Modeling of Management Processes of Construction Company Business for Increase in its Competitive Stability

Abstract

The construction organizations lack adaptive infrastructure. It is required to use more intensively SMART-technologies of design and construction. Purposes of this article: a) the system analysis of categories "competitiveness", "stability", "rating of the company" for the construction organizations; b) to construct and investigate economic and mathematical model of competitiveness of the construction organization; c) to determine parameters of self-organization of construction company; d) to construct an identification algorithm for model. These new tasks also answer the purposes of modern construction business, problems of forecasting of its development. Using methods of the system analysis and modeling, in work three levels of the analysis of construction business are considered: macrolevel (level of the state), mesolevel (level of the region) and microlevel (level of the company). For example, 10 various classes of competitiveness of construction companies are offered. It improves the classification used traditionally. The new economic and mathematical model on the basis of production functions of type of Cobb-Douglas is constructed. The algorithm of its identification on the basis of situational scenarios is also developed. The algorithm finds parameters which will allow to define competitiveness of construction company a priori. The offered research has a development, for example, is possible to use for the forecast of adaptation of the enterprise.

Structural Equation Modelling (SEM) Approach On Inappropriate Construction Equipment Delay Factors

“…According to this study, the causes of delays caused by inappropriate equipment are linked. A study in Hargeisa found that 'Low efficiency of equipment' ranks third in the delay factor related to equipment, contributing to the factor 'Non replacement of equipment' [44,45]. In support of the factor 'Improper equipment selection,' a recent Malaysian study ranked 'Improper or insufficient plant and equipment selection' 17 th in overall causes of delay [46].…”

Research on risk prediction and prevention and control measures of economic management of engineering construction based on econometric model

“…The development of the construction company is predicted after determining its self-organization parameters. Using the methods of system analysis and modeling methods, the macro, intermediate, and micro levels are analyzed [12].…”

“…Jingsi Yang, Zhenhai Li and Ge Yang. Applied Mathematics and Nonlinear Sciences, 9(1) (2024)[1][2][3][4][5][6][7][8][9][10][11][12][13][14] …”