Construction Enterprises Research Articles

Economic and functional-operational imperatives of forming the economic portfolio of a developer in construction

In the modern era of digitalization of the economy, construction companies are faced with the need to review and optimize their business processes. This article examines the update of the economic and managerial reconfiguration tools for construction companies in the context of digital transformation of their operations. The main emphasis is placed on the importance of introducing the latest technologies and digital tools to optimize the processes of planning, production, resource management and quality control in the construction industry. The benefits of using digital solutions such as integrated construction management systems, virtual reality, artificial intelligence and other innovative tools are highlighted. The author investigates how these technologies can support enterprises in improving efficiency, reducing costs and increasing competitiveness in the current market environment. The conclusion about the need for active adaptation of digital tools to achieve strategic goals and successful development of construction enterprises in the modern digital world is substantiated. Portfolio strategy is a key tool for managing risks and achieving strategic goals. The main aspects of selection, distribution and management of projects in the developer's business portfolio are considered. The article substantiates the conclusion that it is necessary to actively adapt digital tools to achieve strategic goals and successful development of construction enterprises in the modern digital world.Portfolio strategy is a key tool for managing risks and achieving strategic goals.The main aspects of selection, distribution and management of projects in the developer's business portfolio are considered.Attention is focused on the need to harmonize strategic goals with the real possibilities and limitations of resource, risk and investment management to ensure the stable functioning of the enterprise, as well as the importance of analyzing the efficiency and optimization of the portfolio structure.The methods and tools that help developers make informed decisions on the preparation and management of a business portfolio are highlighted.The conclusion emphasizes the importance of a systematic approach to project portfolio management to achieve the successful functioning of a developer enterprise in the construction industry.

Methodological and analytical basis of construction enterprises in the cycle of public-private partnership projects

Public-private partnership (PPP) is a strategically important management tool that allows the state and the private sector to jointly implement projects in various fields, such as infrastructure, health care, education, and others, to promote economic development. However, the successful implementation of PPP requires a clear understanding of the basic definitions and concepts underlying it. This research work is devoted to working out the content of basic definitions in the context of the establishment and development of PPPs. It examines the main terms, such as "public-private partnership", "public-private partnership", "infrastructure projects" and others, including their definition, essence and role in the formation of an effective model of cooperation between the state and the private sector. The conducted research is based on the analysis of scientific literature, legal acts and practical experience of PPP implementation in different countries of the world. It is aimed at revealing the essence and meaning of each of the definitions, highlighting the key aspects that affect their interpretation and use in practice. In addition, the work draws attention to the evolution of concepts and terms in the context of the establishment and development of PPPs over time. Taking into account the dynamics of the global market and changing economic conditions, the work analyzes the impact of new factors on the understanding and use of basic definitions in PPP practice.The main results of the study provide a clear and concrete understanding of the basic definitions of PPPs, which will contribute to improving the quality of planning, implementation and management of PPP projects. In addition, they can become the basis for further research in this area, including the development of new theoretical models and methods for assessing the effectiveness of PPPs.All this indicates the relevance of the topic and the importance of further research in order to improve PPP practice and promote sustainable economic development .

Drivers of corporate social responsibility initiatives among construction companies in Nigeria

PurposeThis study investigates the drivers of CSR practices among construction companies in Lagos, Nigeria.Design/methodology/approachThis research adopted a questionnaire survey to achieve the aim. A purposefully chosen group of managing directors, directors, other senior construction experts or management personnel working for small, medium and large-sized construction enterprises in Nigeria were given questionnaires to complete. 196 questionnaires were issued, out of which 103 were properly completed and returned, with a return percentage of 61% which served as the basis for this study. Utilizing both descriptive and inferential statistics, the collected data were examined.FindingsThe results from the study revealed that “vision of the founder”, “creating public attention”, “competitive advantage” and “business strategy” were the top most four drivers of CSR initiatives among construction companies in Lagos, Nigeria. The results also showed that, there is a statistically significant degree of agreement between various categories of construction companies in Lagos, Nigeria regarding the drivers of CSR initiatives.Originality/valueThe study contributes more effectively to CSR studies by highlighting the drivers of CSR initiatives in construction companies. The finding would facilitate the adoption and implementation of CSR initiatives in construction organizations. The adoption of best CSR practices fosters strong relationship among construction companies, project stakeholders and communities.

