Based on Key Stakeholders Value for Measuring Real Estate Project Success
About how to measure construction project success, there is still no consensus. Many researchers address this problem from different perspectives. Real estate project is an objective leading process, and it is a multi-stakeholder involve in work. At different stage, stakeholders have different objectives. The aim of this paper is set the success criteria form of real estate project. Then give the definition of different stakeholder value and set a form at different stage of different stakeholder success criteria. But all of them are different, and vague. It is hard to measure. In order to solve this problem, we use the life cycle cost analysis method. It could be using for compare the different results of different alternative methods of real estate project. Successful project has the lowest life cycle cost. Real estate project value is to realize different stakeholder value. By using the life cycle cost analysis, this paper gives the results of different stage project success criteria. If real estate project could get these criteria at different stage, it is a success project.
stakeholder value real estate project project success
NIU Jingmin Thomas Lelchler
Management Science and Engineering School,Central University of Finance and Economic, Beijing, China School of technology management, Stevens Institute of Technology, Hoboken, NJ, USA 07030
国际会议
2009 International Conference on Construction & Real Estate Management(2009建设与房地产管理国际会议)
北京
英文
1085-1090
2009-11-05(万方平台首次上网日期,不代表论文的发表时间)