Research on Continuous Project Performance Measurement for Construction Phase of Medium Capacity Rapid Transit System
Date Issued
2015
Date
2015
Author(s)
Lin, Tzu-Chieh
Abstract
Construction industry usually conduct construction in project configuration. In these years, Taiwan construction industry has been cumulating project management knowledge and applies it on construction projects as an usual practice. Construction professionals become more capable to successfully handle and than complete construction projects with cumulating experience and project management knowledge. However, execution officers of construction enterprise are used to evaluate the success of project by merely taking a look at revenue report without concerning much about the real time performance assessment. As an unavoidable trend of construction projects, they become more complicated, larger contract amount, longer project period and more turnkey orientation. Thus, it shall put more attention on real time performance indicators of construction project not only due to the considerable cash flow involved, but also it’s the time for Taiwan construction companies to ambitiously outspread to overseas construction projects, as a result, multiple projects are conducted simultaneously yet separately in different regions on different time line. It becomes more essential to accurately arrange limited resource supporting multiple construction projects timely and appropriately. Execution officers of construction industry therefore need a set of few project performance indicator which is objective and tailored to own enterprise to monitor projects continuously during execution and provide timely support at the initiation of abnormal circumstances. This research purposes to conclude and select 3 groups of real-time performance indicator for ease of construction project management to continuously monitor project performance out of 209 performance indicators composed of CAPP (Continuous Assessment on Project Performance) by CII, project management indicators by PMI (Project Management Institute), EVM (Earned value project/performance management) and project management indicators of Public Construction Management System by Public Construction Commission, Executive Yuan. This research further verify the practicability of the proposed project performance indicators by applying these indicators to as built construction projects of medium capacity rapid transit system. Results show the practicability of the critical project performance proposed. It also concludes a comprehensive critical list for successful construction project in aspects of client, inspection and construction. Practical application of the conclusion to facilitate construction project of future medium capacity rapid transit system is the goal of this research. Practical application of these result aling with limitations and further research are described.
Subjects
medium capacity rapid transit system
project performance indicator
construction project management
Type
thesis
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