Economics and Finance

In this work, a structured methodology and a vector-based process indicator are developed to evaluate value creation within production processes on construction sites. For empirical evaluation, Hendrik Jonitz conducts extensive field experiments on two different construction sites as well as within a precast concrete plant. In this context, positional data for materials and personnel, as well as operational data from construction cranes, are used for the value creation analysis of 64 precast assembly processes and 54 intralogistics processes. The results form a comprehensive knowledge base on value creation in the context of production processes on construction sites and thus provide practical and research-relevant starting points for the optimization of these processes.