Journal of Construction Business and Management最新文献

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Development of a Conceptual Framework for Effective Quality Management Practices in Construction Organisations 为建造业机构制订有效质素管理实务的概念架构
Journal of Construction Business and Management Pub Date : 2021-06-07 DOI: 10.15641/jcbm.5.1.922
E. Odiba, P. Demian, K. Ruikar
{"title":"Development of a Conceptual Framework for Effective Quality Management Practices in Construction Organisations","authors":"E. Odiba, P. Demian, K. Ruikar","doi":"10.15641/jcbm.5.1.922","DOIUrl":"https://doi.org/10.15641/jcbm.5.1.922","url":null,"abstract":"Effective quality management practices are critical to successful project delivery. However, the quality challenges in developing countries such as Nigeria, which is the focus of this research, have been a concern to construction practitioners and other interested parties such as clients and regulatory bodies. Some scholars suggest that part of these challenges can be attributed to ineffective quality management systems; thus, leading to consequences such as building collapse, poor organisational/industry reputation, poor/lack of traceability, poor documentation process, and lack of planned audit. This research aims to develop a contextual model that is intended to improve the culture of quality that can facilitate effective quality management practices in construction organisations in Nigeria. A mixed (quantitative and qualitative) methodological approach was deployed based on a pragmatic research philosophy paradigm. A questionnaire (quantitative) survey was adopted to gather data and results from the data analysis and reviewed literature were discussed, and the findings supported the development of a conceptual quality management model in construction as the outcome of this research. The designed model comprises eight integrated components. The model is a quality system that construction organisations can use: to identify some typical barriers hindering effective QMSs implementation; to assist them to develop cultural values that can drive effective QMSs implementation; to undertake effective QMSs practices as they relate to construction, and to recognise the potential results and longer-term benefits obtainable from implementing effective QMSs. The model was evaluated and validated by professional construction practitioners and academic experts for its usefulness and applicability. Future study should focus on the practical validation of the model. \u0000Keywords: ISO 9001; Quality Management Practices; Quality Management System.","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129890737","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Awareness and Usage of Environmental Waste Management Practices (EWMP) of Contractors on construction sites. 建筑地盘承建商对环境废物管理措施的认识及应用
Journal of Construction Business and Management Pub Date : 2021-06-07 DOI: 10.15641/jcbm.5.1.924
O. Oladiran, A. A. Bayewun, A. Aderogba
{"title":"Awareness and Usage of Environmental Waste Management Practices (EWMP) of Contractors on construction sites.","authors":"O. Oladiran, A. A. Bayewun, A. Aderogba","doi":"10.15641/jcbm.5.1.924","DOIUrl":"https://doi.org/10.15641/jcbm.5.1.924","url":null,"abstract":"Construction wastes pose challenges to contractors and clients of construction projects globally, with significant negative consequences on the environment. This study investigates the environmental waste management practices (EWMPs) of contractors on construction sites. The objectives are to determine the level of awareness and adoption of EWMPs. The population of the study was construction professionals on sites in Lagos State, Nigeria. Random sampling technique was used to select 63 companies out of the 126 construction companies in categories C, D and E of firms registered with Lagos State Public Procurement Agency. The targeted respondents were construction professionals in the selected companies. Questionnaires were used to collect data from respondents. Descriptive statistics tools, including mean, percentage and frequency were used for analysis. The study's findings reveal that contractors are aware of about 28 out of the 47 EWMPs identified from literature. These include good site materials storage, ordering exact amount of materials and checking deliveries properly. It also reveals the strategies that are not used as belonging to material exchange/recyclers' association, polluter pays principle, usage of self-contained mini or mobile concrete crusher. It is concluded that although contractors are aware of 28 EWMPs, 26 EWMPs are used on construction sites which are 60% and 55%, respectively. It implies that awareness determines the usage of the EWMPs. The implication is that if the awareness of EWMPs is increased, the implementation among construction contractors will be improved. It is therefore recommended that professionals should increase their awareness and usage of neglected EWMPs. This can be achieved through construction firms, governments and institutions sponsoring training of professionals on EWMPs. Additionally, polluter pays principle and recyclers’ association should be enforced in project implementations. This can be achieved through government legislation and government regulatory policies for project procurements.Keywords: Awareness; Best practices; Construction sites; Nigeria; Waste management. \u0000  \u0000 ","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131135602","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Environmental and Socio-Economic Impacts of Ojodu-Berger Road Upgrade, Lagos, Nigeria 尼日利亚拉各斯Ojodu-Berger公路升级工程的环境和社会经济影响
Journal of Construction Business and Management Pub Date : 2020-04-27 DOI: 10.15641/JCBM.4.1.785
W. Alade
