Study of factors affecting the performance of construction projects in AEC industry
Dixit Saurav ()
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Dixit Saurav: Editorial Board Member at Construction of Unique Buildings and Structures, St. Petersburg, Russia, Sector 106, Faridabad, Haryana121101, India.
Organization, Technology and Management in Construction, 2020, vol. 12, issue 1, 2275-2282
Abstract:
A construction project is like a living entity and requires the interconnection and coordination of several stakeholders and many of them have their objectives, which sometimes create a conflict of interest between the teams and within the teams. The success of any project is repeatable, and a set of attributes for the success of a construction project can be identified, requiring discipline and hard work. The construction sector is the engine of growth for a nation and supplies services and goods to other industries. The objective of the study is to analyse the enabling factors affecting the performance construction projects in Architecture Engineering and Construction industry. The methodology chosen for the study is to collect primary data from the Indian construction industry using structured questionnaire surveys. The collected data are analysed using reliability and factor analyses. The findings of the study provide the value of reliability, that is, Cronbach's alpha value of (0.86) of the data collected using a questionnaire survey. Furthermore, exploratory factor analysis produced five main significant factors based on covariance between the attributes and grouped into factors such as site management and coordination, leadership and financial management, planning, commitment, and coordination having a variance of 17.65, 11.8, 9.1, 8.5, and 7.5%, respectively. This article is the extended version of the paper accepted and presented at CCC2019.
Keywords: project performance; construction project; construction management; construction productivity; project management; building construction (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:otamic:v:12:y:2020:i:1:p:2275-2282:n:3
DOI: 10.2478/otmcj-2020-0022
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