Influence of technology on project success measures
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Technologies and innovations emerge quickly in the business world. Construction firms attempt to improve project performance by adopting technology. However, the advantages gained from technology utilization are still not clear. Uncertain benefits and lack of information on how technology affects overall project performance makes some construction firms reluctant to implement technology. Therefore, there is a need for studies that quantify the impacts of technology utilization on overall project success. Quantifying effects on project success will assist companies in deciding whether to use certain technologies. This dissertation is one of the first research studies to quantify the impacts of technology utilization on overall project success. The primary objective of this research is to determine the degree to which technology application is associated with project success. In order to explore this, the relationships between project success and technology usage at the project and phase level are investigated with statistical analyses. In addition, identification of work functions (WFs) that leverage project cost and schedule success is discussed. This dissertation also explores the links between project success and technology utilization in further detail. The techniques used for analyzing the associations include cost performance sensitivity, schedule performance sensitivity, and analysis of Work Function Characteristics (WFCs). Cost and schedule performance sensitivity analyses of project performance-leveraging work functions are employed as a way to gain greater understanding of the connection between technology usage and project performance. In addition, WFCs are investigated as an additional basis for gaining deeper insights into how technology usage may impact project success.