| Title |
Key Performance Indicators for Developing Construction Performance Index |
| Authors |
Yu Il-Han ; Kim Kyung-Rai ; Jung Young-Soo ; Chin Sang-Yoon |
| Keywords |
Construction Industry ; Performance Measurement ; Performance Index ; Key Performance Indicators |
| Abstract |
The Performance Measurement in the construction industry is more important recently. Various researches about PMS (Performance Measurement Systems), such as the government-oriented PMS in U.K. have been done. As growing concern at new vision and target in the Korean construction industry, it is needed to manage the growth of the construction industry using performance measurement. The purpose of this study is to recommend the framework for development of PI(Performance Index) and KPIs(Key Performance Indicators) focusing on the Korean construction industry. First, the framework for development of PI is suggested through literature survey and studying cases performed in the U.K. Second, KPIs are suggested through analyzing limitations and problems appeared in the existing researches, questionnaire survey, and interviews to verify and supplement limitations and problems. Finally, the validity of the proposed KPIs are validated by three case studies. This study also suggests the expected effects and further research fields. |