TY - JOUR
T1 - Effective Management of Engineering Projects using 4Es model
AU - Agyekum-Mensah, George
AU - Knight, Andrew
AU - Pasquire, Christine
AU - Coffe, Christopher
PY - 2014
Y1 - 2014
N2 - Time, Cost and Quality (TCQ) has become the de facto of managing projects, including engineering projects and it is also used as performance assessment model. However, many researchers have stressed the limitations of using this model (TCQ). In this response, this study develops a conceptual model ‘4Es’ (Effective, Economic, Efficient, Ethics) for effective managing engineering projects and for performance assessment. A qualitative approach was adopted for this research. Multiple case studies were utilised and the method used was interviews, documentary evidence and observations. This was followed with an analysis, intellectual discussion and the development of the 4Es model as the essential tool for managing projects and for performance assessment. It is established that the aim of every client is to have ‘value for money’ (VfM). However, achieving VfM is not necessarily managing TCQ separately. It is concluded that, the 4Es model takes into consideration TCQ, Environmental impact and Resources by balancing these factors to generate optimal value. In addition, it is a performance assessment model.
AB - Time, Cost and Quality (TCQ) has become the de facto of managing projects, including engineering projects and it is also used as performance assessment model. However, many researchers have stressed the limitations of using this model (TCQ). In this response, this study develops a conceptual model ‘4Es’ (Effective, Economic, Efficient, Ethics) for effective managing engineering projects and for performance assessment. A qualitative approach was adopted for this research. Multiple case studies were utilised and the method used was interviews, documentary evidence and observations. This was followed with an analysis, intellectual discussion and the development of the 4Es model as the essential tool for managing projects and for performance assessment. It is established that the aim of every client is to have ‘value for money’ (VfM). However, achieving VfM is not necessarily managing TCQ separately. It is concluded that, the 4Es model takes into consideration TCQ, Environmental impact and Resources by balancing these factors to generate optimal value. In addition, it is a performance assessment model.
U2 - 10.4028/www.scientific.net/KEM.572.655
DO - 10.4028/www.scientific.net/KEM.572.655
M3 - Article
SN - 1662-9795
VL - 572
SP - 655
EP - 659
JO - Key Engineering Materials Journal
JF - Key Engineering Materials Journal
ER -