A Review of Performance Management in Construction Industry
Author(s):
M.A. Khaliq, Dr. Mohammed Ahmed Hussain
Keywords:
Abstract
Improving construction efficiency by means of Time and Cost effectiveness would surely contribute to cost saving. Projects are organized to accomplish complex tasks that cannot be handled by individuals but by team experts in the construction industry. Project success in Construction Industry depends on how well the team members can work effectively to accomplish objectives within scope, Time, cost, and quality constraints. Therefore, this research aims to identify the importance of performance management and its influence on the Infrastructure Projects for managing and integrating organizational and employee performance. In past the contributions of the, researches‟ shows things were done for an effective performance management system in the construction industry based on the faults in the existing systems adopted globally. Most of the reviews are based on the question and surveys shows only the Performance in different aspects as present practices takes in to account the performance from the Project Managers to the Site Engineer or even in case of Productivity to know the unit quantity of work and the unit amount of cost required to complete by the unit quantity of work force and some studies are based on the appraisal which does not contribute the reality of the Performance Management. The performance of a successful project team is measured by these factors, such as technical success according to agreed project objectives; Performance on project schedule; Performance on budget. The main assumption is that by managing the performance of the individual and team, departmental and organizational performance will follow and by improving the individual and team performance levels, organizational performance will also improve. In India, as per Ministry of Statistics and Programme Implementation, out of a total of 1420 public infrastructure projects which are worth 150 crores and above, more than 25% of the public sector projects have cost overruns and time escalation to the tune of 3.58 lakh crores & with an average time delay of 45.95 months due to bad Performance of the project. Delays and cost overruns have substantial impact from economic as well as political point of view. Due to lack of Performance Mana
Article Details
Unique Paper ID: 151528

Publication Volume & Issue: Volume 8, Issue 1

Page(s): 192 - 197
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