| Title |
A Study on the Analysis of Critical Success Factors for Turn-key Construction Projects |
| Authors |
Jeon Sung-Jin ; Kim Yea-Sang |
| Keywords |
Turn-key projects ; project success ; critical success factors ; Analytic Hierarchy Process |
| Abstract |
The volume of Turn-key projects in Korea is tremendously increasing and is expected to keep growing. In most of cases, large construction companies would be the primary contractors to handle both design and construction. However since these companies traditionally have worked as construction contractors, they need to improve management skills over whole phases of the projects as well as construction phase. This improvement requires a lot of resources and efforts. Critical Success Factors(CSFs) can offer the areas where they should focus their efforts to improve their abilities, to complete projects successfully and finally to be a successful turn-key contractor. There have been many studies on CSFs but no studies for turn-key projects. In this study, the CSFs to the turn-key projects were identified from the construction companies' point of view and analyzed in terms of importance to the project success. The results shall show potential areas for the construction companies to put their efforts to improve turn-key project management skills. Data analysis was done by Analytic Hierarchy Process(AHP) method and MS-Excel and Expert Choice were used as analysis tools. |