Identification of the key investment project management factors in the housing construction sector in Poland

Sobieraj, J and Metelski, D (2023) Identification of the key investment project management factors in the housing construction sector in Poland. International Journal of Construction Management, 23(1), pp. 1-12. ISSN 1562-3599

Abstract

The aim of this paper is to distinguish a number of factors that allow for a better understanding of investment process management in the housing construction industry. The research work that we performed consisted in conducting a questionnaire survey. A total of 192 Polish companies dealing with housing construction took part in the survey. The collected questionnaire responses were then subjected to a thorough analysis and interpretation, with the use of a method called exploratory factor analysis (EFA). In a nutshell, our analysis consisted in reducing the number of survey variables (73) in order to identify a few pivotal factors (4) with the greatest impact on investment processes management in the field of residential construction in Poland. These factors include: the activity of companies in the market environment (1), pro-social policy of the state (2), highly advanced technologies (3) and the use of appropriate market relations (4). In our study, we aim to show how successful construction processes are perceived by industry professionals. The scientific method that we used allows for assignment of a certain order of priority to specific groups of questionnaire variables, dependent on the eigenvalues-related percentage of explained variation.

Item Type: Article
Uncontrolled Keywords: exploratory factor analysis; housing project management
Index terms: construction process, variation, process management, questionnaire, exploratory factor analysis, housing project, survey, Poland, residential construction, project management
Subjects: data collection methods, management, construction integration, Geography, contractual condition, project management theory and practice, housing and residential development, building construction, statistical analysis
Topics: Contract Administration, Site Management, Urban Studies, Research Practice, Project Management, Geographical Context, Business Strategy
Descriptive scope: 4 PCEA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here