Author_Institution :
Sch. of Civil Eng., Chang´an Univ., Xi´an, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE\´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The home-and-abroad literature review shows that calculating the performance coefficients between EPC Program and its management module has not been found from the EPC contractor\´s viewpoint. It is emphasized that management is the main source of benefit, and the essence of EPC module is a kind of instrument producing the performance or benefit. This article, from the EPC contractor\´s point of view, builds EPC management function performance model, analyzes EPC management income distribution patterns of EPC management module, and constructs Markov state transition matrix by using expert scoring method and AHP method to calculate the performance contribution stability of EPC contractor\´s management module and to predict the stability of the EPC performance management module. The empirical study of the Branch Company of the 20th China Metallurgical Corporation shows that although the performance coefficients (0.13,0.06,0.3,0.2,0.31) in the module do not meet the pattern of "E-P-C" in EPC management, in which the additional values of the three elements appear decreasing, the coefficients satisfy the pattern of a “smiling” curve, by which it means that a shape of “high at two ends, low in the middle” reflects a relationship between the importance attached to the module and the performance income coefficients resulted from the module. Judging from common sense, it is the construction module (C) that should be at the bottom of the “smiling” curve, not the procurement m- dule (P). The company, therefore, should adjust its focus in the management module to raise its base line in the procurement module so as to create a more reasonable performance income distribution curve.
Keywords :
Markov processes; construction industry; project management; AHP method; China metallurgical corporation; Chinese case; EPC contractor management module; Markov state transition matrix; construction industry; construction module; management income distribution; project management; Companies; Construction industry; Markov processes; Procurement; Project management; China; Construction industry; EPC; Management module; Performance;