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Comparing contributors to time and cost performance in building projects
Affiliation:1. AIRBUS, Aircraft Control, 316 route de Bayonne, 31060 Toulouse Cedex 09, France (+33-561183803;7. University of Bristol. Aerospace department - Queen''s Building. University Walk. Bristol, BS8 1TR. UK;71. Deimos Engenharia, 1998-023 Lisbon, Portugal;77. DEIMOS Space S.L.U, Ronda de Poniente, 19, 28760, Tres Cantos, Madrid, Spain
Abstract:Identifying the relative strengths of the linkages between procurement sub-systems and project performance was initially hypothesized to be useful for developing guidelines for the formulation of a performance-oriented construction procurement system. A comprehensive model was developed to incorporate all significant procurement sub-systems variables, together with ‘non-procurement’ related (or ‘intervening’) variables to explore and evaluate such linkages. The multiple regression technique was applied to analyze the data from 32 Hong Kong-based building projects and the results were compared with reality. The results suggest that procurement sub-systems variables are less significant than the non-procurement related variables in predicting time and cost performance levels on Hong Kong building projects.
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