FACTORS AFFECT PERFORMANCE MEASUREMENT IN CONSTRUCTION PROJECT PORTFOLIO

El-Samadony, Adel; AbdelKhaleq, Hesham; Khalaf, Diaa

doi:10.21608/jesaun.2020.214447

FACTORS AFFECT PERFORMANCE MEASUREMENT IN CONSTRUCTION PROJECT PORTFOLIO

Document Type : Research Paper

Authors

¹ Professor of Construction Engineering and Management- Civil Engineering Department- Helwan University- Cairo, Egypt

² Professor of Construction Engineering and Management- Civil Engineering Department- Alexandria University- Cairo, Egypt

³ MSc Candidate Construction Project Management Faculty of Engineering Helwan University- Cairo, Egypt.

10.21608/jesaun.2020.214447

Abstract

Construction companies regularly perform multiple construction projects concurrently. Projects vary by complexity, duration, budget, variety of works, and the number of stakeholders. To determine and report the status of the ongoing portfolio of projects, methodical agreed-upon metrics should be set forth at both projects and portfolio level. The assessment of project indicators during implementation is not an easy task due to the lack of up-to-date data and factors measuring problems. The purpose of the research is to analyze common performance measurement factors, the contribution of those factors to the overall project portfolio performance, and to illustrate how to assess a projects' execution efficiency. A review for the earlier research and studies has been done to name the commonly used factors usually picked to measure the performance of portfolio and project management efficiency. A questionnaire survey conducted to project management professionals exploring their judgment in respect of relative weight contribution to each factor. AHP mathematical model used to analyses the survey responses.

Keywords

Main Subjects

Civil Engineering: structural, Geotechnical, reinforced concrete and steel structures, Surveying, Road and traffic engineering, water resources, Irrigation structures, Environmental and sanitary engineering, Hydraulic, Railway, construction Management.

References

[1] David I. Cleland and WilliamR.King., Project Management Handbook, 2nd ed., D. I. a. W. R. King., Ed., Johan Wiely &Sons, Inc., 1988.

[2] A. Ahmad-Latiffi, "Performance measurement for construction businesses,", 2012. [Online]. Available: https://repository.lboro.ac.uk/articles/performance_measurement_for_construction_businesses/9456785. [Accessed 3 12 2019].

[3] M. Radujković, M. Vukomanović and I. B. Dunović, "Application of key performance indicators in South‐Eastern European construction," Journal of Civil Engineering and Management, vol. 16, no. 4, pp. 521-530, 2010.

[4] H. A. E. M. Ali, I. A. Al-Sulaihi and K. S. Al-Gahtani, "Indicators for measuring performance of building construction companies in Kingdom of Saudi Arabia," Journal of King Saud University: Engineering Sciences, vol. 25, no. 2, pp. 125-134, 2013.

[5] L. O. Oyewobi, A. Windapo and J. O. B. Rotimi, "Measuring strategic performance in construction companies: a proposed integrated model," Journal of Facilities Management, vol. 13, no. 2, pp. 109-132, 2015.

[6] S. Kärnä and J. M. Junnonen, "Benchmarking construction industry, company and project performance by participants’ evaluation," Benchmarking: An International Journal, vol. 23, no. 7, pp. 2092-2108, 2016.

[7] Susan S. Bivins & Michael J. Bible, "Evaluating Strategic Project Portfolio Performance," PM World Journal, vol. I, no. III, October 2012.

[8] The Enterprise Portfolio Management Council, PROJECT PORTFOLIO MANAGEMENT, New Jersey: John Wiley & Sons, Inc., 2009, p. 39.

[9] T. L. Saaty, "Decision-making with the AHP: Why is the principal eigenvector necessary," European Journal of Operational Research, vol. 145, no. 1, pp. 85-91, 2003.