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A Framework of the Comparable Performance Measurement in the Construction Industry  

Yu Il-Han (아주대학교 건축학부)
Kim Kyung-Rai (아주대학교 건축학부)
Jung Youngsoo (명지대학교 건축대학)
Chin Sangyoon (성균관대학교 건축)
Kim Yea-Sang (성균관대학교 건축$\cdot$조경 및 토목공학부)
Publication Information
Korean Journal of Construction Engineering and Management / v.5, no.5, 2004 , pp. 172-182 More about this Journal
Abstract
The performance measurement system of a company is an important tool to evaluate business result, to manage human resource and to achieve strategic management goals. Until 1990's, the performance in most of companies had been measured by financial perspectives. Recently non-financial perspectives with various and balanced view points are used. In the construction industry, the same situation is happened. However, effective tools are not developed yet. Therefore, this research proposes a framework of the comparable performance measurement in the construction industry. This framework is based on concept of the balanced scorecard(BSC) and prepared respectively for owner, contractor and architect/engineer Using this framework, it is possible to compare performance of a company with each other and to benchmark the best performance.
Keywords
Balanced Scorecard(BSC); Performance Measurement; Key Performance Indicator(KPI);
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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