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Investigation of Key Factors to measure on-site Performance of aConstruction firm |
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ÀÌ¿µ´ë(Young Dai Lee) ; Nirmal Kumar Acharya(Nirmal Kumar Acharya) ; ±èÁ¤±â(Jung Ki Kim) |
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Çѱ¹°Ç¼³°ü¸®ÇÐȸ ³í¹®Áý, Vol.8 No.6 (2007-12) |
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½ÃÀÛÆäÀÌÁö(246) ÃÑÆäÀÌÁö(17) |
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; Performance evaluation ; Key performance factors ; Project success ; Construction projects ; Constructionfirm ; Project management body |
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The performance of projects has always been an area of interest in the construction industry. Roles of allconstruction supply chain partners are necessary; however the role of a contractor firm in the constructionproject is pivotal. So, this research intended to explore a Construction Firm¡¯s performance criteria whichcould measure the level of performance of that firm in an ongoing project. Data was collected fromconstruction professionals working in three principal project participant organizations, namely Owner,Consultant and Contractor. A total of 113 nos. of performance measuring items were sorted from literaturereview and used to collect data. Statistical tools processed by SPSS program was employed to analyze thedata. Out of total 113 items, only 65 nos. of variables were found to be acceptable to every population groupof this study. Factor analysis revealed 12 key performance predicting factors (KPPF) with 53 predictiveindicators. 12 KPPFs with index weight are: work progress and smoothening (9.3%), change ordermanagement and work accuracy (9.1%), business relationship building (8.1%), adequacy of construction workprocedure (8.6%), quality performance (8.0%), health and site safety adequacy (8.8%), Innovative contractor(8.0%), adequacy of construction site information (6.8%), compliance with contract plan/specificationrequirements (8.9%), creditworthiness and financial capability (8.3%), intra-agency relationship andresponsiveness (7.0%) and resource management (9.2%). These results could be useful to projectmanagement body to evaluate performance of its contractor firm on site as well as the contractor itself toassess own performance and its subcontractors on-site. |