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Examination of interrelationships of key constructionperformance factors utilizing structural equation modeling |
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| รหัสดีโอไอ | |
| Creator | 1. Eiei Soewin 2. Thanwadee Chinda |
| Title | Examination of interrelationships of key constructionperformance factors utilizing structural equation modeling |
| Publisher | Research and Development Office, Prince of Songkla University |
| Publication Year | 2022 |
| Journal Title | Songklanakarin Journal of Science an Technology (SJST) |
| Journal Vol. | 44 |
| Journal No. | 2 |
| Page no. | 408-414 |
| Keyword | construction performance, relationships, structural equation modelling, Thai construction industry |
| URL Website | https://rdo.psu.ac.th/sjst/index.php |
| ISSN | 0125-3395 |
| Abstract | Thai construction industry faces several problems while trying to improve its performance. This study utilizesstructural equation modelling to examine inter-relationships among 10 key performance factors, namely 1) time, 2) cost, 3)quality, 4) safety and health, 5) client satisfaction, 6) environment, 7) financial performance, 8) internal stakeholder, 9) externalstakeholder, and 10) information, technology, and innovation. The final model confirms strong relationships among thetraditional performance indicators: time, cost, and quality. Apart from that, also emerging concepts of performance measurementare assessed, especially in the areas of stakeholders and environmental management. Additional support is needed to improve theenvironmental standards, so that Thai construction companies can enhance their competitiveness in the global market. Newtechnologies and innovative ideas should be encouraged in the real practices. It is expected that the final model of constructionperformance assists construction companies to better understand key performance factors, as well as their relationships, andeffectively plan for their performance improvement. |
