Abstract

The traditional classification of construction companies depending on the number of employees is not appropriate when analysing the competitiveness of construction companies. The collected data of Lithuanian construction companies was analysed by applying statistical methods and the construction companies were classified into competitiveness classes according to the relative value of the overhead costs. The new classification provides the basis for economical evaluation of the construction companies and modelling of their competitiveness in regard to the value of overhead costs as well as applying the competitive advantages for the estimation of construction bidding price. Santrauka Tradicinė statybos įmonių klasifikacija pagal įmonės darbuotojų skaičių nėra korektiška statybos įmonėms analizuoti ir jų konkurencingumui vertinti. Taikant statistinius duomenų apdorojimo metodus išnagrinėti Lietuvos statybos įmonių duomenys ir pasiūlyta nauja statybos įmonių klasifikacija į konkurencingumo klases pagal jų pridėtinių išlaidų santykinio rodiklio reikšmę. Sukurta nauja statybosį monių klasifikacija leidžia atlikti ekonominį statybos įmonių įvertinimą ir modeliuoti jų konkurencingumą pridėtinių išlaidų aspektu, suformuoti konkurencingą pasiūlymo kainą, įvertinant konkrečius statybos įmonės konkurencinius pranašumus.

Highlights

  • The issues of a construction company’s competitiveness arise constantly during the preparation of construction bids and participating in public tenders, while the dynamically growing competitive environment forces companies to pay more and more attention towards the implementation of marketing practices (Jaafar et al 2008)

  • Competitive advantages of construction bidding price can be obtained in two ways, i.e. by modelling direct and indirect costs

  • In further analysis and processing of statistical data, relative rates of the calculated overhead costs, administration costs and building facilities costs were used. These relative rates of overhead costs are calculated as the part of costs per unit of operation volume, expressed in monetary terms, i.e. 1 million Lt. This rate is considered to be an adequate parameter for providing the evaluation of construction companies and their classification according to the competitiveness in regard to overhead costs

Read more

Summary

Introduction

The issues of a construction company’s competitiveness arise constantly during the preparation of construction bids and participating in public tenders, while the dynamically growing competitive environment forces companies to pay more and more attention towards the implementation of marketing practices (Jaafar et al 2008). This aims at preserving the company’s positions in a specific part of the market and applying its competitive advantages in the regional market.

Research group
Competitiveness area High competitiveness Low competitiveness
Findings
Conclusions
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.