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Performance Measurment and Lead-Time Reduction in EPC Project-Based Organizations: A Mathematical Modeling Approach

Author

Listed:
  • Matina Ghasemi
  • Mazyar Ghadiri Nejad
  • Naif Alsaadi
  • Mu’tasim Abdel-Jaber
  • Mohd Shukri Ab Yajid
  • Mamun Habib
  • Alireza Goli

Abstract

To characterize the process of lead-time reduction in EPC project-based organizations, including the engineering, procurement, and construction activities, various elements such as organizational issues, firm resources, used methods and techniques, and performance measuring tools are important. In this study, the four mentioned elements are evaluated through a survey in different EPC project-based organizations. The survey is sent to only experts and managers who are involved in EPC projects, and the obtained data is used to test the relationship between the mentioned variables and the lead time of developing new products. This evaluation is followed by a set of generalized lessons learned and courses of action to improve the development process. Additionally, the attributes of performance measurement in such projects are scrutinized. Therefore, to analyze the impacts of the mentioned variables and their variations on the performance measurement, a mathematical model based on the fuzzy approach is developed. The results show that all of the four considered variables are correlated to the lead time and affect the quality perceived by the main client and the cost of the project. Moreover, data obtained from the proposed mathematical formulations illustrated that the fuzzy modeling approach is an effective method to predict the performance measurement level when the levels of the input variables are given.

Suggested Citation

  • Matina Ghasemi & Mazyar Ghadiri Nejad & Naif Alsaadi & Mu’tasim Abdel-Jaber & Mohd Shukri Ab Yajid & Mamun Habib & Alireza Goli, 2022. "Performance Measurment and Lead-Time Reduction in EPC Project-Based Organizations: A Mathematical Modeling Approach," Mathematical Problems in Engineering, Hindawi, vol. 2022, pages 1-15, February.
    • Handle: RePEc:hin:jnlmpe:5767356
    DOI: 10.1155/2022/5767356
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    Cited by:

    1. Mohammed Ahmed Japir Bataineh & Matina Ghasemi & Mazyar Ghadiri Nejad, 2023. "The Role of Green Training in the Ministry of Education’s Corporate Environmental Performance: A Mediation Analysis of Organizational Citizenship Behavior towards the Environment and Moderation Role o," Sustainability, MDPI, vol. 15(10), pages 1-16, May.
    2. Hota, Soumya Kanti & Sarkar, Biswajit & Ghosh, Santanu Kumar & Cheikhrouhou, Naoufel & Treviño-Garza, Gerardo, 2024. "What should be the best retail strategy to deal with an unequal shipment from an unreliable manufacturer?," Journal of Retailing and Consumer Services, Elsevier, vol. 76(C).
    3. Matina Ghasemi & Angel Musongong Ngegah Marie & Ladan Rokni, 2022. "The Necessity of Governance Thorough Internal Control and Accountability in NGOs: A Case of Buea Sub-Division Cameroon," Sustainability, MDPI, vol. 14(18), pages 1-21, September.
    4. Shengyang Qin & Xinxing Duan & Ahmad Fatehallah Al-hourani & Naif Alsaadi, 2022. "Evaluation of Total Quality Management in Turkish Pharmaceutical Companies: A Case Study," Sustainability, MDPI, vol. 14(16), pages 1-20, August.
    5. Nickyar Ghadirinejad & Fredric Ottermo & Raheleh Nowzari & Naif Alsaadi & Mazyar Ghadiri Nejad, 2023. "Optimizing a Green and Sustainable Off-Grid Energy-System Design: A Real Case," Sustainability, MDPI, vol. 15(17), pages 1-16, August.
    6. Sonia Khawand & Matina Ghasemi & Seyed Arash Sahranavard, 2022. "Employee Involvement and Socialization as an Example of Sustainable Marketing Strategy and Organization’s Citizenship Behavior: Empirical Evidence from Beirut Hotel Sector," Sustainability, MDPI, vol. 14(14), pages 1-16, July.

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