Evaluation of Methods to Retain Cost Estimating Competencies Using Structural Equation Modeling
| Autor: | Garold D. Oberlender, Anwar Alroomi, H. David Jeong |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Engineering
Cost estimate Management science business.industry Strategy and Management 05 social sciences 0211 other engineering and technologies General Engineering Questionnaire Estimator 02 engineering and technology Building and Construction Management Science and Operations Research Structural equation modeling Engineering management Construction industry 021105 building & construction 0502 economics and business Industrial relations business 050203 business & management |
| Zdroj: | Journal of Management in Engineering. 32 |
| ISSN: | 1943-5479 0742-597X |
| Popis: | The greatest challenge facing the cost estimating profession over the next decade is probably the high retirement rate of senior estimators who have critical knowledge and skills in estimating. Engineering and construction companies in the construction industry are confronted with an imminent need to develop and employ effective strategies and methods to retain experienced estimators’ knowledge and skills and successfully transfer to junior estimators. This study investigates the effectiveness of 10 traditional and advanced methods in retaining and developing core estimating competencies. In total, 77 completed questionnaire survey forms were collected from the Construction Industry Institute member companies and American Society of Professional Estimators. The structural equation modeling (SEM) method was employed to assess the effectiveness of each method in retaining estimating competencies by analyzing empirical cause and effect relationships between methods and estimating competencies. The SE... |
| Databáze: | OpenAIRE |
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