The Impact of Integrated Supply Chain Platforms on Project Management Criteria: A Study of Time, Cost, and Risk Management in Construction Projects

The Impact of Integrated Supply Chain Platforms on Project Management Criteria: A Study of Time, Cost, and Risk Management in Construction Projects. Information is now viewed as a key instrument in decision-making for the survival and growth of supply chain (SC) businesses. (Doroudchi & Nikmehr, 2007). Gaining power from information would likely allow businesses dealing with SC challenges to exert more control over their suppliers and improve their supply chain management (SCM) capabilities (Kashyap, 2011).[1] In the supply chain, information is frequently used to achieve two objectives (Mashreghi & Nahavandi, 2010): 1. Organizing everyday operations related to manufacturing, storage, positioning, and transportation 2. Using forecasting and planning to predict future demand and determine the necessary steps to requirements. Effective information dissemination and transmission can enhance all SCM components. A key factor in improving SCM implementation is the use of information technology for accurate and timely information sharing and transfer. The primary objective of current research is to measure the effectiveness of integrated software platforms in the management of the supply chain in construction industry and examine their effectiveness in managing projects. Instead of investigating the effectiveness in the scale of the whole firm, we narrow down our study to the project level. This approach would take into account each individual project and by avoiding the aggregate performance measurement, reveal valuable information on how each project may benefit from or even might be impaired by utilizing integrated software solutions for the supply chain management. Based on the research problem, the following objectives can be formulated: Research question 1: How does the adoption of integrated supply chain platforms (ISCP) in construction projects affect overall project performance and success rate? Research question 2: What are the specific time management benefits that construction projects gain when using ISCP compared to conventional supply chain techniques? Research question 3: In what ways do construction projects that use ISCP demonstrate more efficient cost management compared to projects that rely on traditional supply chain management techniques? Research question 4: How do construction projects that use ISCP demonstrate better risk management compared to projects that rely on traditional supply chain management methods? Our research is based on a survey which has been conducted aimed at project managers within the construction industry in Italy, and the effect of the integrated software platforms on time, cost, and risk management within projects in this industry has been analyzed. In order to analyze the survey results. Structural Equation Model (SEM) was used to check the data and perform statistical evaluations on it. (number of samples, limitations in the sampling and work, etc.) Must be briefly stated here, and with further exploration of the SEM and statistical works done on the project, we can add more items to this part) By analyzing the data taken from the surveys of the construction industry in Europe, we represent the perception of the usage of the ISCP on different project management criteria, time, cost and risk management as well as the whole impact on the project performance.