文章基本信息

标题：Understanding the Performance of Construction Business: A Simulation-Based Experimental Study
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作者：Arun Bajracharya ; Stephen Ogunlana ; Hai Chen Tan 等
期刊名称：Australasian Journal of Construction Economics and Building
印刷版ISSN：1835-6354
电子版ISSN：1837-9133
出版年度：2021
卷号：21
期号：4
页码：60-88
DOI：10.5130/AJCEB.v21i4.7559
语种：English
出版社：University of Technology, Sydney
摘要：Higher failure rates of construction business have been observed as a recurring phenomenon in the construction industry. This research focuses on the causes behind a range of performance modes of construction business. The growth and capacity under-investment archetype has been used as the main systems archetype to develop a causal structure for understanding the business performance. A system dynamics model was developed to create a simulation platform for the causal structure. A context of a typical small and medium construction company has been used in the simulation model. This research considered and experimented with a set of selected managerial policies and practices that can lead the construction business to failure, sustenance, or growth. In order to achieve the expected growth or sustenance, it is found that a certain level of balance needs to be secured on how much emphasis is to be given to win new projects, how much profit margins to work with, and how much capacities to be arranged and deployed for project operations, management, and execution.
关键词：Construction business performance; Project; Finance; Capacity; System dynamics; Simulation experiment