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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Role and influence of emerging social dynamics in decisions on investment opportunities in construction industry, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Bhattacharya, S (2011) Enablers of growth for construction companies in India: a strategic approach, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Chaphalkar, N B (2007) Expert system for resolution of delay claims in construction contracts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Deshpande, S D (1988) Some facility planning techniques for construction site layouts, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jayesh, M P (2020) Inter-state migration for employment in India: a study on construction workers in Kerala, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Jha, K N (2004) Factors for the success of a construction project: empirical study, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.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S (2021) Effect of socioemotional cognitive, and technical competencies of workers on construction labor productivity, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kar, S (2021) Developing a decision support system for effective material management in construction, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.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Z (2016) Construction project performance metrics: conceptualization, measurement and application in metro rail, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kuldip, C (1989) OR applications in strategic sector constructions with capital budgeting, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kulshrestha, M (1997) Total Value Control in Construction through Multiple Criteria Decision Making (MCDM), Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, R (2020) Risk management framework for construction projects aligned to actualities, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.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of risk factors, mitigation measures, and entry strategies for Indian construction firms in international markets, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Kumar, V S S (1993) Application of fuzzy set theory in construction management, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.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.
Patel, D A (2015) Estimating the number of fatal accidents and investigating the determinants of safety performance in indian construction, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
Patil, S K (2016) Determining influencing factors and predicting dispute outcome of variation claims in Indian construction contracts/ by Smita Krishnarao Patil, Unpublished PhD Thesis, , Indian Institute of Technology Delhi.
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.
- Type: Thesis
- Keywords: competence; measurement; construction project; asset management; cost control; health and safety; leadership; safety; owner; professional; stakeholder; India; critical success factor; factor analysis; regression analysis; questionnaire survey
- ISBN/ISSN:
- URL: http://eprint.iitd.ac.in/handle/2074/7683
- Abstract:
Ensuring success in the construction business is the aim of the owners and top management of construction organizations. Previous research indicates that the presence of certain factors in an organization makes it more successful than organizations without those factors. Because the construction business is one of the riskiest businesses in the world, the identification of such factors and adoption of these factors in the work ethic of the company is of vital importance for the owner/top management. Also, like any other organization, it has become essential for organizations in the construction industry to measure their performance effectively for long-term survival in today’s competitive business environment. Therefore, it is imperative for a construction organization to know about various performance measurement factors to evaluate its performance. Traditionally, construction organizations with a track-record of successful project completion have been considered to be successful construction organizations. However, while construction projects may have been successful, it is not always the case that the construction organization is also successful. They may even fail and go bankrupt in the near future. Therefore, there is a need to think about the success of a construction organization at a corporate level, rather than focusing only on success at the project level. Although the identification of success factors at the project level has been studied, it has not been investigated properly at the organization level. Therefore, it is important to identify the relevant factors for the success of construction at the level of the organization. This study presents the factors that contribute to the success of construction organizations that operate in India. The research method involved seeking responses from experts in the construction industry through a questionnaire survey. A total of 106 experts from 90 different organizations were included in the survey. Factor analysis and structural equation modeling of responses, which were related to 30 success attributes, enabled the extraction of five significant success factors, which are: experience and performance, top management competence, supply chain and leadership, availability of information flow and resources, effective cost control measures. Similarly, the factor analysis and structural equation modeling of responses that were related to 20 performance attributes enabled five significant performance factors to be extracted: profitability and asset management, satisfaction of key stakeholders, predictability of cost and time, environment, health, and safety (EHS), and quality consciousness. The top management’s competence emerged as the most critical success factor when stepwise regression analysis of the success factors was performed against various performance factors. The relative weights of each success and performance factor were assigned using a fuzzy preference relation, for which the opinions of 18 experts from 18 different construction organizations were sought. These relative weights were used to develop a computer program in VB.net to measure the success of the construction organizations against various performance factors. The outcomes of the study will help construction organizations to efficiently manage their resources and to develop a strategy to help them succeed in the construction business. They could provide excellent value addition to professionals working in the field of construction management, by enabling them to focus on fewer factors rather than attending to numerous factors for the optimum result. The identification of success factors will provide an opportunity for construction organizations to enhance their success by addressing weak or problem areas, the significance of which was not previously known to them.