SUSTAINABLE KEY PERFORMANCE INDICATORS FOR URBAN REGENERATION PROJECTS

Year 2016, Volume: 34 Issue: 1, 1 - 13, 01.03.2016

Hande Aladağ Zeynep Işık

Abstract

The construction industry needs to assess its success in the long term considering the internal and external parameters affecting its performance. Urban regeneration projects have a considerable importance in terms of construction industry. Efforts have been exerted to overcome the problem of increase in building supply in contrast to the decrease in building demand with urban regeneration projects which don’t increase building supply, yet increase building demand. Besides, urban regeneration projects have the potential to be a driving force for the Turkish economy by manufacturing construction materials and in terms of engineering, technical consultancy and potential construction works. In order to provide an efficient performance for the Turkish construction industry in the long term, it is crucial to determine benchmarks and indicators, which affect the performance of urban regeneration projects. In this context, this study aims to investigate the Sustainable Key Performance Indicators (SKPIs) and their effects on success.

Keywords

Performance management, sustainable performance, urban regeneration, construction industry.

References

• [1] Ocal M.E., Oral E.L., Ediş E., et.al., “Industry Financial Ratios-Application of Factor Analysis in Turkish Construction Industry”, Building and Environment, 42, 385–92, 2007.
• [2] Turkish Contractors Association. (2015) Analysis of Turkish Construction Industry- January 2015. Available from: http://www.tmb.org.tr/arastirma_yayinlar/tmb_bulten_ocak2015.pdf [accessed March 03, 2015].
• [3] The Association of Real Estate Investment Companies, 2023 Vision for the Real Estate Market. Available from: http://www.gyoder.org.tr/PDFs/Publishings/Gayrimenkul%20Sektorunun2023Vizyonu.pdf
• [4] The Association of Real Estate Investment Companies. Available from: http://www.gyoder.org.tr/zirve7/Z7sunum/Ercin.Demirkol.Mortgage.Yasasi.pdf [accessed April 28, 2013].
• [5] Sancak E., Demirbaş E., “Global Economic Crises And Its Effect on Turkish Residential Sector”, Süleyman Demirel University the Journal of Faculty of Economics and Administrative Sciences, 16, 3, 171-90, 2011.
• [6] Turkish Contractors Association. (2011) Term Report of 2011. Available from: http://www.tmb.org.tr/arastirma_yayinlar/faaliyet_raporu_2011_son.pdf [accessed March 03, 2015].
• [7] The Association of Real Estate Investment Companies, Vision 2023 The Next Decade of Real Estate in Turkey. Available from: http://www.gyoder.org.tr/PDFs/PagePDFs/MIPIMinvestorguide2013.pdf [accessed April 28, 2013].
• [8] Global Property Guide. Available from: http://www.globalpropertyguide.com/investment-analysis/global-house-price-downturn-accelerates-q1-2012 [accessed March 03, 2015].
• [9] Global Property Guide. Available from: http://www.globalpropertyguide.com/investment-analysis/world-housing-markets-q3-2012-europe-in-the-eye-of-the-storm [accessed March 03, 2015].
• [10] Parkinson M., “The Thatcher Government's Urban Policy, 1979-1989”, Town Planning Review, 69, 4, 421-446, 1989.
• [11] Roberts P., “The Evolution, Definition and Purpose of Urban Regeneration”. In: Roberts P, Sykes H, editors. Urban regeneration a handbook. London: Thousand Oaks, New Delhi: Sage Publications; 2000.
• [12] ENKA web site. Available from: http://www.enka.com/Pdf/2014_ENR-Top-250-International-Contractors-List.pdf [accessed March 03, 2015].
• [13] Turkish Contractors Association. (2013) Analysis of Turkish Construction Industry- January 2013. Available from: http://www.tmb.org.tr/arastirma_yayinlar/tmb_bulten_ocak2013.pdf [accessed March 03, 2015].
• [14] Ofori G., “Managing Construction Industry Development”, Construction Management and Economics, 3,33-42, 1985.
• [15] Raftery J., Pasadilla B., Chiang Y.H., et.al., “Globalization and Construction Industry Development: Implications of Recent Developments in the Construction Industry in Asia”, Construction Management and Economics, 16,6,729-37, 1998.
• [16] Turkish Contractors Association. (2012) Analysis of Turkish Construction Industry- October 2012. Available from: http://www.tmb.org.tr/arastirma_yayinlar/TMB_bulten_ekim2012.pdf [accessed March 03, 2015].
