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Critical success factors for the construction industry

Tsiga, ZD; Emes, M; Smith, A; (2016) Critical success factors for the construction industry. PM World Journal , 5 (8) pp. 1-12. Green open access

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Abstract

This study aims to identify the critical success factors for projects in the construction industry. A list of factors were identified from the existing literature and grouped into categories. The authors added project risk management and requirements management to the list of categories to test the hypothesis that these should also be considered as critical success factors in the construction industry. The study identified 58 success factors classified into 11 groups, which were tested using an elicitation technique. Forty-nine responses were collected from project managers, who had an average or 15 years of project management experience and had participated in more than 15 projects. Once the data was collected, the authors adopted the use of the relative importance index to rank the categories. From the results, the top five most important are (1) Project Organization, (2) Project Manager Competence, (3) Project Risk Management, (4) Project Team Competence and (5) Requirements Management. This lead to the conclusion that both project risk management and requirements management should be considered as critical success factors. Further analysis of the data highlights the importance of scope management and soft skills in Requirements Management and Project Risk Management respectively.

Type: Article
Title: Critical success factors for the construction industry
Open access status: An open access version is available from UCL Discovery
Publisher version: http://pmworldlibrary.net/readers/pm-world-journal...
Language: English
Additional information: Copyright © 2016 The authors, University of Latvia and Professional Association of Project Managers. - This paper was originally presented at the 5th Scientific Conference on Project Management in the Baltic States, University of Latvia, April 2016.
Keywords: Construction Projects; Critical Success Factors; Project Risk Management; Project Success; Requirements Management
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Space and Climate Physics
URI: https://discovery-pp.ucl.ac.uk/id/eprint/1544022
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