Using Interpretive Structural Modeling to Analyse the Key Factors in Small-Scale Construction Project Management in Taiwan

Abstract

The subject of this study is Grade C small-scale construction businesses. In this study, the research methods used were literature review, observations, and interviews. Information was collected for summarization of the key factors. Subsequently, Interpretive structural modeling was used: based on the relevance of each factor, the adjacency and reachability matrices were constructed and the reachability matrix was decomposed, after which the structure model was established. Finally, based on the structure modelling results, the interpretive structure model was constructed. The research results provide small-scale construction firms with vital information that will enable them to adapt to political, economic, social, and technological changes by adjusting the strategies they employ.