{"title":"Environmental and Socio-Economic Impacts of Ojodu-Berger Road Upgrade, Lagos, Nigeria","authors":"W. Alade","doi":"10.15641/JCBM.4.1.785","DOIUrl":"https://doi.org/10.15641/JCBM.4.1.785","url":null,"abstract":"Extensive road project in large cities produces diverse impacts. This study attempts an assessment of the environmental and socio-economic effects of a recent road upgrade, the mitigating measures of adverse effects experienced and their effectiveness in Ojodu Berger community, a major transport node in Lagos, southwestern Nigeria. Using a survey research design through questionnaire administration, 120 respondents comprising of 50 residents, 40 traders and 30 transport operators were sampled using the purposive sampling technique. The Relative Significance Index (RSI) of project impacts was measured using 27 variables as identified in the literature and general observation of situations in the project environment before the survey. On a 5-point Likert scale at the pre-construction, construction and post-construction phase of the project. The study reveals poor environmental conditions at the pre-construction phase, which became escalated in the construction phase; noise pollution is the most significant impact (RSI = 4.36). At the post-construction phase, encroachment on pedestrian facilities is the most significant impact (RSI = 4.20). Socio-economic impacts such as increased rental value, unemployment and displacement of businesses were also significant. The Mean Index (MI) of 3.14 for the construction phase impacts was the highest compared to 3.00 at the pre-construction phase and 3.02 at the post-construction phase. Mitigating measures against adverse impacts were both effective and ineffective, while some adverse impacts were not mitigated. There was no clear evidence that an impact study was done before project implementation. The study recommended strong government commitment to environmental and social impacts assessment of road development, more robust stakeholders' engagement for the formulation of strategies and measures to address the adverse impacts of similar projects in the future.","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122103510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Maintenance Performance of Prison Facilities in Southwestern Nigeria 尼日利亚西南部监狱设施的维护性能
Journal of Construction Business and Management Pub Date : 2019-08-20 DOI: 10.15641/JCBM.3.2.584
O. Ajayi, H. Koleoso, M. Ajayi, O. Faremi
{"title":"Maintenance Performance of Prison Facilities in Southwestern Nigeria","authors":"O. Ajayi, H. Koleoso, M. Ajayi, O. Faremi","doi":"10.15641/JCBM.3.2.584","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.584","url":null,"abstract":"Maintenance performance measurement aims to assess and improve the value created after maintenance efforts, as it determines the impact of maintenance on the performance of a system or facility and its business process. As objects of maintenance, prison facilities ought to provide a safe and decent environment for prison staff and prisoners to work and live in, as well as for all others who interact with the facilities. This study evaluates the satisfaction ratings of maintenance performance on prison facilities in Southwestern, Nigeria. A survey approach was adopted to collect data from the relevant Nigerian prison staff population of 2,187 prison workers, excluding staff in the maintenance unit within a specific period. Stratified sampling technique was used to generate a sample of 1,094, which is representative of the entire population across the prisons. Three hundred and eighty (35%) out of the one thousand and ninety-four copies of the questionnaire were completed and returned. Data collected were analysed using the SPSS package. The study found that prison staff showed satisfaction with the level of cleanliness in the prison environment, quality of water and control of ventilation employing a window, as well as partial satisfaction with the twenty-nine other criterion assessed. Overall, the study indicated partial satisfaction for performance on prison facilities and established a significant agreement among prison staff regarding the perception of the performance of prison facilities. The research, therefore, suggests continuous evaluation of maintained prison facilities to ascertain their condition and performance levels. \u0000Keywords: Maintenance Performance Criteria; Prison Facilities; Prison Staff; Satisfaction Ratings","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114943494","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Assessing Quality Management Practice in Nigerian Construction Industry 尼日利亚建筑业质量管理实践评估
Journal of Construction Business and Management Pub Date : 2019-08-20 DOI: 10.15641/JCBM.3.2.569
U. Abdullahi, S. A. Bustani, F. E. Rotimi, A. Hassan
{"title":"Assessing Quality Management Practice in Nigerian Construction Industry","authors":"U. Abdullahi, S. A. Bustani, F. E. Rotimi, A. Hassan","doi":"10.15641/JCBM.3.2.569","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.569","url":null,"abstract":"Several adverse reports on quality performance drive the need to assess quality management practice in the Nigerian construction industry. Incidences of building failures and in extreme cases, building collapse have been attributed to poor quality management among other factors. This paper assesses the quality management practices of Nigerian construction firms intending to suggest appropriate courses of action for improving quality performance. Data were collected through questionnaires administered to management staff in 20 construction firms in Abuja, Nigeria. Findings from the study show that inspections and statistical quality control techniques are the most widely used quality management tools by construction firms in Nigeria. However, the study found that the preparation of quality management plans (QMP) and quality auditing (a measure of quality assurance in building production), is not popular among Nigerian construction firms. Inadequate planning arrangements for quality, poor communication of quality requirements and lack of awareness of the benefits of quality management were identified as the most significant issues affecting quality management practice. Therefore there is a low uptake of quality management practice principles within construction organizations in Nigeria. Hence, the need to create awareness for implementing quality management principles and concepts in its construction industry. \u0000Keywords: Assessment, Construction industry, Nigeria, Quality management, Quality standards","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126275869","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
