Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study
Society and the business world are paying more and more attention to the Circular Economy (CE) principles. The construction industry is no stranger to this issue, and the companies are transitioning towards sustainable production models. However, it is not easy to predict when and to what extent a c...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-05-01
|
| Series: | Buildings |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2075-5309/10/5/94 |
| _version_ | 1797567785344172032 |
|---|---|
| author | Pedro Núñez-Cacho Utrilla Jarosław Górecki Juan Manuel Maqueira |
| author_facet | Pedro Núñez-Cacho Utrilla Jarosław Górecki Juan Manuel Maqueira |
| author_sort | Pedro Núñez-Cacho Utrilla |
| collection | DOAJ |
| description | Society and the business world are paying more and more attention to the Circular Economy (CE) principles. The construction industry is no stranger to this issue, and the companies are transitioning towards sustainable production models. However, it is not easy to predict when and to what extent a company implements the CE. To measure this process, a scorecard, that includes the main Key Performance Indicators (KPIs) of the construction industry, related to the CE, was designed. Thus, the objective of this article is to design and test the CE-dashboard applicable to the construction industry. To do it, firstly, a literature review is performed. The next step is the selection of the KPIs collected in the literature, more suitable for reporting information about CE. Afterwards, a simulation based on the Monte Carlo technique performs. After multiple iterations, this method establishes the most probable KPI values as a result, which will be confronted with the limits used in the scorecard. With all this information, the dashboard emerges in Qlik software. Finally, a test of this dashboard takes place according to the information about KPIs from one of the leading Spanish companies (General Contractor (GC) building company). This step brings the validity of the created measurement instrument. |
| first_indexed | 2024-03-10T19:47:27Z |
| format | Article |
| id | doaj.art-316ec3daa1aa4b7aac3e75d8d3c8bead |
| institution | Directory Open Access Journal |
| issn | 2075-5309 |
| language | English |
| last_indexed | 2024-03-10T19:47:27Z |
| publishDate | 2020-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Buildings |
| spelling | doaj.art-316ec3daa1aa4b7aac3e75d8d3c8bead2023-11-20T00:41:12ZengMDPI AGBuildings2075-53092020-05-011059410.3390/buildings10050094Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case StudyPedro Núñez-Cacho Utrilla0Jarosław Górecki1Juan Manuel Maqueira2Polytechnic School of Linares, University of Jaén, 23071 Jaén, SpainFaculty of Civil and Environmental Engineering and Architecture, UTP University of Science and Technology, al. prof. S. Kaliskiego 7, 85-348 Bydgoszcz, PolandPolytechnic School of Linares, University of Jaén, 23071 Jaén, SpainSociety and the business world are paying more and more attention to the Circular Economy (CE) principles. The construction industry is no stranger to this issue, and the companies are transitioning towards sustainable production models. However, it is not easy to predict when and to what extent a company implements the CE. To measure this process, a scorecard, that includes the main Key Performance Indicators (KPIs) of the construction industry, related to the CE, was designed. Thus, the objective of this article is to design and test the CE-dashboard applicable to the construction industry. To do it, firstly, a literature review is performed. The next step is the selection of the KPIs collected in the literature, more suitable for reporting information about CE. Afterwards, a simulation based on the Monte Carlo technique performs. After multiple iterations, this method establishes the most probable KPI values as a result, which will be confronted with the limits used in the scorecard. With all this information, the dashboard emerges in Qlik software. Finally, a test of this dashboard takes place according to the information about KPIs from one of the leading Spanish companies (General Contractor (GC) building company). This step brings the validity of the created measurement instrument.https://www.mdpi.com/2075-5309/10/5/94Circular Economyconstruction industryKey Performance IndicatorsCircular Economy Indexdashboards |
| spellingShingle | Pedro Núñez-Cacho Utrilla Jarosław Górecki Juan Manuel Maqueira Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study Buildings Circular Economy construction industry Key Performance Indicators Circular Economy Index dashboards |
| title | Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study |
| title_full | Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study |
| title_fullStr | Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study |
| title_full_unstemmed | Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study |
| title_short | Simulation-Based Management of Construction Companies under the Circular Economy Concept—Case Study |
| title_sort | simulation based management of construction companies under the circular economy concept case study |
| topic | Circular Economy construction industry Key Performance Indicators Circular Economy Index dashboards |
| url | https://www.mdpi.com/2075-5309/10/5/94 |
| work_keys_str_mv | AT pedronunezcachoutrilla simulationbasedmanagementofconstructioncompaniesunderthecirculareconomyconceptcasestudy AT jarosławgorecki simulationbasedmanagementofconstructioncompaniesunderthecirculareconomyconceptcasestudy AT juanmanuelmaqueira simulationbasedmanagementofconstructioncompaniesunderthecirculareconomyconceptcasestudy |