Nguyen, H T and Hadikusumo, B H W (2018) Human resource related factors and engineering, procurement, and construction (EPC) project success. Journal of Financial Management of Property and Construction, 23(1), pp. 24-39. ISSN 1366-4387
Abstract
Purpose: This paper aims to assess the impact of human resource-related factors, including human resource development (HRD) and human resource competency (HRC), on engineering, procurement and construction (EPC) project success (PS), and explore the interrelationship among these factors. Design/methodology/approach: Structural equation modeling with the application of SPSS and AMOS software is used to test three hypotheses in the conceptual framework and analyze interrelationships among HRD, HRC and PS. A survey of 800 participants involved in EPC projects throughout Vietnam was conducted. Findings: Results showed that HRD affects PS directly. HRC has a direct impact on PS; HRD has a direct impact on HRC, and thus, HRD also affects PS indirectly through HRC. Originality/value: The study indicates that the development of a competent human resource for EPC project implementation plays a considerable role in EPC PS. The findings also give project professionals tools for improving HRD and HRC to increase the possibility of EPC PS.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction project management; engineer-procure-construct; human factor; human resource competency; human resource development; project management |
| Index terms: | project success, construction project management, implementation, project management, Vietnam, structural equation modelling, survey, human resource, engineer-procure-construct, methodology, conceptual framework, human factor |
| Subjects: | occupational health and safety management, statistical analysis, theoretical framing, management, research methods, Geography, project management theory and practice, contractual arrangements, data collection methods |
| Topics: | Geographical Context, Project Management, Research Practice, Health and Safety, Procurement, Human Resources |
| Descriptive scope: | 5 PCTEA |
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