Abstract This paper presents an analysis method that quantifies the relationship between project management practices and the cost performance of construction projects. The analysis method includes a series of analysis procedures and methods: data measurement and transformation, contingency table analysis, logistic regression, and a composite index. Step-by-step analysis procedures and methods are described along with the data obtained from 143 owner projects to examine the effect of nineteen project management practices on cost performance. The analysis method uncovers the minimum implementation levels of project management practices for better cost performance, and quantifies the combined effects of project management practices on cost performance varied by their implementation levels. The analysis results generate specific and quantitative information used in implementing project management practices for better cost performance. This information will help practitioners achieve improved cost performance in the most effective and efficient way. The analysis method designed with a series of statistical methods makes it possible to produce useful quantitative information for the implementation of project management practices.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Quantifying combination effects of project management practices on cost performance


    Contributors:

    Published in:

    Publication date :

    2016-06-06


    Size :

    13 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




    Quantifying combination effects of project management practices on cost performance

    Suk, Sung Joon / Chi, Seokho / Mulva, Stephen P. et al. | Online Contents | 2017


    Quantifying operating cost reduction from aircraft performance optimization

    Lax, David / Darnell, Mark / O'Keefe, Owen et al. | IEEE | 2018


    Space project management - cost & schedule management

    European Cooperation for Space Standardization | SLUB | 1996


    Bringing Project Management Practices into Automotive Programs

    Giantaglia, Paulo Eduardo / de Sousa Pereira, Tiago | SAE Technical Papers | 2005


    Project cost consultation management system

    TANG LIANG | European Patent Office | 2022

    Free access