The construction industry has mainly relied on financially focused performance measurements, and studies on performance measurement systems (PMSs) have been carried out at the project level. However, recently, the demand for performance evaluation and management at the company level has increased. A few previous efforts have aimed to develop a conceptual framework for company performance, but there have been few follow-up studies. From this perspective, we have developed an implementation model and practical methodology to measure and compare the performance of construction companies. First, our thorough qualitative and quantitative analysis was used to develop a set of indicators for performance measurement, and an analysis of the relative weightings of the indicators was carried out. Second, we calculated the performance score of construction companies using a study of 34 Korean construction companies. Finally, we carried out a performance evaluation and system analysis using the calculated performance ...

This study proposes a quantitative measurement method for the value of building information modeling (BIM) implementation during the construction phase of a large-scale building project. From the case project, 472 value-assignable BIM issues were derived, and they were quantified regarding various aspects, such as the BIM utilization value and BIM contribution value, using a contract budget (CB). It was found that BIM has contributed to identifying and/or resolving issues whose contractual values are as much as 15.92% of the total direct cost of the project. In addition, a survey of trade contractors was conducted to determine how much they think BIM has contributed to their works, which is defined as the BIM sensible value. It was also shown that the higher utilization and contribution of BIM were accompanied by a higher sensible value, which trade contractors experienced regarding the cost reduction and construction period acceleration.

The objective of this study is to establish effective and practical BIM adoption strategies by figuring out actual BIM use intentions and grasping quantitative acceptance degrees of key project participants in the Korean Architecture, Engineering, and Construction (AEC) industry. The result of this study shows that the key participants were generally positive in interest in and necessity of BIM but did not have strong intentions to accept BIM. In addition, different attitudes of participants toward BIM were identified from them. Especially, architects showed more neutral attitudes compared to other project participants with showing the most negative intentions respectively to other participants in using BIM. This causes a barrier to change into the existing process into the BIM-based one and necessitates an additional actor, a BIM service provider, who supports BIM process while others keep working in conventional manner. By investigating differences in use intentions and attitudes with BIM of participants, this study is expected to contribute to the establishment of more practical and effective strategies to activate BIM adoption.