Performance Evaluation of Lean Construction Projects Based on Balanced Scorecard

Shuquan Li1, Xiuyu Wu2, Shaopei Hu3 & Benzhe Hu4

1Professor, Director of the Management Science and Engineering Department, Tianjin Univ of Finance and Economics, Tianjin,China,+86-13012205754, lsq@tjufe.edu.cn
2PhD, Department of Management Science and Engineering, Tianjin Univ of Finance and Economics, Tianjin,China,+86-15620615009, xywu2014@126.com
3PhD, Department of Business Administration, Tianjin Univ of Finance and Economics, Tianjin,China,+86-15620506961, hsptjufe@126.com
4Master student, Department of Management Science and Engineering, Tianjin Univ of Finance and Economics, Tianjin,China,+86-13821938306, yrds2014@126.com

Abstract

The development of lean construction theory and tools promote their applications in various countries. Scholars have used case analysis and empirical research to prove the function of lean construction in waste-reduction and value-added. However, performance evaluation of lean construction project still does not have a standard or systematic measurement, and this results in less recognition of its value and more barriers of its applications in many countries. Therefore, the aim of this study is to build an effective scale for its performance evaluation and measure the success of implementing lean construction in different kinds of projects. This paper used balanced scorecard approach (not only financially and nonfinancially, but also on long-term and short-term account) to evaluate the performance of 300 construction projects which had adopted lean construction theory in China. It established evaluation index system from five dimensions and determined the weight of indicator of index system by factor analysis. Furthermore, we calculated the score of these individual projects, the results showed that index system was effective, and most of the projects with higher scores were municipal projects, constructed by state-owned enterprises or large private enterprises, which reflects good foundation of collaboration.

Keywords

Lean construction, value, performance evaluation, balanced scorecard, collaboration.

Files

Reference

Li, S. , Wu, X. , Hu, S. & Hu, B. 2015, 'Performance Evaluation of Lean Construction Projects Based on Balanced Scorecard' In:, Seppänen, O., González, V.A. & Arroyo, P., 23rd Annual Conference of the International Group for Lean Construction. Perth, Australia, 29-31 Jul 2015. pp 753-762

Download: BibTeX | RIS Format