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Determining Performance Evaluation Equation for


Companies of the Ministry of Housing and Construction.
Abstract
Performance evaluation is one of the most important factors of control function
for firms regardless to the nature of the firms and their objectives. Then reaching
the value that represents the total performance for any company can be considered
as a high important issue. Hence contracting companies of the ministry of housing
and construction can be considered as the executive arm for the ministry, then s
it
important for the top management to check the total performance for these
companies to compare between them and to compare the annual progress in
performance development. TheTheoretical part for this paper is represented by
definitions and functions of performance evaluation. On the other hand,a field
survey was done by collecting data required to attain research objective
represented by the mathematical model of performance evaluation As these data
were not enough, a questionnaire was designed and collected to accomplish the
missing data reach a mathematical model using multiple linear regression analysis.
The final result was an equation of eleven independent variables giving the total
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282010 11

performance result for contracting companies of the ministry of housing and with
correlation factor R of 1.0.
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.
-:
1. Sabine Hoover and Nick
Schubert,
9
KPIs
successful
construction
firms
should
monitorhttp://www.micro
soft.com/dynamics/en/us/i
ndustries/constructionerp.aspx, viewed 13Nov.
2009.
2. Ken Roper and Michael
McLin, , Key Performance
Indicators
Drive
Best
Practices
for
General
Contractors,
http://www.fminet.com
,
viewed 13Nov. 2009.
;3. Ling, Florence Yean Yng
Peh,
Shanny
,
Key
Performance Indicators for
measuring
'contractors
performance Architectural
Science Review, Dec. 2005

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7. Spenser,
A.
Tucker,

Successful Management Control


by Ratio Analysis , Mc Graw
Hill Book, New York, 1961,
p:54.

.8 "
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1973 .302 310
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1966 4
10. Magee, c.c. , Financial
& Accounting & Control , GA
UN WIN Ltd. , 1968,p:180.
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