Performance Evaluating Model for Construction Companies: Egyptian Case Study
Publication: Journal of Construction Engineering and Management
Volume 133, Issue 8
Abstract
The dynamic nature of today’s construction industry compels construction partners to seek strategies in order to improve performance. Current research introduces a performance evaluation model for construction companies in order to provide a proper tool for a company’s managers, owners, shareholders, and funding agencies to evaluate the performance of construction companies. The model developed helps a company’s management to make the right decisions. Financial, economical, and industrial data are collected from Egyptian construction companies for nine consecutive years (1992–2000). Five indices (models) are developed: company performance score, economy performance score, industry performance score, performance index, and performance grade. The models developed consider companies in four construction sectors: general building, heavy, special trade, and real estate. These models accommodate the effect of macroeconomic and industry related factors and company size on the performance evaluation. The final outcome of current research is a performance grade, which provides the performance of a construction company. The developed model is validated, which shows robust results.
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Information & Authors
Information
Published In
Journal of Construction Engineering and Management
Volume 133 • Issue 8 • August 2007
Pages: 574 - 581
Copyright
© 2007 ASCE.
History
Received: Feb 9, 2005
Accepted: Feb 22, 2007
Published online: Aug 1, 2007
Published in print: Aug 2007
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