A State Legitimation Approach of Reserved Built Environment Professional Work - A Case for South Africa – Part 1 保留建筑环境专业工作的国家合法化途径——以南非为例——第一部分
Journal of Construction Business and Management Pub Date : 2019-08-20 DOI: 10.15641/JCBM.3.2.740
T. E. Manchidi, P. Rwelamila
{"title":"A State Legitimation Approach of Reserved Built Environment Professional Work - A Case for South Africa – Part 1","authors":"T. E. Manchidi, P. Rwelamila","doi":"10.15641/JCBM.3.2.740","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.740","url":null,"abstract":"This paper borrows from the lenses of the sociology of professions, sociology of science and temporary project organisations and construction reform to examine state legitimation of reserved built environment (BE) professional work as the first part of a two-part study. In doing so, it examines the growth of professions as a consequence of the division of expert labour evolving to fill in knowledge gaps created by emergent social forces as other knowledge areas are rendered less relevant. It shows how professional work negatively impacts on the delivery efficiencies in the project as a temporary organisation. In making this argument, it draws on the jurisdictional theory of professions to illustrate the relational and interactional relationship of professions in construction projects. To help focus on collaboration, a preliminary conceptual model for the legitimation of professions at the macro (policy) level is developed to explain how boundary margins keep professions relational, and how the dynamics of boundary work unfold in a territorial space in a project (meso) environment. Finally, it provides the scope of the second part of the study (the field study) by formulating the main research objective and research question and their respective specific research objectives and research questions, respectively. \u0000Keywords: Built Environment Professions, Division of Expert Labour, Jurisdictional Boundaries, Legitimation, Professional Work, Temporary Organisations","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"159 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131651089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Barriers to the Effective Regulation of the Building Construction Industry: An Empirical Analysis 阻碍建筑行业有效监管的障碍:一个实证分析
Journal of Construction Business and Management Pub Date : 2019-08-18 DOI: 10.15641/JCBM.3.2.745
W. Omollo
{"title":"Barriers to the Effective Regulation of the Building Construction Industry: An Empirical Analysis","authors":"W. Omollo","doi":"10.15641/JCBM.3.2.745","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.745","url":null,"abstract":"This study investigates key barriers to the effective regulation of the building construction industry in Kenya, a case study of Kisii Town. It was guided by the Public Interest Theory of Regulation, which provided the underpinning elucidating why the building construction industry in Kenya needs regulation. The target population comprised 84 registered building contractors with a sample size of 66 selected using simple random sampling by application of random number table. As regards limitation, the study does not measure the extent of quality assurance within the construction industry, but rather delve on the key factors impeding its effective regulation. The research findings show that ineffective regulation of the construction industry in Kisii Town was prompted by the joint activities of building development contractors and limitations of the National Construction Authority (NCA) (the regulator). Regarding the activities of building contractors, identified barriers included failure to refer to key legislation that regulates the construction industry, failure to obtain statutory approvals of building development, and laxity to invite supervision of ongoing projects by planning authorities. Conversely, factors elucidating why NCA was not successfully regulating the construction industry included inadequate multi-sectoral coordination, inadequate surveillance, and limited sensitization of key stakeholders. Drawing from these findings, the study recommends regular monitoring and enhanced enforcement that would promote compliance and sensitization of contractors with applicable standards and regular inspections of ongoing projects. Also, establishing a coordinating committee to harmonize institutions that deal with development control. \u0000Keywords: Construction Industry, Kenya, Kisii Town, Regulation","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126361227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Relationship Between Organisational Effectiveness and Project Performance of SME Contractors: a Developing Country Perspective 中小企业承包商组织效能与项目绩效的关系:发展中国家视角
Journal of Construction Business and Management Pub Date : 2019-08-18 DOI: 10.15641/JCBM.3.2.568
C. Ogbu, N. Olatunde
