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A proposed framework for evaluating the international construction performance of AEC enterprises

Jin, ZG; Deng, F; (2012) A proposed framework for evaluating the international construction performance of AEC enterprises. In: Javernick-Will, A, (ed.) Proceedings of the Engineering Project Organization Conference, Rheden, The Netherlands, July 10-12, 2012. (pp. 1 - 25). Engineering Project Organization Society Green open access

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Abstract

Internationalization of architectural, engineering and construction (AEC) enterprises has gained significant interests as the global construction market has been integrated into a more competitive and turbulent business environment, whilst there is no consensus on how to measure the international performance of AEC firms as a result of the complicated and multifaceted nature of business performance and internationalization. The aim of this paper is to propose a conceptual framework for evaluating the international construction performance of AEC firms, which is based on a comprehensive literature review and revised from the Balanced Scorecard (BSC) by considering the unique characteristic of the construction industry and international construction markets, e.g., satisfying stakeholders, integrating supply and business chain, and consideration of project management capabilities. Further, a questionnaire survey is conducted to investigate the quantitative importance of proposed performance measures and uncover the cause-and-effect relationship among these measures, which is the premise of the BSC. Additionally, a case study of a large international AEC firm in China is adopted to validate the robustness and usefulness of the proposed framework. It is found that the framework is effective to identify the weak areas of AEC firms by applying a benchmarking approach, indicating the applicability of this framework for AEC enterprises to monitor their performance and adjust related strategies for better internationalization.

Type: Proceedings paper
Title: A proposed framework for evaluating the international construction performance of AEC enterprises
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.epossociety.org/EPOC2012/authors2.htm
Language: English
Additional information: © Copyright The Authors
Keywords: construction firm, internationalization, performance measurement, AEC enterprises, China
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt
URI: https://discovery.ucl.ac.uk/id/eprint/1359814
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