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Key performance indicators for measuring construction success

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TLDR
In this paper, a set of key performance indicators (KPIs), measured both objectively and subjectively are developed through a comprehensive literature review, and the validity of the proposed KPIs is also tested by three case studies.
Abstract
The construction industry is dynamic in nature. The concept of project success has remained ambiguously defined in the construction industry. Project success is almost the ultimate goal for every project. However, it means different things to different people. While some writers consider time, cost and quality as predominant criteria, others suggest that success is something more complex. The aim of this paper is to develop a framework for measuring success of construction projects. In this paper, a set of key performance indicators (KPIs), measured both objectively and subjectively are developed through a comprehensive literature review. The validity of the proposed KPIs is also tested by three case studies. Then, the limitations of the suggested KPIs are discussed. With the development of KPIs, a benchmark for measuring the performance of a construction project can be set. It also provides significant insights into developing a general and comprehensive base for further research.

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Citations
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Exploring the Value of Project Management: Linking Project Management Performance and Project Success

TL;DR: In this article, the authors report a research study which tests the relationship between PM performance and project success, drawing from empirical data on PM professionals working in UAE project-based organizations.
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Effects of cooperative procurement procedures on construction project performance: A conceptual framework

TL;DR: In this article, the authors developed a testable holistic procurement framework that examines how a broad range of procurement related factors affects project performance criteria and proposed that these relationships are moderated or mediated by the collaborative climate (i.e., the trust and commitment among partners) in the project and moderated by the overall project characteristics.
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Building Information Modeling (BIM) application framework: The process of expanding from 3D to computable nD

TL;DR: A process of expanding from 3D to computable nD models, specifically, a possible way to integrate safety, quality and carbon emission variables into BIM during the construction phase of a project is explained.
Journal ArticleDOI

The impact of contractors' attributes on construction project success: A post construction evaluation

TL;DR: In this article, the impact of contractors' attributes on project success from a post-construction evaluation perspective is studied. And the authors identify what critical success factors (CSFs) that greatly impact the success of project.
Journal ArticleDOI

Impact of risk management on project performance: the importance of soft skills

TL;DR: In this paper, the authors investigated the relationship between risk management and project success, considering the contingent effect of project complexity and found that the soft side of risk management appears most prominently and explains 10.7% of the effect on project success.
References
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Journal ArticleDOI

Project management: cost, time and quality, two best guesses and a phenomenon, its time to accept other success criteria

TL;DR: In this paper, the authors propose a new framework to consider success criteria, The Square Route, for IS-IT project management, which is based on the concept of stakeholder benefits against which projects can be assessed.
Book

Oxford Advanced Learner's Dictionary of Current English.

TL;DR: The Oxford advanced learner's dictionary of current English as discussed by the authors is a dictionary of advanced learners of English with a focus on English learners' ability to read and understand the English language.
Journal ArticleDOI

A new framework for determining critical success/failure factors in projects

TL;DR: In this article, the authors proposed a new scheme that classifies the critical factors, and describes the impacts of these factors on project performance, and the results are encouraging, in that practitioners support the use of this scheme for determining and analysing critical success factors and how systems respond to these factors.
Journal ArticleDOI

The role of project management in achieving project success

TL;DR: The role of different project management techniques to implement projects successfully has been widely established in areas such as the planning and control of time, cost and quality as discussed by the authors. In spite of this the distinction between the project and project management is less than precise.
Journal ArticleDOI

Criteria of project success: an exploratory re-examination

TL;DR: In this paper, the authors explore the issues from different perspectives of people looking at the project and propose to classify project success into two categories: the macro and micro viewpoints, and suggest that two criteria are sufficient to determine the macro viewpoint of project success: completion and satisfaction.
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