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Improving Business Processes in a Construction Project and Increasing Performance by Using Target Costing

Author

Listed:
  • Ionica Oncioiu
  • Sorinel CăpuÅŸneanu
  • Dan Ioan Topor
  • Ana Maria Ifrim
  • Ramona Camelia Silvestru
  • Monica Ioana Toader

Abstract

This article demonstrates, on one hand, how organizations are able to optimize their business processes to streamline their activities and, on the other hand, how performance can be enhanced by using the target cost method in a construction project. Based on the analysis of national and international literature, the authors carried out a quantitative and qualitative study based on a questionnaire containing a set of four questions aimed at highlighting the issues mentioned in the launched objectives. Business process-specific steps in a construction project are described and analyzed. The case study outlines how to optimize business processes by using Swimlane charts and how to reduce operating costs by applying the target cost method. The article concludes with our conclusions about the real benefits of optimizing business processes in a construction project by using the target cost method and increasing the performance of entities in this field.

Suggested Citation

  • Ionica Oncioiu & Sorinel CăpuÅŸneanu & Dan Ioan Topor & Ana Maria Ifrim & Ramona Camelia Silvestru & Monica Ioana Toader, 2021. "Improving Business Processes in a Construction Project and Increasing Performance by Using Target Costing," SAGE Open, , vol. 11(1), pages 21582440219, February.
    • Handle: RePEc:sae:sagope:v:11:y:2021:i:1:p:2158244021997808
    DOI: 10.1177/2158244021997808
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    References listed on IDEAS

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    Cited by:

    1. Olga Pilipczuk, 2021. "Transformation of the Business Process Manager Profession in Poland: The Impact of Digital Technologies," Sustainability, MDPI, vol. 13(24), pages 1-20, December.

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