An Opportunity to Assess the Effectiveness of Human Resources in the Performance of Construction Operations

Yordan Petkov ()
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Yordan Petkov: University of Economics – Varna

Stroitelno predpriemachestvo i nedvizhima sobstvenost = Construction Entrepreneurship and Real Property, 2024, issue 1, 80-91

Abstract: In the modern conditions of economic development, the tendency to find optimal options for the implementation of economic processes related to the rational use of resources is increasingly confirmed. One of the most developed sectors in Bulgaria is construction. The intensifying competition in it, the rising prices of raw materials and materials, as well as the growing demands of the customers for the final product, pose more and more distinctly the question of the execution of construction activities in a high quality and on time. One of the key conditions for achieving such high productivity is the high efficiency of the employees in the enterprise. Therefore, efforts to develop an objective and accurate system by which to evaluate their performance are of particular importance. In recent years, the so-called Data Envelopment Analysis (DEA). It overcomes some of the weaknesses of traditional appraisal systems and provides a comprehensive performance indicator for both individual workers and entire teams, units, departments, etc. In this regard, in the present work, an attempt has been made to present both the essence of DEA and some possibilities for its application in the evaluation of human resources in the construction enterprise. The theoretical statements are supported by numerical examples and analyzes of the obtained results.

Keywords: Performance appraisal; Efficiency; Human resources; Construction operation (search for similar items in EconPapers)
JEL-codes: C44 J24 (search for similar items in EconPapers)
Date: 2024
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