Sekar, G; Sambasivan, M and Viswanathan, K (2021) Does size of construction firms matter? Impact of project-factors and organization-factors on project performance. Built Environment Project and Asset Management, 11(2), pp. 174-194. ISSN 2044-124X
Abstract
The purpose of this study is to analyze and compare the impact of project-factors and organization-factors on five indicators of project performance for small and medium enterprise (SME) and large construction contracting firms that are fully responsible for the successful completion of the projects. The five performance indicators are time, cost, safety, quality and financial. A questionnaire survey was conducted to solicit responses from project managers/directors from 342 construction firms in Malaysia. The construction firms included in this study came from various sectors: civil, building and infrastructure; oil and gas; marine and multidiscipline. Hierarchical multiple-regression was used to analyze the data. The salient findings are as follows: (1) impacts of project-factors and organization-factors on performance indicators are different for SMEs and large construction firms and (2) relative impact of organization-factors on performance is much higher than the project-factors. Analyzing the relative impact of project- and organization-factors on the performance of SMEs and large construction firms can significantly enhance the body of knowledge about performance levels and boost best practices in this respect related to construction industry.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | performance; Malaysia; return on assets; corporate culture; small & medium sized enterprises; impact analysis; management styles; leadership; best practice; product development; business metrics |
| Index terms: | construction industry, product development, body of knowledge, oil and gas, impact analysis, best practice, construction contracting firm, multiple-regression, project performance, questionnaire, corporate culture, construction firm, survey, performance indicator, management style, Malaysia, return on assets, project manager, business metric |
| Subjects: | knowledge management, data analysis and analytics, economic analysis, innovation studies, data collection methods, profession, business, organization, industry analysis, statistical analysis, sociology, Geography, project management theory and practice, management, performance measurement, performance management |
| Topics: | Roles and Professions, Business Strategy, Information Management, Geographical Context, Project Management, Research Practice, Organizational Design, Human Resources, Quality 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