Finding key performance indicators and forecasting project performance in construction industry - Case EMC Talotekniikka

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Jääskeläinen, Arto
dc.date.accessioned 2014-12-03T10:55:38Z
dc.date.available 2014-12-03T10:55:38Z
dc.date.issued 2014
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/14597
dc.description.abstract 1. Introduction 1.1 Topic area and research questions The research is a case study. The aim is to use the data provided by Electro Mechanical Contracting (EMC) Talotekniikka and discover the most important parts of its projects' historical development. This case study was commissioned by the management of EMC Talotekniikka to produce a report to assist them with their current issues of unprofitable projects and forecasting. Many factors influence the outcome of projects in construction industry. This report will mainly concentrate on the parts that are related to project performance and forecasting methods before and during the project. The issues addressed are: 1. Possible pitfalls of the current EMC Talotekniikka forecasting methods. 2. Possible indicators providing insight into determining said pitfalls in individual projects. 3. Explicit factors enabling the management to make forecasting more accurate. EMC Talotekniikka's current forecasting methods are somewhat unreliable and thus the management is looking to find ways to improve them. Therefore, in this study certain figures from each project have been analyzed in order to find key performance indicators (KPIs) demonstrating that the project is not going as planned. This report will not focus on analysis of projects started before 2009. Neither does it focus on the methods of leadership employed by EMC Taloteniikka's management. Major sources of data were: ? Interviews with the project controller of EMC Talotekniikka Esa Ruotsalainen ? A study conducted by the author: Analyzing EMC Talotekniikka's current projects and figures ? Database provided by EMC Talotekniikka, including all the necessary figures The first part tells about construction industry in general. The second part explains the importance of forecasting and introduces different forecasting methods. The third part introduces the concept KPIs. The fourth part of the report presents the current situation of EMC Talotekniikkas's projects and presents the basics for the study and. In addition, it focuses on analyzing the past data to find aforementioned KPIs to help forecasting. The last part provides recommendations for EMC Talotekniikka on how to make their forecasting more accurate and how to compete and succeed under the current circumstances. en
dc.format.extent 55
dc.language.iso en en
dc.title Finding key performance indicators and forecasting project performance in construction industry - Case EMC Talotekniikka en
dc.type G2 Pro gradu, diplomityö fi
dc.contributor.school Kauppakorkeakoulu fi
dc.contributor.school School of Business en
dc.contributor.department Johtamisen laitos fi
dc.contributor.department Department of Management Studies en
dc.subject.keyword Project performance
dc.subject.keyword key performance indicators (KPIs)
dc.subject.keyword forecasting
dc.subject.keyword and construction industry
dc.identifier.urn URN:NBN:fi:aalto-201412043149
dc.type.dcmitype text en
dc.programme.major Entrepreneurship en
dc.programme.major Yrittäjyys fi
dc.type.ontasot Master's thesis en
dc.type.ontasot Pro gradu tutkielma fi
dc.subject.helecon yrittäjyys
dc.subject.helecon entrepreneurship
dc.subject.helecon projektit
dc.subject.helecon projects
dc.subject.helecon arviointi
dc.subject.helecon evaluation
dc.subject.helecon mittarit
dc.subject.helecon ratings
dc.subject.helecon ennusteet
dc.subject.helecon forecasts
dc.subject.helecon rakennusteollisuus
dc.subject.helecon construction industry
dc.ethesisid 13766
dc.date.dateaccepted 2014-10-14
dc.location P1 I


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