Discussion on Environmental Protection in Municipal Construction

With the development of the urbanization process, the scale of municipal construction is gradually expanding. Municipal engineer- ing projects are different from water conservancy projects, and their importance lies in the correlation between the construction of municipal engineering and the life and work of urban residents. Therefore, the impact of municipal construction is also very prominent, the relevant construction enterprises need to pay close attention to environmental protection in the construction of local municipal projects. The implementation of environmental protection measures is conducive to the formation of benign market competitiveness between engineering enterprises, meets the principle of sustainable development of the construction industry, reflects the social responsibility of construction enterprises, and guarantees the excellent and benign construction of modern construction enterprises. This paper briefly analyzes the environmental protection in municipal construction for reference.

Оценка эффективности системы управления крупномасштабными строительными проектами в течение их жизненного цикла

The relevance of the study is due to the increasing importance of large-scale construction management processes throughout the full life cycle, as well as the system-technical nature of the problems that arise in this case. To determine the effectiveness of the management system, the principles of a systematic approach can be applied, in which the subject of economic activity is considered as a single whole with an ordered structure and relationships. It has been established that currently there are many problem-oriented models (simulation, optimization, expert) containing various quantitative indicators and methods for determining effectiveness aimed at finding economically feasible management solutions and providing for their subsequent practical implementation. However, a unified methodological understanding on the issues of evaluating the effectiveness of large-scale construction management has not yet been achieved. The purpose of the study is a methodological justification of a holistic approach to evaluating the effectiveness of a large-scale construction management system. As a working hypothesis, the assumption of a direct inextricable link between the integrity of the management system and the effectiveness of its functioning is accepted. The conceptual framework of the theory of integrity, mathematical statistics, and set theory is used within the framework of a systematic approach. As a result of the conducted research, an understanding of the effectiveness of large-scale construction management has been developed as the integrity of the solutions embedded in it, expressed by a set of any assessments that adequately express the need and possibility of implementing these solutions. The economic aspect of the systemic efficiency of capital management of a construction enterprise is investigated and a variant of its cost (monetary) assessment is proposed. The result obtained in the course of the study can be used as the basis for the development of a wide class of tasks for multi-criteria optimization of the operation of any large-scale construction management system throughout the full life cycle.

Maturity evaluation of real-name management for construction enterprise workers based on PMMM model and AHP algorithm

Since current real-name management for construction workers is unreasonable, this study has divided the management levels of construction companies into five categories, based on their IT applications. Apart from adopting literature induction approach and the project management maturity model (PMMM), the study also considers the six modules of human resource management. It has solicited expert opinions and evaluated them with different indicators and the improved Delphi method. Moreover, analytic hierarchy process (AHP) is employed to determine the algorithm of multiple indicators and the weights. This study has created a system to evaluate the maturity of real-name management of construction workers, offering reference fo enterprises’ personnel information management. It can also be used for industrial and social supervision to promote real-name management.

