Abstract
The Construction Industry is a complex and fragmented industry worldwide with regards to its supply chain, products, and processes, and is faced with a similar dilemma as faced by manufacturers during its time in past decades. Scope, time, and cost are the triple constraints of project management and leading factors in defining the project performance. Productivity and efficiency of each construction project is measured through its triple constraints, therefore the factors that affect project success are significantly important. Despite the importance of understanding project performance indicators, few empirical studies have been conducted over the last decade in terms of analyzing the factors that determine the performance of high-rise buildings in Engineering, Procurement, and Construction (EPC) projects. Hence, the aim of this paper is to analyze and rank EPC critical activities across large-scale residential construction projects in Iran, by using the TOPSIS method as a multi-attribute group decision-making technique. Results indicate that engineering design, project planning and controls are significant factors contributing to the project performance. In addition, engineering has a pivotal role in project performance and this significance is followed by the construction phase. On the contrary, all believe procurement is more important than Construction phase.
Highlights
The project is a short-term attempt that seeks to create a product or service
Time, and scope have been the triple constraints of Project Management Triangle (PMT) for many years
Clients can use the TOPSIS indicators developed in this paper for comparing the contractors in the tender stage to assign the job to the best contractors, in terms of history of past performance
Summary
The project is a short-term attempt that seeks to create a product or service. The aim of the project is to identify and achieve its respective owner’s goals. Projects are frequently carried out by the project team as a means of attaining the organizations crucial plan or service production [1]. Project management forms the foundation of every construction project. Construction projects are a multi-faceted and highly organized operation, consisting of many tasks focused solely and in conjunction with the singular purpose of constructing a building or structure [2]. Time, and scope have been the triple constraints of Project Management Triangle (PMT) for many years
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