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Application of Lean Principles and Performance Improvement of Construction Projects.
The productivity of the construction industry all around the world has been in decline from the previous two decades. To improve the situation of the construction industry, researchers and scientists succeeded in developing a new approach of lean construction. The concept of LC was adopted from the manufacturing industry to maximize the performance of the construction industry, but the implementation of LC is still in initial stages after two decades. LC promises a much better performance by eliminating waste and enhancing the value of the product. A high quantity of construction academics and professionals had successfully optimized the construction projects with the application of LC tools for reducing variability, reducing waste, reduction of time overruns with the application of LC. Major problems of the construction industry are the cost overrun and time overruns, which caused due to the huge amount of waste in the construction process. Due to the number of wastes in the stream of the construction process, the total cashflow of the projects is generally negative, causing failures of projects. This research will discuss principles, tools, and barriers to LC implementation and its impacts on the performance of the construction projects in the form of cash-flow improvements. Also, will try to quantify the assumption of performance improvement with the implementation of VM on construction projects. Additionally, the study will try to find out the main factors of failures of Joint Venture (JV) projects and find out which tools and principles of LC can help in solving the problems of JV projects. The study aims to identify the barriers to LC implementation in the construction industry of Pakistan and UAE, to carry out future research to solve those barriers.
Application of Lean Principles and Performance Improvement of Construction Projects.
The productivity of the construction industry all around the world has been in decline from the previous two decades. To improve the situation of the construction industry, researchers and scientists succeeded in developing a new approach of lean construction. The concept of LC was adopted from the manufacturing industry to maximize the performance of the construction industry, but the implementation of LC is still in initial stages after two decades. LC promises a much better performance by eliminating waste and enhancing the value of the product. A high quantity of construction academics and professionals had successfully optimized the construction projects with the application of LC tools for reducing variability, reducing waste, reduction of time overruns with the application of LC. Major problems of the construction industry are the cost overrun and time overruns, which caused due to the huge amount of waste in the construction process. Due to the number of wastes in the stream of the construction process, the total cashflow of the projects is generally negative, causing failures of projects. This research will discuss principles, tools, and barriers to LC implementation and its impacts on the performance of the construction projects in the form of cash-flow improvements. Also, will try to quantify the assumption of performance improvement with the implementation of VM on construction projects. Additionally, the study will try to find out the main factors of failures of Joint Venture (JV) projects and find out which tools and principles of LC can help in solving the problems of JV projects. The study aims to identify the barriers to LC implementation in the construction industry of Pakistan and UAE, to carry out future research to solve those barriers.
Application of Lean Principles and Performance Improvement of Construction Projects.
Rose, Waqar (author)
2019-01-01
Miscellaneous
Electronic Resource
English
DDC:
690
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