Performance measurement applications within the UK construction industry: A literature review

The significance of performance measurement (PM) in any organisation is long
being realised. As a result PM has been incorporated in the management agenda. PM can be
defined as a “process which determine how successful organisations or individuals in
achieving their objectives”. Limitations of traditional performance measures challenged their
application in the modern business environment. This stimulated towards a new era of PM,
leading the path to the development of many PM frameworks. Research done during the past
decades, revealed many issues in the UK construction industry. Thus, the industry is under
tremendous pressure to improve its performance. This paper provides a literature review on
the current applications in PM, highlighting the limitations of traditional measures, features of
good PM systems. Further, the problems in the UK construction industry and PM applications
have been discussed with the aim of identifying the issues which are not addressed from the
current PM applications.