• [17] Turkish Contractors Association, Turkish Construction Industry-Vision of 2023. Available from: http://www.tmb.org.tr/arastirma_yayinlar/TMB_insaat_sektoru_2023_vizyonu.pdf [accessed March 03, 2015].
• [18] Hemphill L., McGreal S., Berry J., “An Indicator Based Approach To Measuring Sustainable Urban Regeneration Performance: Part 2”, Empirical Evaluation and Case Study Analysis Urban Studies, 41, 757-772, 2004.
• [19] Couch C., Dennemann A., “Urban regeneration and sustainable development in Britain: The example of the Liverpool Ropewalks Partnership”, Cities, 17, 2, 137–47, 2000.
• [20] Kaplan R.S., Norton D.P., “The Balanced Scorecard-Measures That Drive Performance”, Harward Business Review, 1992.
• [21] Figge F., Hahn T., Schaltegger S., et.al., “The Sustainability Balanced Scorecard –Linking Sustainability Management To Business Strategy”, Business Strategy and the Environment, 11, 269–284, 2002.
• [22] Kaplan R.S., Norton D.P., “Translating Strategy Into Action: The Balanced Scorecard”. Harward Business School Press, Boston-Massachusetts, 1996.
• [23] Işık Z., Arditi D., Birgönül M.T., et.al., “Yapım Sektöründe Performans Değerlendirimesi Için Kavramsal Bir Model (A Conceptual Model For Performance Evaluation For The Construction Industry)”, 1. Proje ve Yapım Yönetimi Kongresi (First Congress of Project and Construction Management), Middle East Technical University, Ankara-Turkey, 2010.
• [24] Yu I., Kim K., Jung Y., et.al., “Comparable Performance Measurement System For Construction Companies”, Journal of Management in Engineering, 23, 3, 131-39, 2007.
• [25] Holt G.D., Olomolaiye P.O., Harris F.C., “A Review of Contractor Selection Practice in The U.K. Construction Industry”, Building and Environment, 30, 4, 553-61, 1995.
• [26] Zavadskas E.K, Turskis Z., Tamošaitiene J., “Contractor Selection of Construction in a Competitive Environment”, Journal of Business Economics and Management, 9, 3, 181-87, 2008.
• [27] Bassioni H.A., Price A.D.F., Hassan T.M., “Building A Conceptual Framework For Measuring Business Performance In Construction An Empirical Evaluation”, Construction Management and Economics, 23, 495-507, 2005.
• [28] Adair, A., Berry j., McGreal S., et.al., “The Financing Of Urban Regeneration”, Land Use Policy 17, 147-56, 2000.
• [29] Akkar Z.M., “Kentsel Dönüşüm Üzerine: Batı’daki Kavramlar, Tanımlar, Süreçler Ve Türkiye”, Journal of the Chamber of City Planners - Union of Chambers of Turkish Engineers and Architects, 2006/2, 29-39, 2006.
• [30] Gyourko J.E, Rybczynski W., “Financing New Urbanism Projects: Obstacles And Solutions”, Housing Policy Debate, 11, 3, 733-50, 2000.
• [31] Hemphill L., McGreal S., Berry J., “An Indicator Based Approach To Measuring Sustainable Urban Regeneration Performance: Part 1”, Conceptual Foundations and Methodological Framework Urban Studies, 41, 725-55, 2004.
• [32] Işık Z., Aladağ H., Akkaya D., “Integrating Sustainable Key Performance Indicators in Construction Company and Project Success”, 2nd Annual International Conference on Construction, Athens- Greece, June, 2012.
• [33] Işık Z., Aladağ H., Akkaya D., “Sustainable Key Performance Indicators for The Construction Industry”, International Congress Advances in Civil Engineering, Middle East Technical University, Ankara-Turkey, October, 2012.
• [34] Langstraat J.W., “ The Urban Regeneration Industry in Leeds: Measuring Sustainable Urban Regeneration Performance”, Earth & Environment, 2, 167-210, 2006.
• [35] McCarthy J., Pollock S.H.A., “Urban Regeneration In Glasgow and Dundee: A Comparative Evaluation”, Land Use Policy, 14, 2, 137-49, 1997.
• [36] Nalkaya S., “Kentsel Dönüşüm ve Kent Kimliği”, Yapı Dergisi, 292, 39-44, 2006.
• [37] Şişman A., Kibaroğlu D., “Dünyada ve Türkiye’de Kentsel Dönüşüm Uygulamaları”, TMMOB Harita ve Kadastro Mühendisleri Odası-12. Türkiye Harita Bilimsel ve Teknik Kurultayı, Ankara-Turkey, 2009.
• [38] Thomas S., “A Glossary Of Regeneration And Local Economic Development”. Manchester: Local Economic Strategy Center, 2003.
• [39] Karadağ H., Turkish Ministry for Environment and Urban Planning, Urban Regeneration. Available from: http://www.csb.gov.tr/dosyalar/images/file/kentsel%20donusum.pdf [accessed March 03, 2015].
• [40] Dinçer, I., (2009) Türkiye'de Kentsel Yenileme Uygulamaları. Available from: http://www.yildiz.edu.tr/~diclal/2009_ANLATI/090513_KENTSEL_KORUMA_TURKIYE-3.pdf [accessed March 03, 2015].