Purpose
All industry has been facing tremendous pressure since the beginning of 2020 owing to COVID-19 crisis, including real estate construction. The research is a case study investigating ...challenges and action plans faced by stakeholders (developers/consultants/contractors) in real estate construction in some major cities in Indonesia. This study aims to identify and prioritize on action plans related to real estate construction stakeholders.
Design/methodology/approach
The study gathered challenges and action plans by distributing open questionnaire to expert to get insights in their own verbatim. Data reduction was then performed to get high-level challenges and high-level action plans. High-level action plans were then analyzed using proposed Eisenhower-simultaneous importance performance analysis (SIPA) matrix which help prioritize high-level action plans. Correlation matrix was also constructed to gain insight on relation between action plans to challenges and to three main LEAN elements (Muda, Mura and Muri). Alternative ranking method using “sum-product to 3M” approach was also performed to give complementary insights.
Findings
Ten action plans fall under category “Act now and become COVID-19 champion company.” One falls under category “prepare and invest now to gain competitive advantage,” one falls under category “external collaboration now to survive,” one falls under category “external collaboration for potential efficiency,” whereas the remaining six action plans fall under category “let-it-go” or “do-nothing.”
Research limitations/implications
The study gathered only 48 and 64 respondents in its first and second questionnaires. Despite small number, the respondents are experts in their own field, and their valuable insights and responses off-set the limited number of participants. The study gives insightful action plans that can be taken by stakeholders in real-estate construction in Indonesia’s major cities analyzed by proposed Eisenhower-SIPA matrix.
Originality/value
The novelty of the research lies in the insights from industry experts in dealing with current COVID-19 pandemic in real-estate construction in Indonesia. Added value is also given through the use of Eisenhower-SIPA matrix.
At the beginning of each academic session, I typically devote a class or two to share my tips on time management and personal productivity with newly admitted students at the Central University of ...Punjab. I believe this is a crucial first step for students, as the curriculum hardly contains any information on either. I also notice that an article on this important theme is altogether non-existent. In this write-up, some of the most important methods of time management and personal productivity are thoroughly reviewed before concluding with a few pedagogical suggestions for teachers to ensure that their students manage time efficiently and be more productive with their studies and research.
Requirement Prioritization (RP) was introduced as a solution to the project with huge number of requirements by eliminating some of the requirements based on fair judgement in terms of priority value ...or rank made by expertise or stakeholder or both parties depending on the technique's specific operation. Along with the RP concept, there is another concept that must be deeply understood, which is Requirement Interdependencies (RI), which describes the interdependencies of requirements with each other. However, not many RP techniques involve the RI element during the RP process, citing complexity as the key reason for this, even though the RI element plays a critical role in determining the most important requirement for improving the project success rate. This paper describes the propose technique, which improves the RP process while considering the RI element. Two conventional RP techniques, Three level-Scale and Rank Ordering. Each RP technique plays an important part in producing high accuracy results while improving the impact of RI element during the RP process.
