Next Article in Journal / Special Issue
Additive Manufacturing Applications for Industry 4.0: A Systematic Critical Review
Previous Article in Journal
Experimental Study of Using Micro-Encapsulated Phase-Change Material Integrated into Hemp Shive Wallboard
Previous Article in Special Issue
Lean Thinking and Industrial 4.0 Approach to Achieving Construction 4.0 for Industrialization and Technological Development
Open AccessArticle

AHP-Systems Thinking Analyses for Kaizen Costing Implementation in the Construction Industry

1
School of Built Environment, Engineering and Computing, Leeds Beckett University, Leeds LS1 3HE, UK
2
Department of the Built Environment, Central University of Technology, Bloemfontein 9301, South Africa
3
School of Architecture and Built Environment, University of Newcastle, Callaghan, NSW 2308, Australia
4
School of Architecture and Built Environment, University of Wolverhampton, Wolverhampton WV1 1LY, UK
5
Scott Sutherland School of Architecture and Built Environment, Robert Gordon University, Aberdeen AB10 7AQ, UK
*
Author to whom correspondence should be addressed.
Buildings 2020, 10(12), 230; https://doi.org/10.3390/buildings10120230
Received: 8 November 2020 / Revised: 26 November 2020 / Accepted: 1 December 2020 / Published: 5 December 2020
The incessant reportage of cost overruns and abandoned projects in contemporary literature have accentuated the need for a re-examination of the nature of the cost management strategies deployed to these projects. This study explores the potential of kaizen costing strategy to engender effective cost management within construction project delivery systems in developing countries. Data collected during this study were analysed using the analytic hierarchy process (AHP) and systems thinking approaches to determine the criticality of the factors influencing the effective implementation of kaizen costing. Seven (7) archetypes leading to final causal loop diagram identified the incorporation of the plan–do–check–act approach to project and cost planning, the budgeting system of the construction companies, overhead cost reduction during construction and the overall procurement process. Executing these archetypes will potentially reduce high overhead costs, project cost and time overruns, as well as enhance construction industry sector growth policies and construction organisation corporate governance. View Full-Text
Keywords: analytical hierarchy process; causal loop; construction companies; lean construction; kaizen costing; systems thinking analytical hierarchy process; causal loop; construction companies; lean construction; kaizen costing; systems thinking
Show Figures

Figure 1

MDPI and ACS Style

Omotayo, T.; Awuzie, B.; Egbelakin, T.; Obi, L.; Ogunnusi, M. AHP-Systems Thinking Analyses for Kaizen Costing Implementation in the Construction Industry. Buildings 2020, 10, 230. https://doi.org/10.3390/buildings10120230

AMA Style

Omotayo T, Awuzie B, Egbelakin T, Obi L, Ogunnusi M. AHP-Systems Thinking Analyses for Kaizen Costing Implementation in the Construction Industry. Buildings. 2020; 10(12):230. https://doi.org/10.3390/buildings10120230

Chicago/Turabian Style

Omotayo, Temitope; Awuzie, Bankole; Egbelakin, Temitope; Obi, Lovelin; Ogunnusi, Mercy. 2020. "AHP-Systems Thinking Analyses for Kaizen Costing Implementation in the Construction Industry" Buildings 10, no. 12: 230. https://doi.org/10.3390/buildings10120230

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop