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A platform for research: civil engineering, architecture and urbanism
Systematic Framework of Economic KPIs for Prefabricated Building Construction
https://orcid.org/http://orcid.org/0000-0003-0228-6770
Prefabricated construction has been increasingly adopted in building projects all over the world because prefabrication technology has tremendous advantages over the cast-in-situ construction. However, the development of prefabrication technology in China has encountered many challenges such as cost overrun. Economic performance determines the success of a project, which has raised the attention of construction project stakeholders. Therefore, this study aims to develop a systematic framework of economic key performance indicators (KPIs) for measuring prefabricated buildings. First, this paper establishes a systematic framework of eight KPIs through a comprehensive literature review. The KPIs cover unit cost, cost variance, etc. Second, to demonstrate the use of the framework, a cross-case study is conducted to measure and compare the economic performance of a prefabricated building and a building built using cast-in-situ construction. Throughout the case analysis, the economic performance of a building project using prefabricated construction is much better than that using cast-in-situ construction. For example, the overall delivery of prefabricated buildings is 30%–50% faster than that of traditional buildings. The paper should assist construction enterprises in measuring the economic performance of prefabricated building projects and could also facilitate the development of prefabricated construction in China.
Systematic Framework of Economic KPIs for Prefabricated Building Construction
https://orcid.org/http://orcid.org/0000-0003-0228-6770
Prefabricated construction has been increasingly adopted in building projects all over the world because prefabrication technology has tremendous advantages over the cast-in-situ construction. However, the development of prefabrication technology in China has encountered many challenges such as cost overrun. Economic performance determines the success of a project, which has raised the attention of construction project stakeholders. Therefore, this study aims to develop a systematic framework of economic key performance indicators (KPIs) for measuring prefabricated buildings. First, this paper establishes a systematic framework of eight KPIs through a comprehensive literature review. The KPIs cover unit cost, cost variance, etc. Second, to demonstrate the use of the framework, a cross-case study is conducted to measure and compare the economic performance of a prefabricated building and a building built using cast-in-situ construction. Throughout the case analysis, the economic performance of a building project using prefabricated construction is much better than that using cast-in-situ construction. For example, the overall delivery of prefabricated buildings is 30%–50% faster than that of traditional buildings. The paper should assist construction enterprises in measuring the economic performance of prefabricated building projects and could also facilitate the development of prefabricated construction in China.
Systematic Framework of Economic KPIs for Prefabricated Building Construction
https://orcid.org/http://orcid.org/0000-0003-0228-6770
Prefabricated construction has been increasingly adopted in building projects all over the world because prefabrication technology has tremendous advantages over the cast-in-situ construction. However, the development of prefabrication technology in China has encountered many challenges such as cost overrun. Economic performance determines the success of a project, which has raised the attention of construction project stakeholders. Therefore, this study aims to develop a systematic framework of economic key performance indicators (KPIs) for measuring prefabricated buildings. First, this paper establishes a systematic framework of eight KPIs through a comprehensive literature review. The KPIs cover unit cost, cost variance, etc. Second, to demonstrate the use of the framework, a cross-case study is conducted to measure and compare the economic performance of a prefabricated building and a building built using cast-in-situ construction. Throughout the case analysis, the economic performance of a building project using prefabricated construction is much better than that using cast-in-situ construction. For example, the overall delivery of prefabricated buildings is 30%–50% faster than that of traditional buildings. The paper should assist construction enterprises in measuring the economic performance of prefabricated building projects and could also facilitate the development of prefabricated construction in China.
Systematic Framework of Economic KPIs for Prefabricated Building Construction
Lecture Notes in Civil Engineering
Guo, Wei (editor) / Qian, Kai (editor) / Wang, Bingyan (author)
International Conference on Green Building, Civil Engineering and Smart City ; 2022 ; Guilin, China
2022-09-08
9 pages
Article/Chapter (Book)
Electronic Resource
English
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