Katebi, A; Mohammadhosseini, A; Najmeddin, M and Homami, P (2024) The moderating impact of organizational readiness, competitive pressure and compatibility on the cost of using precast concrete components. Journal of Financial Management of Property and Construction, 29(2), pp. 274-294. ISSN 1366-4387
Abstract
Purpose: The purpose of this study is to investigate the factors affecting the cost of concrete component prefabrication using the moderating role of organizational readiness, compatibility and competitive pressure. Design/methodology/approach: The information collected in this study was obtained from 188 questionnaires filled out online by civil engineers active in the Iranian construction industry. Data analysis was performed by partial least squares structural equation modeling. Findings: The results reveal that perceived risk has the greatest impact on cost of using precast concrete components (PCC). Furthermore, the organizational readiness, competitive pressure and compatibility variables have moderating role in the relationship between perceived risk and perceived usefulness. The results can help policymakers and managers to apply the appropriate perspective and strategy to promote this method by illustrating the factors affecting the cost of using PCC in the building construction. Originality/value: Using the variables of perceived risk, perceived usefulness, and perceived ease of use to predict factors affecting the cost of using PCC is considered as an innovation in this research. In addition to identifying the most important factors affecting the cost of PCC prefabrication in the construction industry, this research tries to identify the impact of environmental factors on the model by examining the moderating role of organizational readiness, competitive pressure and compatibility.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | compatibility; competitive pressure; cost; organizational readiness; perceived risk; precast concrete components |
| Index terms: | precast concrete, prefabrication, construction industry, methodology, questionnaire, perceived ease of use, environmental factor, partial least square, manager, data analysis, strategy, perceived usefulness, structural equation modelling, building construction, civil engineer |
| Subjects: | building construction, industry analysis, behavioral psychology, statistical analysis, management, research methods, building materials, environmental science, data analysis and analytics, data collection methods, profession, practitioner |
| Topics: | Sustainability, Construction Technology, Roles and Professions, Construction Materials, Research Practice, Business Strategy |
| Descriptive scope: | 4 PCTA |
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