool of construction professionals who may not be knowledgeable in VM process. Engaging the few VM experts in the Nigerian construction industry is important to have a valid basis for drawing conclusion, as large questionnaire survey could be possibly filled by inexperienced or unqualified respondents if stringent criteria are not considered at the outset of this study.


2004 ◽  
Vol 10 (4) ◽  
pp. 135-141 ◽  
Author(s):  
Romualdas Ginevičius ◽  
Valentinas Podvezko ◽  
Algirdas Andruškevičius

The successful performance of construction enterprises as well as their competitiveness are largely determined by the construction technology and management methods used. In this respect two levels referring to a building or structure itself and to a construction enterprise as a whole should be distinguished. The technology of a building or structure embraces its construction system generally characterizing building materials, design solutions and load‐bearing structures and enclosures used in the construction of this particular building. The problem of selecting a general technological criterion for the whole construction enterprise arises. A construction enterprise fulfilling its annual program can simultaneously construct buildings and structures based on various construction systems, i.e. it can use various technologies. Searching for an integrated criterion to describe an enterprise as a whole three main issues including the variation of the applied technologies and their volumes and technological effectiveness should be taken into consideration. In the paper the problem of determining technological effectiveness of construction systems is considered. A method of pairwise comparison developed by T. Saaty was used to address this problem. The calculations were made for all thirteen technologies currently used in Lithuanian construction industry. Based on the suggested approach the weight of technological effectiveness was determined for each of them in the parts of one.


2018 ◽  
Vol 193 ◽  
pp. 05022
Author(s):  
Kirill Kulakov ◽  
Sergey Baronin ◽  
Konstantin Timofeev

The object of this research is the primary housing market related to the activities of investment and construction enterprises participating in attraction of investments based on the shared construction participation agreements for construction of multi-apartment residential blocks, as well as major trends in sphere of "distressed" objects and population. The purpose of this research is to perform complex analysis in sphere of issues in functioning of the shared construction market in relation to multi-apartment blocks, as well as to reveal major trends in the development of funding risks under shared construction participation agreements, as well as to analyze methodological issues related to the assessment of losses of deceived investing citizens. Results were obtained in major development trends of the shared construction market. Here we show the dynamics in the number of hoodwinked investors and objects, growth in the overall number of executed shared construction agreements in the all-Russian market, as well as the structure of this housing market segment pursuant to the types of executed agreements and the volume of economic losses for investors.


2019 ◽  
Vol 53 (11) ◽  
pp. 2419-2450 ◽  
Author(s):  
Ghizlane Arifine ◽  
Reto Felix ◽  
Olivier Furrer

Purpose Although multi-brand loyalty (MBL) in consumer markets has been identified in previous brand loyalty research, empirical studies have not yet explored the facets of its different types. This paper aims to have a deeper understanding of MBL by investigating its different types and facets. Design/methodology/approach This study uses a sequential, qualitatively driven mixed-method design consisting of in-depth interviews and supplementary survey research. Findings The findings of this study suggest that mood congruence, identity enhancement, unavailability risk reduction and market competition are the most important facets that explains the two types of MBL (complementary-based and product substitutes). Furthermore, the findings show that the family factor can motivate consumers to be multi-brand loyal by adding brands to an initially family-endorsed brand. Research limitations/implications This study advances the conceptual foundations of MBL and extends previous research on brand loyalty. Some of the findings may be limited to the economic and cultural context of relatively affluent countries with an abundance of market offers. Practical implications Marketing managers gain insights into how to manage brand loyalty and how to transition from MBL to single-brand loyalty. Originality/value The study generates novel insights into the facets of different types of MBL.


Facilities ◽  
2014 ◽  
Vol 32 (13/14) ◽  
pp. 801-824 ◽  
Author(s):  
Jian Zuo ◽  
George Zillante ◽  
Zhen-Yu Zhao ◽  
Bo Xia

Purpose – This research aims to investigate the impacts of project culture on the performance of construction projects. Cultural issues in the construction industry have attracted growing attention from both practitioners and academia. However, there are few studies on culture issues at the project level. The influence of project culture has not traditionally been on the research radar. Design/methodology/approach – A case study approach, utilising questionnaire surveys, in-depth interviews and review of project documents, was used to investigate project culture and its associated impacts in two major hospital projects. Findings – The results indicated that project culture played an important role in achieving harmonious relationships between project participants and better project outcomes in terms of schedule, functionality, satisfaction with the process, satisfaction with the relationships, environmental issues addressed commercial success, further business opportunities and overall performance. Case 1 outperformed Case 2 in these performance indicators. Similarly, it became clear that the project’s culture should be developed from the outset and sustained during the project period. Furthermore, it was also highlighted that the project culture should be translated to all levels of the supply chain, i.e. sub-contractors and suppliers. Practical implications – The findings enabled the client to understand the role of project culture and actively commit towards the development and maintenance of the project culture from very early on. It also helps project teams to understand how to deal with cultural issues at the project level. Originality/value – This study is one of limited empirical studies that offer in-depth insights of how project culture affects the performance of construction projects. It is also the first study of hospital projects on the research topic.


2019 ◽  
Vol 9 (1) ◽  
pp. 282-291 ◽  
Author(s):  
Michał Tomczak

AbstractOne of the key problems in managing the realization of a construction project is the selection of appropriate working crews and coordinating their activities in a way that ensures the highest degree of implementation of defined goals (minimizing the project duration and/or reducing downtime and related costs). Most of the existing methods of work harmonization used in construction industry allow obtaining the desired results only in relation to the organization of the processes realization in repetitive linear projects. In case of realization of non-linear construction objects or construction units, it is usually necessary to choose between the reduction of the project implementation time and maintaining the continuity of crews work on the units. It was found that there is a lack in the literature of developed method enabling harmonization of crews’ work, while minimizing the downtime at work and the duration of the entire project taking into account additional constraints, e.g. the need to not exceed the deadlines for the realization of the project stages.The article presents the concept of a multi-criteria optimization method of harmonizing the execution of non-linear processes of a multi-unit construction project in deterministic conditions. It will enable the reduction of realization time and downtimes in work, taking into account the preferences of the decision maker regarding the relevance of the optimization criteria. A mathematical model for optimizing the selection of crews and order of completion of units in multi-unit construction projects was also developed. In order to present the possibility of usage of the developed concept, an example of the optimal selection of crews and their work schedule was solved and presented. The proposed method may allow for better use of the existing production potential of construction enterprises and ensure synchronization of the crews employed during the work, especially in the case of difficulties in acquiring qualified staff in construction industry.


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