| Title |
Methodology Development for Analyzing Performance of Star Technology using BSC in Construction |
| Authors |
Park, Hwan-Pyo ; Hong, Tae-Hoon ; Chin, Kyung-Ho |
| Keywords |
Construction R&D ; Performance Analysis ; Star Technology ; Performance Indicator |
| Abstract |
Construction Research and Development (R & D) projects have been begun with the investment of 1.2 billions in 1994 and have been reached to 30 billions in 2004. During this ten-year period, a total of investment for construction R&D amounts to 125.7 billions (Total 418 construction R&D projects). However, the results of each R&D project could not apply to real construction site because each project has been performed by a small size (0.5 billions). In addition to those, the social interest on the construction R&D projects has not been received and those importance has not been recognized. Especially, there aren't still standardized methodologies or weighted measurement data for evaluating research performance of the construction R&D projects up to now. The construction R&D projects has been invested on the basis of an annual technology demand survey rather than the research performance outcome. Therefore, it is important to establish a qualitative performance measurement model for evaluating construction R&D projects. This paper proposes a new research methodology for analyzing the performance measurement of the construction R&D projects. First of all, the Balanced Score Card (BSC) is used to evaluate the construction STAR technologies selected in this research. The performance items of BSC has been modified as four criteria such as "productivity,“ knowledge accumulation," "training of students,“ and "welfare." The new research methodology developed in this paper is expected to use in establishing resonable construction R&D budget in the future. |