Developing a project performance assessment model for benchmarking the project success of Indian construction projects

IF 4.5 Q1 MANAGEMENT

Benchmarking-An International Journal Pub Date : 2023-07-13 DOI:10.1108/bij-09-2022-0553

P. V. Ingle, Mahesh Gangadhar, M. Deepak

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引用次数: 0

Abstract

PurposeIn recent times, there has been a lot of research focused on performance measurement (PM) in project-based sectors. However, there are very few studies that were reported on the significance of PM in the construction sector. Keeping track of an organization in achieving organizations goals and objectives seems an important way. One of the major challenges faced by the industry is unavailable of an appropriate PM system for assessing organizational performance. Most of the PM approaches consider the traditional project triangle assessment of project success. Based on the limitations identified in existing PM models, the purpose of this paper is to develop a comprehensive PM model, i.e. Modified Project Quarter Back Rating (MPQR) applicable for construction projects.Design/methodology/approachA detailed list of performance areas as a method for PM is analyzed in the construction industry context. Also, industry-specific professionals conducted semi-structured interviews to assess whether these performance areas are sufficient to measure and understand the PM systems.FindingsThe research finding focuses on developing the MPQR model that considers both financial and non-financial areas for performance assessment to provide a holistic assessment of project performance.Practical implicationsMPQR model provides an opportunity to set the benchmark for overall performance for construction organizations.Originality/valueThe findings of the study are expected to provide guidelines to construction professionals for implementing the performance model that will improve performance in the construction industry.

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开发一个项目绩效评估模型，以衡量印度建筑项目的项目成功

近年来，有大量的研究集中在绩效测量(PM)在项目为基础的部门。然而，很少有研究报道了PM在建筑部门的重要性。跟踪一个组织在实现组织的目标和目的似乎是一个重要的方式。该行业面临的主要挑战之一是缺乏适当的项目管理系统来评估组织绩效。大多数项目管理方法考虑传统的项目三角评估项目成功。基于现有项目管理模型的局限性，本文的目的是开发一个适用于建设项目的综合项目管理模型，即修正项目季度回顾评级(MPQR)。设计/方法/方法在建筑行业背景下，分析了作为项目管理方法的绩效领域的详细列表。此外，特定行业的专业人员进行了半结构化的访谈，以评估这些性能领域是否足以度量和理解PM系统。研究发现研究发现的重点是开发MPQR模型，该模型考虑了财务和非财务领域的绩效评估，以提供项目绩效的整体评估。实践启示smpqr模型为建筑组织的整体绩效提供了一个设定基准的机会。原创性/价值研究的结果可为建造业专业人士提供指引，以推行绩效模式，改善建造业的表现。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Benchmarking-An International Journal MANAGEMENT-

CiteScore

10.40

自引率

16.10%

发文量

154

期刊介绍： Benchmarking is big news for companies committed to total quality programmes. Its enthusiastic reception by many prominent business figures has created high levels of interest in a technique which promises big rewards for co-operating partners. Yet, like total quality itself, it must be understood in its proper context, and implemented single mindedly if it is to be effective - this journal helps companies to decide if benchmarking is right for them, and shows them how to go about it successfully.