| 논문명 |
Investigating the Construction Industry from Key Performance Measurements / [Oral Presentation] Track 1 : Construction Planning and Control |
| 저자명 |
Kunhee Choi(Kunhee Choi) ; Hyun Woo Lee(Hyun Woo Lee) ; Junseo Bae(Junseo Bae) ; Kyeong Rok Ryu(Kyeong Rok Ryu) |
| 수록사항 |
국제건설관리학술대회 - Program & Proceedings, Vol.6 (2015-10) |
| 주제어 |
; Labor productivity ; Profitability ; Cluster analysis ; Census |
| 요약2 |
The construction industry is an integral part of any nation's economy, whether measured by dollar volume or workforce size. In spite of its strong influence, there has been very little specifically aimed at evaluating the current industry performance. This research investigates the macroeconomic performance of the construction industry by accounting for crucial performance affecting factors such as labor productivity and gross margin. A clustering analysis, followed by a series of statistical analyses, yielded a notable finding that labor productivity is the most important factor that affects industry's profitability. The results of the analysis also revealed that the states with the strongest labor productivity show the highest level of profitability in terms of gross margin. This study should be of value to decision-makers when plotting a roadmap for future growth and rendering a strategic business decision. |
