ANALYSIS OF CONDOMINIUM BUILDING MANAGEMENT PERFORMANCE IN CENTRAL TAIWAN
Management performance of condominium building projects is mainly assessed based on subjective judgment with limited objective evidence, thus calling into question the objective value of such assessments. The study utilizes data envelopment analysis (DEA) to assess management performance of 26 condo...
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| Veröffentlicht in: | International journal of organizational innovation 2018-04, Vol.10 (4), p.301-314 |
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| creator | Chen, Wei Tong Wang, Chao Wei Tan, Pei Sam Lu, Shih Tong Pan, Nai Hsin |
| description | Management performance of condominium building projects is mainly assessed based on subjective judgment with limited objective evidence, thus calling into question the objective value of such assessments. The study utilizes data envelopment analysis (DEA) to assess management performance of 26 condominium building projects (decision making units; DMUs) in central Taiwan, from four dimensions (operational finance, management system, service quality, personnel quality) with eight input and five output items. Variable differential analysis is applied to improve efficiency by reducing the ratio of inputs for each project. Key influence of each dimension was identified using sensitivity analysis. Five benchmarked and five least efficient DMUs were identified. The approach provides a positive mechanism for facilitating the objective assessment of property management. The empirical outcomes provide managerial insights for assessing project performance efficiency. |
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The study utilizes data envelopment analysis (DEA) to assess management performance of 26 condominium building projects (decision making units; DMUs) in central Taiwan, from four dimensions (operational finance, management system, service quality, personnel quality) with eight input and five output items. Variable differential analysis is applied to improve efficiency by reducing the ratio of inputs for each project. Key influence of each dimension was identified using sensitivity analysis. Five benchmarked and five least efficient DMUs were identified. The approach provides a positive mechanism for facilitating the objective assessment of property management. 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The empirical outcomes provide managerial insights for assessing project performance efficiency.</description><subject>Condominiums</subject><subject>Data analysis</subject><subject>Data envelopment analysis</subject><subject>Decision making</subject><subject>Efficiency</subject><subject>Facilities management</subject><subject>Property management</subject><subject>Quality of service</subject><subject>Sensitivity analysis</subject><subject>Service industries</subject><subject>Studies</subject><issn>1943-1813</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNpjYuA0tDQx1jW0MDTmYOAtLs4yAAJTE3NTY3NOBk9HP0efyGDPYAV_NwVnfz8Xf19PP89QXwWnUE8fF08_dwVfoAp3V19XvxCFANcgN_8goICzq4Knn4IzUCzI0UchxNEz3NGPh4E1LTGnOJUXSnMzKLu5hjh76BYU5ReWphaXxGfllxblAaXijQyMLCyMjU2MTIyJUwUA4041GA</recordid><startdate>20180401</startdate><enddate>20180401</enddate><creator>Chen, Wei Tong</creator><creator>Wang, Chao Wei</creator><creator>Tan, Pei Sam</creator><creator>Lu, Shih Tong</creator><creator>Pan, Nai Hsin</creator><general>International Association of Organizational Innovation</general><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>4S-</scope><scope>4U-</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X5</scope><scope>7XB</scope><scope>87Z</scope><scope>8A3</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>20180401</creationdate><title>ANALYSIS OF CONDOMINIUM BUILDING MANAGEMENT PERFORMANCE IN CENTRAL TAIWAN</title><author>Chen, Wei Tong ; 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| identifier | EISSN: 1943-1813 |
| ispartof | International journal of organizational innovation, 2018-04, Vol.10 (4), p.301-314 |
| issn | 1943-1813 |
| language | eng |
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| source | EBSCOhost Business Source Complete |
| subjects | Condominiums Data analysis Data envelopment analysis Decision making Efficiency Facilities management Property management Quality of service Sensitivity analysis Service industries Studies |
| title | ANALYSIS OF CONDOMINIUM BUILDING MANAGEMENT PERFORMANCE IN CENTRAL TAIWAN |
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