Conceptualising the nexus of projects, finance and capacity in construction business  

作　　者：arun bajracharya stephen olu ogunlana cheng siew goh hai chen tan 

机构地区：[1]School of Energy, Geoscience, Infrastructure and Society, Heriot-Watt University, 62200 Putraiaya, Malaysia

出　　处：《Frontiers of Engineering Management》2018年第3期289-297,共9页工程管理前沿（英文版）

摘　　要：This paper addresses a research question on why construction companies fail in their business. Starting with the concept of growth and capacity underinvestment archetype, a new and operational systems thinking model is developed. The conceptual systems thinking model includes a set of causal structure that can explain various modes(including the growth and failure modes) of business performance of small and medium construction companies. Mainly the three components – projects,finance and capacity – and the understanding of their nexus(or causal inter-relationships) are found to be sufficient to reveal different performance modes in construction business. Further, the three operational aspects, namely, the business growth or decline process;the situation of financial and other capacity resource consumption; and the management of projects, finance and other capacity resources have been identified as the interrelated core and integral aspects of construction business.The three inter-related core aspects could actually include and explain different possible range of business situations,policies and practices in a construction company.This paper addresses a research question on why construction companies fail in their business. Starting with the concept of growth and capacity underinvestment archetype, a new and operational systems thinking model is developed. The conceptual systems thinking model includes a set of causal structure that can explain various modes （including the growth and failure modes） of business performance of small and medium construction companies. Mainly the three components - projects, finance and capacity - and the understanding of their nexus （or causal inter-relationships） are found to be sufficient to reveal different performance modes in construction business. Further, the three operational aspects, namely, the business growth or decline process; the situation of financial and other capacity resource consumption; and the management of projects, finance and other capacity resources have been identified as the interrelated core and integral aspects of construction business. The three inter-related core aspects could actually include and explain different possible range of business situations, policies and practices in a construction company.

关 键 词：performance of construction business PROJECTS FINANCE capacity systems thinking 

分 类 号：F426.9[经济管理—产业经济]