{"title":"Relationship Between Organisational Effectiveness and Project Performance of SME Contractors: a Developing Country Perspective","authors":"C. Ogbu, N. Olatunde","doi":"10.15641/JCBM.3.2.568","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.568","url":null,"abstract":"Organisational effectiveness (OE) theory provides a veritable framework for examining organisational performance. This theory has, however, made a very little inroad into construction management literature, and there are limited discussions on the domains within which construction firms can measure their OE. Besides this, the extent to which corporate OE determines a contractor's project performance is not fully understood, primarily, in the small and medium-sized enterprise (SME) contractor context. Based on data from 53 projects in higher institutions in Nigeria, this study evaluated the measures of corporate OE of SME contractors and examined the contributions of the corporate OE of the firms to their project performance. By factor analysis, it was discovered that the SME contractors' corporate OE can be measured using corporate advantage, firm experience, firm certification and firm owner background. Using canonical correlation, a significant relationship was found between the OE of the firms and the measures of project performance. The analysis further revealed that project cost and quality performances are bettered by increases in firm certification and experience, although time performance tends to worsen as a result. In addition to identifying the domains for measuring an SME contractor's OE, this study shows that better firm experience does not necessarily improve a contractors' project time performance. Construction stakeholders and the public should beware of firms that only boast of an excellent corporate advantage and ownership by prominent persons in the society, but without adequate experience and certification. \u0000  \u0000Keywords: Corporate Advantage, Firm Experience, Project Performance","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134393601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Factor's Influencing Contractors Risk Attitude in the Malaysian Construction Industry 影响马来西亚建筑业承包商风险态度的因素
Journal of Construction Business and Management Pub Date : 2019-08-18 DOI: 10.15641/JCBM.3.2.668
D. M. Taofeeq, A. Adeleke
{"title":"Factor's Influencing Contractors Risk Attitude in the Malaysian Construction Industry","authors":"D. M. Taofeeq, A. Adeleke","doi":"10.15641/JCBM.3.2.668","DOIUrl":"https://doi.org/10.15641/JCBM.3.2.668","url":null,"abstract":"The Malaysian construction industry often acts as a vehicle that motivates' the development of the nation's economy. The industry is commonly referred to as a catalyst for development. However, poor performance in terms of productivity and quality systems has been the main issues of discussion from most of the government reports. In order to improve performance in the Malaysian construction industry, the introduction of the Occupational Safety and Health Act (OSHA) in 1994 has made all industries in Malaysia to identify hazards, conduct risk assessment and control those risk and at the same time implement an integrated system to ensure consistency and better performance of projects in Malaysian industries. Therefore, in this paper, the ranking of specific factors affecting contractors' risk attitudes in the Malaysian construction industry was assessed. A review of relevant literature was undertaken to identify the factors influencing contractors' risk attitudes. The study found that the four leading specific factors influencing contractors risk attitude in the Malaysian construction industry are; Project Related Factors, Working capital, Human-Related Factors, and External Environment. The study confirms the individual factors that affect the contractor's risk attitudes. Knowledge of these factors will facilitate contractors' decision-making process and serve as a useful reference for further studies in the field of construction project management. \u0000Keywords: Contractor's risk attitude, Malaysia, Risk attitude, Risk management","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124089836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 19
Respondents’ perception of Risk Factors on Residential Property Development in Abuja, Nigeria 受访者对尼日利亚阿布贾住宅房地产开发风险因素的看法
Journal of Construction Business and Management Pub Date : 2019-02-12 DOI: 10.15641/JCBM.3.1.2019.588
O. T. Ogunbayo
{"title":"Respondents’ perception of Risk Factors on Residential Property Development in Abuja, Nigeria","authors":"O. T. Ogunbayo","doi":"10.15641/JCBM.3.1.2019.588","DOIUrl":"https://doi.org/10.15641/JCBM.3.1.2019.588","url":null,"abstract":"Significant risk factors such as social, technological, economic, environmental and political in the timing development, minimization of cost and expected return as they influence the successful delivery process of residential property development were investigated in this study towards enhancing real estate development decisions. This is expedient because it has been argued that the link between project success criterions determines a successful project delivery. Data were obtained from members of Real Estate Developers Association (REDAN) in Abuja through the use of a self-administered questionnaire. The respondents were asked to rate the influence of risk factors on residential property development parameters, and the data were computed using logistic regression analysis. The study revealed that real estate developers were more concerned with the influence of economic and technological risk than other sources of risk. Also, the statistical effects were computed through logistic regression analysis. It was explained by significant value (p<0.05) which depicts the likelihood of the risk factor which could either be positive or negative, as explained by beta (β). The findings revealed the effect of economic risk factors in timing development to be (β=1.833, p<0.05). Also, the effect of technological risk factors to influence development cost were found to be (β=--.187, p<0.05) while the effect of economic risk factors on return was found to be (β=1.026, p<0.05). The main contribution of the study to the body of knowledge is developing a risk factors assessment technique for practitioners and academia to assess the residential property development performance as related to timely completion, cost and returns to enhance the need to develop competence in managing and minimizing the effect of risk factors on the residential investment appraisal. \u0000Keywords: Development appraisal, Expected return, Profit maximization, Residential property, Risk analysis, Time.","PeriodicalId":149221,"journal":{"name":"Journal of Construction Business and Management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122725071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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