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Investigating the Relationship Between Critical Success Factors

In: Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Ting Wang

    (Shanghai Institute of Technology
    Tongji University)

  • Qinghua He

    (Tongji University)

  • Zidan Tian

    (Tongji University)

  • Jin Li

    (Tongji University)

  • Delei Yang

    (Henan University of Economics and Law)

Abstract

The scale of investment and construction of megaprojects has been increasing in the past decades, yet targeted research on the success of construction megaprojects is still a lack. In the Chinese context, an in-depth discussion of the causal relationship between critical success factors and megaproject success will help managers to manage megaprojects more systematically and effectively. Therefore, based on the previous research on key performance indicators for evaluating the success of construction megaprojects and the critical success factors, this paper investigated the relationship by testing the hypothesis between key performance indicators and critical success factors using PLS-SEM. The results show that only economic and organizational factors are positively associated with key performance indicators in the hypothesized model. Economic factors and organizational factors emerged as the main critical success factors influencing the success of construction megaprojects. The results of this article can enrich the knowledge system of the construction megaproject success and provide a theoretical basis for decision-makers to enhance related management of construction megaproject success.

Suggested Citation

  • Ting Wang & Qinghua He & Zidan Tian & Jin Li & Delei Yang, 2022. "Investigating the Relationship Between Critical Success Factors," Lecture Notes in Operations Research, in: Hongling Guo & Dongping Fang & Weisheng Lu & Yi Peng (ed.), Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate, pages 701-710, Springer.
  • Handle: RePEc:spr:lnopch:978-981-19-5256-2_55
    DOI: 10.1007/978-981-19-5256-2_55
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