scholarly journals Performance Management Method for Construction Companies

2007 ◽  
Author(s):  
Namho Kim ◽  
Moonseo Park ◽  
Hyun-Soo Lee ◽  
Seungjun Roh
Keyword(s):  
Performance Management ◽  
Construction Companies ◽  
Management Method

scholarly journals Framework of performance measurement practices in construction companies in Egypt

2018 ◽  
Vol 10 (2) ◽  
pp. 7-14 ◽  
Author(s):  
Krzysztof Dziekoński ◽  
Omar Hesham Mohamed Fawzy Ibrahim ◽  
Abdul-Majeed Mahamadu ◽  
Patrick Manu
Keyword(s):  
Performance Measurement ◽  
Performance Assessment ◽  
Performance Management ◽  
Construction Industry ◽  
Dominant Role ◽  
Holistic Approach ◽  
Company Performance ◽  
Construction Company ◽  
Construction Companies ◽  
Performance Measurement Systems

Abstract Construction industry is considered as one of the most important sectors in Egypt. One of the major challenges faced by the industry, however, is the unavailability of suitable performance measurement systems for assessing companies’ performance. Modern performance assessment systems adopt a more universal approach to the measurement of construction company performance as opposed to the traditional project triangle. This paper aims to examine the practice of performance measurement in the Egyptian construction industry. Results show dominant role of in-house developed performance management systems as well as the use of KPIs as a method of performance assessment. The study further reveals that the highest importance is given to measures related to the time of project delivery, quality of works, clients’ satisfaction and profitability. Hence, the traditional project triangle of project’s success is the most prevalent approach to performance evaluation in the construction industry in Egypt. However, a shift towards a more holistic approach to performance assessment in larger companies was observed.

scholarly journals Green BIM Concept – Scandinavian Inspirations

2016 ◽  
Vol 62 (1) ◽  
pp. 99-110 ◽  
Author(s):  
K. Araszkiewicz
Keyword(s):  
Project Management ◽  
Case Studies ◽  
Scientific Review ◽  
Building Information Modelling ◽  
Sustainable Building ◽  
Institutional Conditions ◽  
Construction Companies ◽  
Building Information ◽  
Management Method ◽  
Integrated Concept

Abstract This article discusses an integrated concept of sustainable building and of Building Information Modelling (BIM) by means of implementation of the Green BIM management method. Apart from presenting this innovative project management method with particular attention paid to solutions applied by Scandinavian enterprises, the article aims at analysing institutional conditions regarding application of the Green BIM within Polish construction companies. Arguments presented in the article are based on results of a scientific review and industry specific publications. Moreover, the article discusses case studies of projects completed with the implementation of the Green BlM method.

APPLICATION OF KEY PERFORMANCE INDICATORS IN SOUTH‐EASTERN EUROPEAN CONSTRUCTION

2010 ◽  
Vol 16 (4) ◽  
pp. 521-530 ◽  
Author(s):  
Mladen Radujković ◽  
Mladen Vukomanović ◽  
Ivana Burcar Dunović
Keyword(s):  
Performance Management ◽  
Construction Industry ◽  
Performance Indicators ◽  
Key Performance Indicators ◽  
Structured Interviews ◽  
East European ◽  
Construction Company ◽  
Construction Companies ◽  
Management Processes ◽  
And Performance

The importance of performance based benchmarking has become a necessity in a modern construction company and presents a constant challenge for the construction industry. The aim of this paper is to elaborate significance, role and types of Key Performance Indicators (KPI) in the construction industry and show how different management perspectives perceive the indicators. A literature review was carried out in order to generate a listing of KPIs, used among academe and the industry. Afterwards, using surveys and semi‐structured interviews, the data was gathered from more than 30 South‐East European construction companies. Results were analyzed, producing a final set of 37 indicators. This study identified a low level of awareness of KPI models and performance management processes among the companies. Furthermore, the analysis showed a substantial difference in perception of KPIs among investors, consultants and contractors, which consequently led to a compiling list of KPIs. The top ten KPI's are: Quality, Cost, Number of investor interferences, Changes in project support, Time increase, Client satisfaction, Employees’ satisfaction, Innovation and learning, Time and Identification of client's interest. The paper concludes with final remarks and guidelines for the implementation of KPIs in practice. Santrauka Šiuolaikineje statybos imoneje efektyvumu pagristo lyginimo svarba jau yra neišvengiama, o statybu pramonei tai reiškia nuolatinius iššūkius. Šiuo darbu siekiama išnagrineti pagrindiniu statybu sektoriaus veiklos rodikliu (PVR) reikšme, vaidmeni ir rūšis bei pademonstruoti, kaip šie rodikliai vertinami remiantis skirtingais vadybos požiūriais. Apžvelgta literatūra, siekiant sudaryti akademineje aplinkoje ir pramoneje naudojamu PVR saraša. Pasitelkus apklausas ir iš dalies struktūrinius pokalbius, buvo surinkti duomenys iš daugiau kaip 30 pietryčiu Europos statybos imoniu. Išanalizavus rezultatus gautas galutinis 37 rodikliu rinkinys. Šiame tyrime nustatyta, kad imones menkai ka težino apie PVR modelius ir efektyvumo valdymo procesus. Be to, paaiškejo, kad investuotojai, konsultantai ir rangovai PVR suvokia gana skirtingai, ir del to teko sudaryti PVR saraša. Dešimt pagrindiniu PVR yra šie: kokybe, kaina, investuotojo kišimosi atveju skaičius, pasikeitusi parama projektui, nukelti terminai, kliento pasitenkinimas, darbuotoju pasitenkinimas, naujoves ir mokymasis, laikas, kliento interesu nustatymas. Darbo pabaigoje pateikiamos baigiamosios pastabos ir PVR taikymo praktikoje rekomendacijos.

