RESEARCH ARTICLE


Developing a Sustainability Performance Assessment Tool for Public Funded Projects According to Policies and Stakeholders’ Perceptions



Yousong Wang, Honglei Yi *, Mian Fang
School of Civil Engineering and Transportation, South China University of Technology, Guangzhou 510640, China.


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Creative Commons License
© 2014 Wang et al.;

open-access license: This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International Public License (CC-BY 4.0), a copy of which is available at: https://creativecommons.org/licenses/by/4.0/legalcode. This license permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

* Address correspondence to this author at the School of Civil Engineering and Transportation, South China University of Technology, Guangzhou 510640, China; Tel: +8615920481699; E-mail: yihonglei1122@gmail.com


Abstract

Sustainable principles have been applied in many sectors including the construction industry. In light of this requirement, delivery and operation of public funded projects have been given particular attention since they are seen as benchmarks in this industry and possess more significant impact on economy, environment, society, resource utilization, health and safety, as well as project governance. Current studies on assessing sustainability performance of these projects are found to have some gaps. By calculating the sustainability performance indicator, the research reported in this paper introduced an improved System Dynamic model addressing the impact of policies and stakeholders’ perceptions based on the previous studies. In addition, the improved model alters the way in which sustainability performance indicator evolves to make it more precise. A real stadium project in Shenzhen, China is presented to illustrate the application of the improved model in appraising the sustainability performance of public funded projects. The case study also reveals the aspects to be enhanced to make the sustainability performance better in this project.

Keywords: Policy, public funded projects, stakeholder, sustainability performance indicator, system dynamics.