59 research outputs found

    A Framework for Smart Building Technologies Implementation in the Ghanaian Construction Industry: A PLS-SEM Approach

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    This study sought to identify the dimensions and the significant critical factors capable of enhancing Smart Building Technologies' (SBTs') implementation for smart building projects in developing countries. A desk literature review is first conducted to identify and categorize the potential factors. It is further analyzed using partial least square structural equation modelling (PLS-SEM) based on 227 valid data from experts in Ghana. The study revealed four underlying dimensions (i.e., ‘processes and control'[PC], ‘people and skills'[PS], ‘methods and techniques'[MT], and ‘knowledge sharing'[KS]) consisting 14 significant critical factors capable of enhancing SBTs implementation for smart building projects, with the top three comprising ‘appropriate procedures/practices for managing smart building projects (MT3)', ‘appropriate tools/techniques to guide smart building projects to their delivery (MT2)', and ‘skills and experience required to pick project team members for smart building projects (PS1)’. Further analysis with PLS-SEM revealed a significant positive effect of the four underlying dimensions and their positive interrelationships toward framework development. Besides the unique contribution of this study to the knowledge body, it also provides project managers and a construction design team with a structured knowledge of the skills, expertise, attitudes, decision-making, processes, control mechanisms, and effective delivery of smart building projects in developing countries

    Exploration of latent barriers inhibiting project management processes in adopting smart building technologies (SBTs) in the developing countries

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    Purpose: While smart building technologies (SBTs) implementation ensures sustainability, their adoption is hampered by latent barriers, especially in project management processes. These latent barriers must be addressed to facilitate the successful and widespread adoption of SBTs. Therefore, this study aims to explore the significant latent barriers inhibiting the project management processes in adopting SBTs in developing countries. Design/methodology/approach: A positivist research philosophy couched within a deductive approach was adopted to undertake a quantitative questionnaire survey of 227 project management and design team participants. Descriptive and inferential analytical tools (including a one sample T-test and exploratory factor analysis) were then adopted to interpret data collected. Findings: The results reveal that the “high cost of smart sustainable materials and equipment” is the major significant barrier hindering the adoption of SBTs in developing countries. Latent barriers were: “structure and time-related barriers,” “construction-related barriers” and “human, policy and cost-related barriers”. Originality/value: The study contributes novel insights into the prevailing nascent discourse on SBTs from the perspectives of construction project managers and design teams in developing countries, particularly. Furthermore, to the best of the authors’ knowledge, this is the first study that ascertains the significant barriers inhibiting project management processes in adopting SBTs in developing countries

    Assessing the level of awareness of smart building technologies (SBTs) in the developing countries

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    Purpose: The purpose of this paper is to investigate the awareness level of smart building technologies (SBTs) among construction professionals in developing countries such as Ghana, and identify the key factors that have the significant capability of influencing the awareness level significantly. Design/methodology/approach: Data were collected through questionnaire survey from 227 construction design team and project managers in the Ghanaian construction industry. Descriptive analysis and multivariate analysis using multiple regression were used to analyze the data. Findings: Averagely low level of SBTs awareness was observed to exist among professionals in the construction industry of Ghana. The study further revealed “training programs” by organizations and “individual knowledge” as the key factors capable of significantly influencing the level of SBTs awareness in the construction industry of developing countries, particularly Ghana. Practical implications: This paper identified training programs by organizations and individual knowledge as the two key factors having significant capability of influencing the SBTs awareness in the construction industry of developing countries such Ghana. The two factors can be incorporated in policymaking process via considerations to help create SBTs awareness, such as encouragement of continuous professional development toward smart building concept in relation to construction sustainability. Originality/value: This study conceptualizes from a systematic professional perspective and provides empirical evidence on the key significant factors capable of influencing the awareness of SBTs in the developing countries such as Ghana

    Underlying indicators for measuring smartness of buildings in the construction industry

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    Purpose: This study investigates the underlying indicators for measuring the smartness of buildings in the construction industry; where the Smart Building Technology (SBT) concept (which incorporates elements of the Zero Energy Building (NZEB) concept) could ensure efficient energy consumption and high performance of buildings. Design/methodology/approach: An overarching post-positivist and empirical epistemological design was adopted to analyze primary quantitative data collected via a structured questionnaire survey with 227 respondents. The mean ranking analysis and one-sample t-test were employed to analyse data. Findings: Research findings revealed that the level of knowledge of smart building indicators is averagely high in the Ghanaian construction industry. Future research is required to evaluate the awareness level of Smart Building Technologies (SBTs) by construction professionals and identify barriers to its adoption. Originality/value: A blueprint guidance model (consisting of significant indicators for measuring building smartness) was developed to help improve building performance and inform policymakers

