Criteria and key parameters of construction work plans productivity
The importance of data-driven criteria and key performance indicators for the success of civil construction projects has been established. The construction industry thrives on executing projects on time, within budget, and to stringent quality standards. But how do you measure success in such a complex field? This is where criteria and key performance indicators come into play. By tracking the right data points, construction companies can gain insights into their work plans, identify areas for improvement, and ultimately achieve better project outcomes. In the dynamic world of construction, success depends not only on completing projects on time and within budget but also on continuously improving processes and results. To achieve this, construction organizations rely on robust metrics and key performance indicators to effectively measure and track progress. In this article, we will take a closer look at the key criteria and key performance indicators that are crucial for assessing the success of a construction project. Measuring construction project success requires a multifaceted approach that goes beyond traditional measurements of time and cost. By utilizing a variety of criteria and key performance indicators, construction organizations can gain a comprehensive understanding of project performance, resource utilization, client satisfaction, and sustainability. The aim of the article is to help construction companies effectively use key performance indicators: to describe the benefits of key performance indicators, including improved decision-making processes and enhanced efficiency. By effectively using these tools, construction professionals can achieve operational excellence, deliver successful projects, and attain long-term business success. By implementing a robust key performance indicator system, construction companies can gain clear insights into how their work plans are performing. This data-driven approach allows for proactive adaptation, improved project outcomes, and long-term success.
Authors
- Vladyslav Voitovych (ORCID: https://orcid.org/0000-0003-0015-9786)
Institutions
- Kyiv National University of Construction and Architecture (UA)
Publication Details
- Journal
- Management of Development of Complex Systems
- Published
- 2024-11-29
- DOI
- https://doi.org/10.32347/2412-9933.2024.60.18-23
- Primary Topic
- Construction Management and Sustainability
- Type
- article
- Field-Weighted Citation Impact
- 0.00