QUANTITATIVE ANALYSIS OF THE EFFECT OF INFORMATIZATION ON THE PERFORMANCE OF CONSTRUCTION COMPANIES

  • Published : 2005.10.16

Abstract

Indicators measuring performance and the level of informatization of construction companies have recently been developed. Construction companies' investment in informatization, however, is still relatively low compared to that of other companies in different industries, since it has been difficult in quantifying the effect of informatization on total performance. This study, therefore, conducted an industry survey using indicators provided by previous studies, and used them to calculate performance and informatization indices for construction companies. Finally, it suggested a quantitative analysis of the effect of informatization on these companies' performance.

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Acknowledgement

The writers would like to acknowledge the financial support provided by Grant No. R01-2003-000-10079-0 from the Basic Research Program of the Korea Science and Engineering Foundation