Performance-Influencing Factors and Causal Relationships of Construction Projects Using Smart Technology

Abstract

With the advent of the Fourth Industrial Revolution, construction technology innovation through high-tech convergence is actively taking place, and the smart construction technology market is growing rapidly. However, as it focuses on the use of individual technologies, research into the factors that have a major impact on their intended effect is insufficient. Thus, this study investigates these factors and their mutual influences from various perspectives to promote the use of smart technology to improve construction projects. Ten performance-influencing factors were derived from four perspectives based on the balanced scorecard technique. In addition, based on a survey of projects that use smart technology, the current status of its application and performance characteristics were analyzed, and a causal relationship model among the factors was presented. This study provides a foundation for identifying major areas for the efficient use of smart technology and performance measurement, and it will contribute to the introduction and activation of smart construction technology.

Keywords

• smart technology
• project performance
• influencing factors
• causal relationship
• balanced scorecard