USING PRODUCTIVITY INDICES IN ADAPTIVE CONSTRUCTION PROJECT MANAGEMENT

In recent years there has been a rising interest in the level of productivity in the construction industry. This can be attributed to the fact that weak productivity growth in the economy as a whole is reflected in the construction industry. The purpose of this paper is to review various measures of productivity used in the literature, such as the Project Management Index and Disruption Index that have been used to determine the levels of productivity as well as to analyse some of the results so far in Greece. The method introduced in this research is adaptive management as an approach to more closely link research with construction project management. A case study is considered, for the purposes of this research. The Project Management Index as well as and the Disruption Index are calculated both for the traditional method and the adaptive method. The Project Management Index derived is as high as 0.1 based on the traditional method while it is 0.0083 based on the adaptive method. The Disruption Index based on the traditional method is 0.092 while based on the adaptive method it is as low as 0.047. Conclusively, project management benefits from using the adaptive process in construction activities.