An Analysis of the Enterprise Culture of the China Railway Fourth Bureau

An Analysis of the Enterprise Culture of the China Railway Fourth Bureau

ENERGY EFFICIENCY MANAGEMENT STRATEGIES OF CONSTRUCTION ENTERPRISES: TYPES AND FEATURES

Purpose. The aim of the article is to systematize the modern types and features of energy efficiency management strategies of construction enterprises. Methodology of research. The method of systematization was used in research, which made it possible to classify the leading strategies of the specified category. The characteristics of the evaluated strategies were established with the help of the induction method, determined by the analysis of individual provisions of scientific works. Findings. Features of modern types of energy efficiency management strategies of construction enterprises are singled out and defined, including: strategies of intelligent energy efficiency management in the construction of office buildings, intersectoral network strategies of energy efficiency management, which include the participation of construction enterprises as structural participants, the strategy of standardization, certification and specifications of energy management of construction enterprises. The systematization of strategies of this type was carried out on the basis of the analysis of the provisions of scientific approaches of foreign authors and it was proved that their selected types are innovative, as they are based on modern models of interaction of participants, mechanisms that are acceptable for the current conditions of ICT development in the field of the construction sector. It has been established that the reference to the defined strategies can make it possible to improve the level of energy efficiency of construction enterprises and construction objects in the conditions of the development of a sustainable society and economy, aimed at the energy transition from fossil fuels and renewable energy, saving energy use. It was found that the implementation of strategies of the specified type has an effect both for socially responsible construction enterprises and for those that are focused only on compliance with existing norms and requirements. It is noted that the adaptation of the specified strategies to the conditions of operation of construction enterprises of Ukraine can be carried out given the fact that there are different positions of the business sector in this field. It was determined that the adoption of the trend of society and consumers regarding the choice of construction objects that have high energy saving indicators and involve the use of renewable energy is relevant for making decisions about the transition to energy efficiency of construction enterprises. Originality. The theoretical provision of types and features of modern energy efficiency management strategies of construction enterprises has gained further development. Practical value. The strategies identified in the study can be implemented in the conditions of Ukrainian construction enterprises, focused on achieving their own energy efficiency and energy efficiency of construction objects. Key words: energy efficiency, construction enterprises, CO2, construction objects, cross-sectoral network strategies, standardization, certification and specification of energy management, ICT, energy transition.

Theoretical Analysis of Quality Innovation in Prefabricated Building Construction Enterprises

Theoretical Analysis of Quality Innovation in Prefabricated Building Construction Enterprises

IMPROVING KNOWLEDGE MANAGEMENT PROCESS USING BIM IN INDONESIAN STATE-OWNED CONSTRUCTION ENTERPRISES

In today's digital era 4.0, the synergy between the construction industry and information technology is inevitable. Knowledge management plays a critical role in the success of construction companies, enabling them to effectively capture, store, share, and utilize valuable information and expertise. In recent years, Building Information Modeling (BIM) has emerged as a powerful tool that improves knowledge management in the construction industry. This article focuses on implementing BIM in Indonesian state-owned construction companies and how it can improve knowledge management, leading to better project outcomes, efficiency, and competitiveness. BIM-based Knowledge Management (KM) systems can capture, store, and disseminate knowledge to manage facilities through their life cycle. To describe in this study first identified from a literature review how BIM can facilitate improved knowledge management in construction projects. Second, a questionnaire survey of respondents of State Owned Construction Enterprises with ISO 1960 BIM in Indonesia will be further analyzed using a quantitative SEM-PLS analysis to determine the KM types that can be leveled using BIM. The variables used in this study are BIM implementation on KM, processes, effectiveness, and barriers to knowledge management. The results of this study show that BIM performance positively affects KM process improvement, KM effectiveness, and KM obstacle alleviation.

Investment policy of construction enterprises under the conditions of marital state

Purpose. Studying the investment policy in construction in wartime conditions, namely: determining the general characteristics of the investment process in construction in wartime conditions; identification of factors affecting investment activity; analysis of the problems of investment activity in these conditions; development of recommendations for improvement of investment policy in construction in wartime conditions. Methodology. In the process of studying the investment policy of construction enterprises in the conditions of martial law, the following methods were used: expert assessment (allowed obtaining conclusions and recommendations regarding the possibilities of investing in construction projects in conditions of military conflict), scenario modeling (development of various scenarios investing in the construction sector made it possible to analyze the possible consequences and results of each of them), system analysis (taking into account the relationships between various aspects of the investment policy of construction enterprises and its impact on the economy and society as a whole) and marketing research (determining the needs and requirements of the market in relation to investments in the construction sector in the conditions of a military conflict). Findings. The authors indicated the main problems of construction financing: lack of long-term loans and investments for construction; high interest rates on loans; imperfect legislation in the field of construction; lack of transparency and efficiency in the management of public finances allocated for construction. It is proposed to take the following measures: to create conditions for attracting long-term loans and investments in construction; to reduce interest rates on loans; to improve legislation in the field of construction; to improve the transparency and efficiency of the management of public finances allocated for construction; to improve mechanisms of public-private partnership in the field of construction; to develop programs to stimulate housing construction for low-income citizens; to create conditions for the development of small and medium-sized enterprises in the field of construction. To form the investment attractiveness of the construction industry in Ukraine, the authors suggest creating a favorable investment climate that will guarantee investors the protection of their rights and interests; developing transparent and effective rules and procedures for regulation of construction; ensuring access to quality construction materials and equipment at competitive prices; improving the qualification and level of professional training of construction personnel. Originality. The article comprehensively researches the investment policy in construction in the conditions of war for the first time. The authors revealed new regularities in the development of the investment process in construction under martial law, developed recommendations for its improvement. Practical value. The results of the study can be used to form an effective investment policy in construction in wartime conditions. They can also be used to develop measures to support investment activities in construction under martial law.

