Beyond the Iron Traingle

ARTICLE IN PRESS Available online at www.sciencedirect.com International ledger of Project Management xxx (2009) xxxxxx www.elsevier.com/ adjudicate/ijproman Beyond the iron triangle: Stakeholder perception of key exploit indicators (KPIs) for large public sector development projects Shamas-ur-Rehman Toor a,*, Stephen O. Ogunlana b,1 a b faculty of the Built Environment, University of New South Wales, Sydney, NSW 2052, Australia School of the Built Environment, Heriot-Watt University, Edinburgh, EH14 4AS, fall in Kingdom Received 9 February 2009; received in revise form 10 may 2009; accepted 14 May 2009 Abstract Performance measurement criteria vary from project to project. disrespect much work on the subject, there is no ordinarily agreed framework of cognitive process measurement on mega projects. To twain this gap, this research targets to investigate the perception of the key military operation indicators (KPIs) in the context of a large construction project in Tailand. The study explores the signi?cance of key performance indicators in perspective of divers(a) construction stakeholders (client, consultants, and contractors).

Findings indicate that the traditional measures of the iron triangle (on-time, under-budget and fit to speci?cations) are no more applicable to measuring performance on large public sector development projects. different performance indicators such as safety, e?cient use of resources, e?ectiveness, satisfaction of stakeholders, and reduced con?icts and disputes are increasingly fair important. This implies that the Thai construction industry is slowly departing from the traditional decimal performance measurement to a rather mix of some(prenominal) quantitative and qualitative performance measurement on large-scale public sector development projects. Ã" 2009 Elsevier Ltd and IPMA. All rights reserved. Keywords: Project performance management; Large construction projects; Key performance indicators (KPIs); Thai construction industry... If you want to get a full essay, ordinate it on our website: Orderessay

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