Performance measurement in the construction research and development

Abstract

Purpose – The purpose of this paper is to highlight the importance of performance measurement (PM) within construction research and development (R&D) activities to enhance its efficiency and effectiveness. Design/methodology/approach – A comprehensive literature review is used as the methodology of this paper where it will look into two main areas. First, the paper discusses R&D work in construction industry with particular reference to its role, main contributors, and the issues which hinders its successfulness. From this section the paper arrives at a definition for construction R&D and the scope of the study. The second section of the paper defines PM and identifies the importance of it in general. Finally, the paper justifies how the issues within construction R&D could be minimised by implementing PM system. Findings – The paper justifies the implementation of PM within construction R&D and identifies how PM could enhance the efficiency and effectiveness of construction R&D through: identifying requirements of the parties involved within the research process; defining clear aims and objectives; evaluation of the successfulness of activates/confirmation of milestones; providing information for the research funders regarding the utilisation of resources; improving the communication and coordination of the parties involved; and providing feedback for future improvements of the research work. Originality/value – The paper reveals the impact and influence of PM towards the construction R&D activities.