A proposed framework for measuring future construction industry performance

[Extract] Measuring construction performance improvement is the new frontier in observing transformations that will, in the future, redefine the global construction
industry. Establishing industry-wide performance measures that provide a line of
sight for governments, industry stakeholders and clients to effectively monitor
and interpret the many claims made about achievements in this area prove elusive. Despite little disputation over the potential for construction performance to
be improved, the necessary connections to make this happen have not yet been
able to fully align (Holt and Goulding 2016).
There are three main forces threatening to reshape today’s construction industry. These explain why new performance measures are now important and necessary. They are:
1. construction fully engaged with the digital economy;
2. construction rapidly becoming industrialised; and
3. construction being organised and procured in a more dynamic global
marketplace.
Construction in the near future will be characterised by construction firms
that embrace the above forces and adapt accordingly. In this context, modern
constructors need tools to demonstrate they are measurably better than their
traditional construction counterparts. This will lead to tangible benefits for construction’s future customers