Project performance indicators of engineering design groups: Evaluation and proposed improvement

摘要

The study aims at investigating the current approach in utilizing project performance indicators for engineering groups within the context of engineering, procurement, and construction (EPC) project. A systems dynamics methodology is utilized and an EPC project of developing a geothermal power plant is observed. The result confirms a common wisdom that the underlying assumption utilized by current assessment methods does not reflect an accurate assessment of group or departmental performance. This is due to systemic errors beyond the scope of the particular department. A proposed model is developed to assist the adjustment of project schedule baseline. It considers systemic effects hence provide a more accurate performance evaluation model.