Human resource related factors and engineering, procurement, and construction (EPC) project success

Abstract

Purpose

This paper aims to assess the impact of human resource-related factors, including human resource development (HRD) and human resource competency (HRC), on engineering, procurement and construction (EPC) project success (PS), and explore the interrelationship among these factors.

Design/methodology/approach

Structural equation modeling with the application of SPSS and AMOS software is used to test three hypotheses in the conceptual framework and analyze interrelationships among HRD, HRC and PS. A survey of 800 participants involved in EPC projects throughout Vietnam was conducted.

Findings

Results showed that HRD affects PS directly. HRC has a direct impact on PS; HRD has a direct impact on HRC, and thus, HRD also affects PS indirectly through HRC.

Originality/value

The study indicates that the development of a competent human resource for EPC project implementation plays a considerable role in EPC PS. The findings also give project professionals tools for improving HRD and HRC to increase the possibility of EPC PS.

Citation

Nguyen, H.T. and Hadikusumo, B.H.W. (2018), "Human resource related factors and engineering, procurement, and construction (EPC) project success", Journal of Financial Management of Property and Construction, Vol. 23 No. 1, pp. 24-39. https://doi.org/10.1108/JFMPC-05-2016-0023