Onubi, H O; Yusof, N and Hassan, A S (2020) Effects of green construction on project's economic performance. Journal of Financial Management of Property and Construction, 25(3), pp. 331-346. ISSN 1366-4387
Abstract
Purpose: This study aims to examine the effects of green construction site practices on the economic performance of projects executed by “class A” contractors in Nigeria. The effects of stormwater management, materials management waste management and energy management on economic performance were examined. Design/methodology/approach: Data was collected through a survey of class A contractors in Nigeria, and 168 usable responses were received. The partial least-squares structural equation modelling technique was used to analyse the collected data. Findings: It was observed that all the green construction practices studied had significant effects on the economic performance of construction projects with the greatest effect from energy management. Practical implications: The results imply that green construction practices generally lead to economic performance. The study has both theoretical and practical implications, as it helps both policymakers and contractors better understand the relationships between these variables of green construction practices and economic performance to better plan for their projects and for the government to formulate appropriate policies. Originality/value: The study’s findings makes significant contributions to the ongoing discussion on the relationship between green construction practices and economic performance. The relationship established between stormwater management, waste management, materials management, energy management and economic performance in this study is different when compared with those in other similar studies.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction site; economic performance; energy management; materials management; stormwater management; waste management |
| Index terms: | Nigeria, energy management, survey, structural equation modelling, construction site, materials management, waste management, stormwater, construction project, methodology |
| Subjects: | sustainability and energy, work location, operations management, waste management, data collection methods, environmental engineering, statistical analysis, Geography, production management, research methods |
| Topics: | Research Practice, Geographical Context, Project Management, Sustainability, Site Management |
| 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