Elyamany, A; Basha, I and Zayed, T (2007) Performance evaluating model for construction companies: Egyptian case study. Journal of Construction Engineering and Management, 133(8), pp. 574-581. ISSN 0733-9364
Abstract
The dynamic nature of today's construction industry compels construction partners to seek strategies in order to improve performance. Current research introduces a performance evaluation model for construction companies in order to provide a proper tool for a company's managers, owners, shareholders, and funding agencies to evaluate the performance of construction companies. The model developed helps a company's management to make the right decisions. Financial, economical, and industrial data are collected from Egyptian construction companies for nine consecutive years (1992-2000). Five indices (models) are developed: company performance score, economy performance score, industry performance score, performance index, and performance grade. The models developed consider companies in four construction sectors: general building, heavy, special trade, and real estate. These models accommodate the effect of macroeconomic and industry related factors and company size on the performance evaluation. The final outcome of current research is a performance grade, which provides the performance of a construction company. The developed model is validated, which shows robust results.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | case reports; construction firms; Egypt; evaluation; performance characteristics |
| Index terms: | case study, owner, real estate, funding, Egypt, industry performance, construction industry, manager, construction company, construction firm, strategy, performance evaluation, agency, construction sector |
| Subjects: | Geography, management, performance measurement, industry analysis, financial analysis, sociology, practitioner, data collection methods, organization, economic analysis, real estate economics |
| Topics: | Urban Studies, Quality Management, Cost Management, Business Strategy, Geographical Context, Research Practice, Stakeholder Management, Roles and Professions |
| Descriptive scope: | 4 PCTE |
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