    Insurable and non-insurable risks in complex project deals: case of the Ghanaian construction industry

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    Purpose The purpose of this study is to investigate the insurable risks that impacted the operations on complex construction projects in developing countries using Ghana as a case study. Design/methodology/approach In this study, structured questionnaires were used to collect relevant information from the top management of construction and insurance firms in Ghana, comprising 50 industry professionals. The study adopted the χ2 and independent samples’ t test to interpret the responses from participants. Findings The study revealed the major risks that severely impacted the operations on complex construction projects, including strikes and labour disputes, long waiting time for approval of test samples, damages to property during construction, delay in payment to contractor for work done, poor construction method, pressure to deliver project on an accelerated schedule, labour shortage, permits delayed or take longer than expected, inaccurate materials estimating, change in weather pattern, low productivity of subcontractors and inadequate contractor experience. Practical implications The study is expected to contribute to increase in the awareness of the insurable risks and policies that project participants are exposed to, which will serve as a decision-making tool for contract formation. Originality/value This study assists in managing construction and insurance firms to note the major risk in managing a complex construction project. In addition to knowing the major risks identified, the study investigates the insurable risk by managing both construction and insurance firms

    Short run causal relationship between foreign direct investment (FDI) and infrastructure development

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    Purpose – Foreign direct investment (FDI) ïŹ‚ows for infrastructure development have grown in volume to become more widely dispersed among home (outward investor) and host (recipient) countries. This paper aims to explore the short-run causal relationship between FDI and infrastructure development in the developing country of Ghana. Design/methodology/approach – A two-stage least squares estimation method was adopted where FDI was endogenized, and all variables were in constant prices. Stationarity tests were performed on the annualized log difference of variables using augmented Dickey–Fuller test(ADF). Findings – Results reveal a positive and signiïŹcant relationship between FDI and infrastructure but a negative and signiïŹcant relationship between FDI and GDP and FDI and openness. GDP growth also has a long-run negative relationship with FDI inïŹ‚ows. Originality/value – The paper’s contribution to knowledge is two-fold. First, it examines the short run effect of FDI upon the Ghanaian economy and how market shocks to FDI and infrastructure development can be ameliorated. Second, it illustrates that government policymakers should prioritize development that requires FDI and ensure that the local market is not excessively open to foreign exploitation. Future work is required to further investigate international capital ïŹ‚ow and its impact upon other developing nations

    A preliminary mechanical design evaluation of the Wikispeed car: for light-weighting implications

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    Purpose Road passenger transportation faces a global challenge of reducing environmental pollution and greenhouse gas emissions because of the vehicle weight increases needed to enhance passenger safety and comfort. This paper aims to present a preliminary mechanical design evaluation of the Wikispeed Car (with a focus on body bending, body torsion and body crash) to assess light-weighting implications and improve the vehicle’s environmental performance without compromising safety. Design/methodology/approach For this research, finite element analysis (FEA) was performed to examine the Wikispeed chassis for light-weighting opportunities in three key aspects of the vehicle’s design, namely, for body bending the rockers (or longitudinal tubes), for body torsion (again on the rockers but also the chassis as a whole) and for crash safety – on the frontal crash structure. A two-phase approach was adopted, namely, in phase one, a 3D CAD geometry was generated and in phase, two FEA was generated. The combination of analysis results was used to develop the virtual model using FEA tools, and the model was updated based on the correlation process. Findings The research revealed that changing the specified material Aluminium Alloy 6061-T651 to Magnesium EN-MB10020 allows vehicle mass to be reduced by an estimated 110 kg, thus producing a concomitant 10 per cent improvement in fuel economy. The initial results imply that the current beam design made from magnesium would perform worst during a crash as the force required to buckle the beam is the lowest (between 95.2 kN and 134 kN). Steel has the largest bandwidth of force required for buckling and also requires the largest force for buckling (between 317 kN and 540 kN). Originality/value This is the first study of its kind to compare and contrast between material substitution and its impact upon Wikispeed car safety and performance

    Exploring strategies to reduce moral hazard and adverse selection of Ghanaian Public-Private-Partnership (PPP) Construction Projects

