Key Performance Indicators of Building Project

Abstract

Management performance of a construction company can be the sum of management performance of each different project. Therefore, the measurement of management performance following construction projects is essential for securing the competitiveness of a company. However, most research has been related to the performance measurement of the construction industry and companies and little has been conducted on individual project's performance. In particular, building projects have various characteristics depending on construction orderer, type and commissioning entity but no performance indicators have been selected based on this classification. This study aims to select performance indicators for subdivided areas based on project characteristics as well as those which can be commonly used to measure management performance at construction and trial run stages of building projects. In the future, those indicators proposed in this study can be used for developing methodology to evaluate them and later applied to actual building projects to generate quantitative data. In addition, they are expected to be used as reference for selecting indicators to measure management performance of plant and civil engineering projects.