A Review of Research on Digital Transformation in Construction Enterprises

In the context of the national "14th Five-Year Plan", digital transformation is a necessary path for the high-quality development of the construction industry. Taking the 210 related literature searched and selected from China Knowledge Network as the primary data, Citespace was used to visualize and analyze the research hotspots, clustering changes, and evolutionary trends of digital transformation of construction enterprises. Combining the knowledge graph analysis and article review, the co-occurrence frequency and mediated centrality of hot keywords are derived, and the clustering analysis of the mediated centrality of keywords yields nine clustering units with the most excellent attention, which identifies the focuses and deficiencies of the research on the digital transformation of construction enterprises, and puts forward the outlook in terms of the paths and methods, benefits and costs, risks, case studies, as well as data, evaluation, and feedback.

KEY ECONOMIC, MANAGERIAL AND INSTITUTIONAL IMPERATIVES OF THE CONSTRUCTION SECTOR DEVELOPMENT IN THE CONTEXT OF EUROPEAN INTEGRATION

European integration is the main and unchanging foreign policy priority of Ukraine, and further development and deepening of relations between Ukraine and the EU is based on the principles of political association and economic integration. In the context of the formation, development and improvement of the phenomenology of democratic legal statehood, permanent parademocratic and metademocratic processes of tactical and strategic nature emerge and intensify, as well as purely democratic trends are formed, which are determined by these processes, which permanently stimulate the relevant phenomenology, emphasizing its potential and promising opportunities, as well as new forms of communication interaction and fairly productive cooperation - full-fledged subjects of law. The construction sector is one of the basic sectors of the economy of every country in the world. The level of its development has a significant impact on the economic security of the state. The participation of construction in many socio-economic processes and its interconnection with all sectors of the economy make it an important component of the country's economic growth. The construction sector meets the primary physiological needs of society for housing and protection. The fund-forming function provides fixed assets (buildings and structures) to private, state, and municipal entities of all types of economic activity. At the same time, markets for capital, goods and services, and labor resources are formed; commercial, transport, and socio-cultural infrastructure is developed. It is established that the growth of the construction industry inevitably leads to the emergence of the necessary conditions for the country's economic development and the solution of many social problems. The article suggests ways to improve the economic condition of the construction industry and construction enterprises.

DETERMINING COMPONENTS OF THE METHODOLOGICAL PLATFORM OF THE CONSTRUCTION ORGANIZATION IN THE CONDITIONS FOR DIGITAL TRANSFORMATION OF OPERATING SYSTEMS OF PROJECT EXECUTORS