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    Purpose: Conditions of inadequate and asymmetric information when an agent is hired by a principal have resulted in the problems of moral hazard and adverse selection (MHAS) in Public Private Partnership (PPP) construction projects. The objective of this study was to explore strategies to reduce moral hazard and adverse selection in PPP construction projects. Design/methodology/approach: Questionnaires were used to elicit responses from respondents. Mean score ranking was used to rank these strategies while reliability analysis was conducted using Cronbach Alpha coefficient and level of agreement tested using Kendall’s concordance. Factor analysis grouped the strategies into eight components. Findings: From the mean score ranking, Monitoring; Transfer of risks; Screening; Managing of construction risks; and Increased incentives to control costs were the most significant strategies. The eight components were: Transparent process and contract; Incentives and monitoring; Screening and technical assistance; Unbundling and benchmarking; Funding and small liabilities; Information clarification and signalling; Risk and contract management; and Cooperation and finance factors. Practical implications: The findings of this have identified the most significant strategies to reduce MHAS on PPP construction projects to serve as a guide to PPP practitioners in reducing MHAS. Originality/value: The output of this research contributes to the checklist of strategies that reduce PPP project failures arising from MHAS and contributes to the development of the agency theory

    An assessment of mortgage loan default propensity in Ghana

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    Purpose Credit market development requires appropriate credit assessment and default policies. This paper aims to examine the impact of household characteristics on mortgage default, using survey data collected from Ghanaian financial institutions. Design/methodology/approach Data were gathered using semi-structured questionnaires from customers of five universal banks in Ghana. A logistic regression was used to model the determinants of credit default propensity. Findings Contrary to established knowledge, the study shows that females are more likely to default on credit than their male counterparts. This is even more likely if the female is older, unmarried, divorced and financially illiterate and has lower educational attainments. These factors are associated with lower earning capacity, which increases default tendencies. The findings confirm that price instability (typified by excessive movements in inflation and exchange rates in addition to low national savings rate) are adversely linked to credit defaults. Borrower’s perception of constraints to credit access (such as collateral requirements, interest rate and loan size) influence credit default. Banks should be encouraged to invest in the financial literacy skills development of their customers to mitigate credit default tendencies. Social implications The study is of practical value to credit officers and the development of the credit market in Ghana. A novel model is presented for assessing credit applications and developing credit default policies. Originality/value The research findings have not only expanded the frontiers of literature but also empirically examined the determinants of credit default propensity, which provides a basis for developing and improving credit default policy in the credit market

    The Impact of Infrastructure Development on Economic Growth in Sub-Saharan Africa with Special Focus on Ghana

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    Purpose- This research seeks to assess the impact of infrastructure development on Ghana’s economic growth. Design/methodology/approach- Using data obtained from the World Bank’s World Development Indicators, the United States’ (US) International Energy Statistics and the Central Intelligence Agency’s (CIA) Factbooks from 1980 to 2016, an autoregressive distributed lag (ARDL) framework is used to determine the long and short run impact of the selected infrastructure stock and quality indices on Ghana’s economic growth. Findings- Findings indicate a statistically significant relationship between infrastructure development and economic growth. Additionally, electricity generating capacity is identified as the infrastructure stock index that has the greatest positive impact on Ghana’s economic growth. The study reveals that electricity distribution loss has a significant negative effect over both long- and short-run periods. Practical implications- The research provides pragmatic guidance to policy makers to focus efforts upon expanding electricity generating capacity while simultaneously taking steps to curb electricity transmission and distribution losses. These two related actions offer the greatest positive impact upon infrastructure development and as a consequence, Ghana’s economic growth. Originality/value- This paper represents the first attempt to empirically study the relationship between infrastructure development and Ghana’s economic growth. A key contribution to the existing body of knowledge includes strong evidence of a positive effect of infrastructure development upon Ghana’s economic growth. Results also reveal that the greatest positive impact upon economic growth is derived from electricity generation capacity. However, the study also uncovers a negative, but statistically significant, relationship between road and economic growth. Research Limitations- Commercial petroleum export from Ghana since 2010 has been a key contributor to economic growth. Although its aggregate effect is included in the annual GDP figures adopted for the study, the authors would have wished to assess its impact on GDP as an independent standard growth determinant. However, because of a lack of available data over this study period, petroleum exports could not be adopted as an independent standard growth determinant. Additionally, an aggregated index of infrastructure stock and quality could not be derived due to the small size of data available. Hence, this study did not assess its impact upon Ghana’s economic growth
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