An Assessment Tool for Impacts of Construction Performance Indicators on the Targeted Sustainability of a Company

Abstract

A construction company is a dynamic system capable of transforming and passing from one quality state to another while retaining its system quality due to its properties including: - Effectiveness - ability to produce a result and to create products required by consumers; - Flexibility - ability of the production system to adapt to ever-changing external environment; - Durability - ability of the production system to produce results over a long period; - Manageability - acceptability of temporary changes in functional processes in the desired direction influenced by control action; - Reliability manifested in sustainable functioning that is ensured by the management system, cooperation with other production systems, and internal reserves. In this connection, the authors of this article have set an objective of selecting a descriptive and effective instrument of estimating losses of statistical control and, accordingly, the targeted sustainability of a construction company at the current stage of economic development in this country. They also expand on the notion of functional sustainability of construction companies as a dynamic production system. This article is focused on development of recommendations with a view of achieving the targeted functional sustainability level of construction companies in present-day conditions and disturbances. Therefore, sustainability is examined in this article as a multidimensional emergent property of a construction company viewed as a dynamic cybernetic system designed to manufacture construction products and to maintain its systemic quality in interaction with production processes.