Digital technologies of construction organization are becoming increasingly common and necessary tools for effective management of processes on construction sites. In today's world, where speed and accuracy of work are of crucial importance, the use of digital technologies allows to achieve the highest productivity and efficiency in the construction sector. The article analyzes the paradigms of implementation of construction organization processes on the basis of modern information technologies, defines the development trends of the implementation of enterprise management processes in the structure and means of intellectual information systems. An important analytical means of adjusting decisions regarding reengineering and digital transformations of operating systems in the format of introduced methodologies and tools is a subsystem of formalized adjustment of decisions, which allows to establish a measure of the sensitivity of the effective indicators of the "digital transformations" project to the deviation of functional, time and other parameters from the expected trajectory of the implementation cycle of such a project , which are considered as "random" values, discretely distributed in a certain range of "deviations". The leading and systemic means of getting out of crisis and destructive situations for construction enterprises, as well as for other industrial enterprises, is the innovative radical or partial transformation (modernization) of the operating system of the enterprise and the system and structure of the administration of its activities operating at the enterprise on the basis of the latest information technologies of the architectural environment, including virtual design and construction (VDC, Virtual Design Construction), integrated digital delivery (IDD Integrated Digital Delivery), building information modeling (BIM, Building Information Modeling) and IFC format (Industry Foundation Classes). The article highlights the technologies used in the construction and implementation of models of management processes in information systems, the use of which simplifies the complexity of modernizing the information system to solve the tasks of construction organization processes. The main models of the organization of activities in the conditions of digitalization and the possibility of increasing the efficiency of the management processes of the construction enterprise using information systems as a digital way of presenting the directive organizational-technological and technical-functional characteristics of the construction object are defined and systematized.

STRATEGIC AND LEADING DOMINANTS OF OVERCOMING ECONOMIC - MANAGEMENT DEVIATIONS OF CONSTRUCTION PROJECTS USING FUZZY LOGIC

The article defines the directions of functioning of the construction industry and stakeholders of construction enterprises, reveals the main directions and peculiarities of the functioning of construction enterprises in the conditions of martial law (during the full-scale invasion of the Russian Federation on the territory of Ukraine) and substantiated directions of transformational development in the period of post-war reconstruction. The components of the theoretical-methodological platform for the formation and implementation of development management of construction enterprises have been developed using a methodical approach to the evaluation of strategic sets of the enterprise based on the improvement of the classical quantitative strategic planning matrix (QSPM, Quantitative Strategic Planning Matrix). As a conceptual basis for identifying such factors, the McKinsey “7S” model was used, according to which all factors are grouped according to the signs of belonging to the following components: strategy, skills, common values (corporate culture), structure, employees, systems and style. As a result of the study, the factors affecting the formation and implementation of the adaptive capacity of the construction enterprise to the transformational changes of the operating system are proposed: labor productivity in the studied period; the ratio of administrative expenses to wages in operating expenses; the share of employees with higher education in the total number of management personnel; experience of management personnel; the ratio of labor costs to wage costs. The processes of economic-mathematical modeling of the influence of system factors on the integral indicator of the level of transformational ability of the enterprise are determined. To achieve the goals, the work uses methods of strategic diagnostics and fuzzy methods of multi-criteria evaluation with the help of the Matlab Fuzzy Logic Toolbox application program package.

ECONOMIC AND ANALYTICAL BASIS OF DIGITAL TRANSFORMATION OF ADMINISTRATION PROCESSES IN CONSTRUCTION ENTERPRISES

An effective management system at an enterprise should be built on the use of optimal tools. Data Science is one of the ways to optimize the management system of a business entity through the use of analytical procedures that will help to obtain high-quality and timely information content to prevent risks in the internal business environment. Analytical tools allow identifying problematic aspects of the company's activities, assessing the impact of factors and developing ways to eliminate the negative impact of factors with further development of a development strategy. Interpretation of the results of the analysis of activities using predictive analytics helps to improve the efficiency of the management system at the enterprise. The conceptual foundations of updating business processes and management systems for a construction enterprise on the basis of digitalization (digital administration) are substantiated, which are positioned as a means for the enterprise to achieve competitive advantages in the multi-project field of construction development. Analytical IT tools should be applied to a sufficient amount of qualitative and operational information, which will allow for effective integration of research results into the management process at an enterprise. The article is devoted to solving an urgent scientific and applied problem of developing theoretical foundations and methodology, which includes information models, methods, cognitive mechanisms that allow for the analysis, selection, optimization, and evaluation of the effectiveness of the introduction of modern concepts of information modeling and integrated implementation of a construction project.

