Verification and Validation Framework for Purdue Index for ConstructionSource: Journal of Management in Engineering:;2021:;Volume ( 037 ):;issue: 001::page 04020090-1DOI: 10.1061/(ASCE)ME.1943-5479.0000850Publisher: ASCE
Abstract: The Purdue index for construction (Pi-C) was previously developed to facilitate and promote data-driven decision-making. Pi-C is an analytical platform that allows stakeholders and decision makers to measure the current health trajectory of the construction industry by gauging increased or decreased trends in five dimensions: (1) economy, (2) stability, (3) social, (4) development, and (5) quality. Pi-C is expected to be developed and extended to a reliable construction index by adding new metrics and dimensions. As such, this research proposes a verification and validation framework of Pi-C to evaluate (1) the stability of the structure, and (2) the connectedness of the network to deal with the missing metrics and the unbalanced structure of Pi-C. Confirmatory factor analysis (CFA), exploratory factor analysis (EFA), and structural equation modeling (SEM) were applied to validate the hierarchical structure and the network of Pi-C. The implementation of the proposed framework was conducted by adding a new metric, supply, under the economy dimension. As a result, it was revealed that adding supply was acceptable, supported by quantitative analysis, and provided the balanced Pi-C structure. Moreover, this research provides a scientific foundation for researchers who attempt to verify or validate the hierarchical structure, which consists of multiple components and test the applicability of newly explored elements in the structure for further development.
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| contributor author | Soojin Yoon | |
| contributor author | JungHo Jeon | |
| contributor author | Hubo Cai | |
| contributor author | Makarand Hastak | |
| date accessioned | 2022-01-31T23:28:51Z | |
| date available | 2022-01-31T23:28:51Z | |
| date issued | 1/1/2021 | |
| identifier other | %28ASCE%29ME.1943-5479.0000850.pdf | |
| identifier uri | http://yetl.yabesh.ir/yetl1/handle/yetl/4269797 | |
| description abstract | The Purdue index for construction (Pi-C) was previously developed to facilitate and promote data-driven decision-making. Pi-C is an analytical platform that allows stakeholders and decision makers to measure the current health trajectory of the construction industry by gauging increased or decreased trends in five dimensions: (1) economy, (2) stability, (3) social, (4) development, and (5) quality. Pi-C is expected to be developed and extended to a reliable construction index by adding new metrics and dimensions. As such, this research proposes a verification and validation framework of Pi-C to evaluate (1) the stability of the structure, and (2) the connectedness of the network to deal with the missing metrics and the unbalanced structure of Pi-C. Confirmatory factor analysis (CFA), exploratory factor analysis (EFA), and structural equation modeling (SEM) were applied to validate the hierarchical structure and the network of Pi-C. The implementation of the proposed framework was conducted by adding a new metric, supply, under the economy dimension. As a result, it was revealed that adding supply was acceptable, supported by quantitative analysis, and provided the balanced Pi-C structure. Moreover, this research provides a scientific foundation for researchers who attempt to verify or validate the hierarchical structure, which consists of multiple components and test the applicability of newly explored elements in the structure for further development. | |
| publisher | ASCE | |
| title | Verification and Validation Framework for Purdue Index for Construction | |
| type | Journal Paper | |
| journal volume | 37 | |
| journal issue | 1 | |
| journal title | Journal of Management in Engineering | |
| identifier doi | 10.1061/(ASCE)ME.1943-5479.0000850 | |
| journal fristpage | 04020090-1 | |
| journal lastpage | 04020090-12 | |
| page | 12 | |
| tree | Journal of Management in Engineering:;2021:;Volume ( 037 ):;issue: 001 | |
| contenttype | Fulltext |