scholarly journals EFQM EXCELLENCE MODEL AS THE TQM MODEL OF THE CONSTRUCTION INDUSTRY OF SOUTHEASTERN EUROPE

2014 ◽  
Vol 20 (1) ◽  
pp. 70-81 ◽  
Author(s):  
Mladen Vukomanovic ◽  
Mladen Radujkovic ◽  
Maja Marija Nahod
Keyword(s):  
Quality Management ◽  
Performance Management ◽  
Construction Industry ◽  
Management Tool ◽  
Good Representation ◽  
Total Quality ◽  
Assessment Scores ◽  
Construction Companies ◽  
Policy And Strategy ◽  
Efqm Model

Over the years the European Foundation for Quality Management Excellence model (EFQM) has become a popular performance management tool and representation of Total Quality Management (TQM) in Europe. Although the model has been tested and supported by many questionnaire surveys, EFQM has never been validated on real self-assessment scores obtained from companies. Therefore this study validates the model on scores from 34 construction companies in South Eastern Europe. The analysis shows that: a) there is an enabler excellence construct that is obtained by each enabler criteria; b) there is a result excellence construct that is obtained by each result criteria; and c) the EFQM model is most suitable for Contractor type organizations. Furthermore, we have found that the EFQM weights do not entirely correspond with the construction industry. Therefore we present new weights for the better use in the construction. Although this study proves EFQM to be a good representation of TQM in the construction industry, further improvements are needed. This is especially evident within investor and consultant type organization, where the criteria of Policy and Strategy, Leadership and Processes, People results and Client results showed certain limitations.

Study on the Key Elements of Chinese Enterprises' Management Innovation Based on the Principal Component Analysis

2014 ◽  
Vol 556-562 ◽  
pp. 6453-6457
Author(s):  
Lu Liu ◽  
Xiao Bing Pei
Keyword(s):  
Principal Component Analysis ◽  
Performance Management ◽  
Production Management ◽  
Process Management ◽  
Principal Component ◽  
Component Analysis ◽  
Enterprise Management ◽  
Management Innovation ◽  
Key Factors ◽  
Management Method

In order to identify the key factors influencing the development of China's enterprise management innovation and study the interaction between them. 23 factors concerning management innovation are analyzed with the method of principal component analysis on the basis of the former research. The analytical results show that enterprise supply chain management method, enterprise field management method, enterprise performance management method, enterprise quality management, enterprise production management, enterprise process management are the key factors in management innovation. Paying more attention on the key factors helps to capture the principal contradiction, and to improve the efficiency of the analysis on enterprise management innovation.

scholarly journals The feasibility study of government performance management of China

2016 ◽  
Vol 2 (1/2) ◽  
pp. 105
Author(s):  
Shuangmin Xu
Keyword(s):  
Performance Management ◽  
Process Management ◽  
Self Control ◽  
Scientific Management ◽  
Government Performance ◽  
Administrative Organization ◽  
Outcome Management ◽  
Multi Level ◽  
Management Method ◽  
Unique Status

Government performance management is a scientific management method that combines process management with outcome management, and it is focused primarily on civil servants. The difficulties of government performance management derive from the unique status and interests of government, distinct from those of business: government is nonprofit, in most cases has a monopoly, and is concerned with public welfare. Other problems in govrnment performance management stem from the existence of the peculiar "pseudo-adaptation," the lack of a self-control drive and that relentless pursuit of maximized efficiency of administrative organization, resulting in whtat is know as "state evil." However, with the requirements of our new status in the WTO to deepen economic system reforms, reverse "financial deficit" and combat corruption in the Party and the State. China will surely institutie a multi-level open performance management method, based on the successful reform.

scholarly journals THE BALANCED SCORECARD AND EFQM WORKING TOGETHER IN A PERFORMANCE MANAGEMENT FRAMEWORK IN CONSTRUCTION INDUSTRY

2013 ◽  
Vol 19 (5) ◽  
pp. 683-695 ◽  
Author(s):  
Mladen Vukomanovic ◽  
Mladen Radujkovic
Keyword(s):  
Performance Management ◽  
Construction Industry ◽  
Balanced Scorecard ◽  
Best Practice ◽  
Analytic Hierarchy ◽  
Strategic Objectives ◽  
The Balanced Scorecard ◽  
Construction Companies ◽  
Working Together ◽  
New Perspective

In the recent years the Balanced Scorecard (BSC) and EFQM Excellence Model (EFQM) became very popular performance management (PMM) models. However, many studies showed their flaws, especially in communicating, integrating and aligning Key Performance Indicators (KPI) with strategy, setting targets and conducting benchmarking. BSC or EFQM have always been used alone and regarded as exclusive PMM tools. In contrast, this study introduces a novel PMM framework that relies on the strengths of both BSC and EFQM. The framework uses the Analytic Hierarchy Process (AHP) to connect these two models. At first, AHP is used for setting priorities among competitive strategic objectives and afterwards for selecting KPIs against SMARTER (Specific, Measurable, Achievable, Relevant, Time-bound, Encouraging and Rewarding) criteria. By verifying the framework on the construction industry we discovered that companies can integrate EFQM and BSC to conduct benchmarking, identify best practice, align strategy with the competitive surroundings and selecting strategy aligned KPIs. Using this framework, construction companies can thus achieve strategic control that otherwise by just using BSC could not be achieved. These findings are important because they bring a new perspective on managing organizations and confront many authors who have put EFQM and BSC against each other.

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