The Impact of Digital Inclusive Finance on Innovation of Construction Enterprises

Digital inclusive finance injects new vitality into the innovation of construction enterprises. Based on the data from six construction enterprises, namely China National Chemical Engineering Co., Ltd., China Railway Construction Corporation Limited, China Railway Group Limited, China State Construction Engineering Corporation (CSCEC), China Energy Engineering Corporation (CEEC), and China Communications Construction Company Limited (CCCC), from 2012 to 2021, this paper delves into the role of digital inclusive finance in fostering innovation within construction enterprises. The research findings demonstrate that digital inclusive finance not only significantly contributes to fostering innovation in construction enterprises but also exhibits sustainability. Finally, recommendations are proposed to promote the impact of digital inclusive finance on innovation in construction enterprises, encompassing aspects of policy formulation, corporate management, and financial institutions.

Exploration of Construction Safety Management of Civil Engineering Civil Construction Project

With the acceleration of urbanization, more and more construction projects are appearing, and the modern building functions are increasing, while the requirements for project management are also getting higher and higher. In the construction of civil engineering construction, it is necessary to make full preparations, rationally deploy materials, equipment and other resources to ensure the full implementation of construction technology, and further enhance the overall effect of engineering construction. The development of the market economy has promoted the reform of the enterprise management system and the bidding and tendering system. Many projects have made new adjustments in the reform system, leading to a new trend in the management mode of construction projects. It has made significant breakthroughs in management concepts, management strategies and management methods. The new model must bring changes in management. In view of this, this paper focuses on the related problems of civil engineering to improve the current management efficiency. If the quality of the project is not reasonably controlled, it will have a great impact on the economic benefits of the whole project and the development of the construction enterprise.

An Introduction to Civil Engineering Construction Technology in Civil Engineering Construction

The commercial demand and urbanization demand brought about by economic development have increased the quantity and quality requirements of construction projects. Civil engineering in the construction process needs to be supported by a number of technologies, such as foundation technology, steel structure technology, concrete technology, etc., the only way to promote the sustainable development of China's construction industry is to accurately master these technologies. With the continuous improvement of China's economic development, people's living standards have also been improved, and therefore also more aspiring to a better life experience, so for the living environment and conditions put forward higher requirements. As the main place for people to live and reside, the quality of the building and its environment have a greater impact on people's living experience, so the quality of the building is given more attention. As the main participant in the implementation of the building, the construction industry in the construction of housing, it is necessary to pay more attention to the quality, while ensuring the quality of construction, but also need to pay attention to the economic benefits. Along with the rapid development of the country, the scale of urban infrastructure is getting bigger and bigger. The breakthrough and innovation of construction technology in civil engineering construction can not only bring more profits for construction enterprises, but also provide a strong guarantee for the smooth progress of construction projects. In order to realize the quality of civil engineering construction projects, building construction units need to be careful and detailed planning for construction details, standardize the corresponding construction technology. Therefore, this paper discusses the construction technology related to civil engineering construction projects, analyzes the relevant problems and puts forward innovative solutions.

Barriers to Building Information Modelling Adoption in Small and Medium Enterprises: Nigerian Construction Industry Perspectives

The widespread adoption of building information modelling in the construction industry faces significant obstacles, particularly among small and medium-sized construction enterprises. This research accessed barriers to building information modelling adoption among small and medium enterprises in the Nigerian construction industry. The study obtained quantitative data from 182 participants out of the 200 questionnaires that were distributed. A combination of descriptive and exploratory factor analysis was performed using IBM SPSS version 26, and the Kaiser–Meyer–Olkin (KMO) test and Bartlett’s sphericity test were conducted to check data adequacy and reliability. The study findings clustered five factors from the 25 identified barriers to BIM adoption in SMEs in the Nigerian construction industry. They are functionality and compatibility, risk and the unavailability of BIM resources, inadequate awareness of BIM, inadequate clients’ demands and support, and stakeholders’ skills gaps. The study recommends training opportunities for construction professionals, government facilitation through incentives, and safeguarding intellectual property linked to BIM-oriented projects. Collaboration among construction stakeholders would also increase client awareness and knowledge sharing on modern technology, such as BIM adoption in SMEs in the construction industry.