Beheiry, S M A; Chong, W K and Haas, C T (2006) Examining the business impact of owner commitment to sustainability. Journal of Construction Engineering and Management, 132(4), pp. 384-392. ISSN 0733-9364
Abstract
The purpose of this study was to establish a research mechanism to investigate the impact of corporate commitment to sustainability on capital project planning and capital project performance. The research hypothesized that increasing commitment to sustainability leads to increasing sustainable project planning, and to better cost and schedule performances in large projects. Two sustainability indices, CSCI and SCPPI, were used to determine the level of corporate sustainability commitment and its impact on sustainability practices in capital project planning, and the impacts of coiporate sustainability commitment and sustainable practices in project planning on cost and schedule performances, design changes, and safety compliances. Limited data collected from 17 Fortune 100 owner organizations suggested that a relationship between the two indices existed and that there are strong grounds supporting further development of such sustainability indices. Such indices can help multinational corporations better allocate resources and strike a balance between sustainable practices and financial bottom line.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | cost control; financial management; owners; project management; scheduling; sustainable development |
| Index terms: | design change, sustainable development, commitment, schedule performance, scheduling, compliance, project planning, cost control, owner, sustainable practice, financial management, project management, capital project |
| Subjects: | project management theory and practice, health safety and environment, sociology, sustainable practices, project controls, control systems, operations research, psychology, economic analysis, strategic project management, financial and cost management, contractual arrangements |
| Topics: | Sustainability, Procurement, Stakeholder Management, Project Management, Health and Safety, Business Strategy, Cost Management, Organizational Design, Time Control |
| Descriptive scope: | 2 PC |
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