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AlMunifi, A A and Almutairi, S (2021) Lessons learned framework for efficient delivery of construction projects in Saudi Arabia. Construction Economics and Building, 21(04), 115-41.

Bajracharya, A, Ogunlana, S, Tan, H C and Siew, G C (2021) Understanding the performance of construction business: A simulation-based experimental study. Construction Economics and Building, 21(04), 60-88.

  • Type: Journal Article
  • Keywords: capacity; construction business performance; finance; simulation experiment; system dynamics
  • ISBN/ISSN:
  • URL: https://doi.org/10.5130/AJCEB.v21i4.7559
  • Abstract:

    Higher failure rates of construction business have been observed as a recurring phenomenon in the construction industry. This research focuses on the causes behind a range of performance modes of construction business. The growth and capacity under-investment archetype has been used as the main systems archetype to develop a causal structure for understanding the business performance. A system dynamics model was developed to create a simulation platform for the causal structure. A context of a typical small and medium construction company has been used in the simulation model. This research considered and experimented with a set of selected managerial policies and practices that can lead the construction business to failure, sustenance, or growth. In order to achieve the expected growth or sustenance, it is found that a certain level of balance needs to be secured on how much emphasis is to be given to win new projects, how much profit margins to work with, and how much capacities to be arranged and deployed for project operations, management, and execution.

Dodanwala, T C, Shrestha, P and Santoso, D S (2021) Role conflict related job stress among construction project professionals: The moderating role of age and organization tenure. Construction Economics and Building, 21(04), 21-37.

Langston, C and Crowley, C (2021) Evaluation of transportation infrastructure: A case study of gold coast light rail stage 1&2. Construction Economics and Building, 21(04), 1-20.

Noor, R N H R M, Ibrahim, C K I C and Belayutham, S (2021) Making sense of multi-actor social collaboration in building information modelling level 2 projects: A case in Malaysia. Construction Economics and Building, 21(04), 89-114.

Oo, B L, Lim, T H B and Zhang, Y (2021) Women workforce in construction during the covid-19 pandemic: Challenges and strategies. Construction Economics and Building, 21(04), 38-59.