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Arora, R (1997) Role and influence of emerging social dynamics in decisions on investment opportunities in construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
- Type: Thesis
- Keywords: construction sector; market; standards; environmental impact; investment; market research; programming; employee; quantification; analytic hierarchy process
- ISBN/ISSN:
- URL: http://eprint.iitd.ac.in/handle/2074/6007
- Abstract:
Investment opportunities, particularly in the construction sector, are beset with increasing number of problems and involve the need for looking at multiple objectives besides technology-directed cost-benefit aspects. Industry interaction has enabled to focus on the current inclination and need to look at the following objectives/goals/criteria: (1) J - Improve Asset Utilisation; (2) K - Maximise Sales Volume; (3) L - Maximise Aggregate Earnings; (4) M - Maximise Returns; (5) N - Achieve Growth Rate; (6) O - Accord With Social Responsibility; (7) P - Recognise Employee Welfare; (8) Q - Attempt Global Quality Standards; and (9) R - Attend To Environmental Impact Management. Literature does not reveal the development of a comprehensive procedure for development of decision-guides for such contexts. Adopting the data of SPSM by Kalyana Sundaram, a goal programming model with four objectives was studied, employing also the methodologies of Functional Evaluation and Analytic Hierarchy Process. This emphasized the need that the relative weightages between the criteria be developed reflective of the prevalent social dynamics. Construction industry participants were queried on their perceptions about the relative ranking between the nine objectives. The accumulated data helped in developing relative qualitative position values amongst the nine objectives as industry-aggregated averages. Correlation values were developed from the same fundamental market research data. Reasoned appreciation of the correlation values revealed the several undercurrents affecting, alleviating and aiding the industry. The same results of the market survey were recast into equations of comprehensive social dynamics together with a summation criterion, and lower bounds and upper bounds conditions. This lent to a G.P. formulation for the industry-aggregated average situation with a mind towards the nine objectives. Alternative Trials of G.P. solutions were developed towards the best choice Trials. Certain concepts like "Inversion" came into evidence during this aspect of the study. The self-same industry participants were given the opportunity for a relook into their respective relative preferences among the objectives. This updated data sponsored the development of the concept of eventual equilibrium. The modified matrix of correlation values based on the updated responses was compared with the first set of correlation values. Significant comments could be developed which bore well upon the aspirations and dilemmas of the social dynamics orientations. The industry can persuade itself to enable quantifications of achievement and alleviation measures in terms of each of the nine goals and thereby look for improving in the overall, both for the industry in the aggregate and for the society.
Bhattacharya, S (2011) Enablers of growth for construction companies in India: a strategic approach, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Chaphalkar, N B (2007) Expert system for resolution of delay claims in construction contracts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Deshpande, S D (1988) Some facility planning techniques for construction site layouts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jayesh, M P (2020) Inter-state migration for employment in India: a study on construction workers in Kerala, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jha, K N (2004) Factors for the success of a construction project: empirical study, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Johari, S (2021) Effect of socioemotional cognitive, and technical competencies of workers on construction labor productivity, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kar, S (2021) Developing a decision support system for effective material management in construction, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Karimi, Z (2016) Construction project performance metrics: conceptualization, measurement and application in metro rail, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kuldip, C (1989) OR applications in strategic sector constructions with capital budgeting, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kulshrestha, M (1997) Total Value Control in Construction through Multiple Criteria Decision Making (MCDM), Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, R (2020) Risk management framework for construction projects aligned to actualities, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, S V (2019) Identification and modelling of risk factors, mitigation measures, and entry strategies for Indian construction firms in international markets, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, V S S (1993) Application of fuzzy set theory in construction management, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Maddah, R (2019) An analysis of risks faced by foreign construction firms in India and their effect on project performance, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Mathur, R N (1986) Perception of quality of working life and the related factors: a study of women workers in construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Mujumdar, P (2017) Modeling design interdependency and iteration for multiple two-way information exchanges in construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Padala, S P S (2020) Matrix-based framework for modeling changes across multiple entity types in construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Pandey, P (2019) Lean scheduling in construction projects: realistic milestone planning, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Panwar, A (2019) Development of a many-objective model based on NSGA-III for construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
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Sharma, R (1998) Organizational role stress:focus on executives of construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Sinesilassie, E G (2017) Determinants of success of public construction projects in Ethiopia, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Sundaram, T K (1989) Contract management: a rational approach to construction contract pricing, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Tabish, S Z S (2011) Critical success factors and fair performance in public construction projects, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Tripathi, K K (2018) Critical success factors for construction organizations in India, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.