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Research on Cost impact Factor Rating of Assembly Building Based on Structural Equation Modeling

In: Proceedings of the 2025 Seminar on Modern Property Management Talent Training Enabling New Productive Forces (MPMTT 2025)

Author

Listed:
  • Mengke Hou

    (Kunming University of Science and Technology Oxbridge College, Yunnan college of Business Management)

  • Peng Liu

    (Kunming University of Science and Technology Oxbridge College, Yunnan college of Business Management)

Abstract

At present, there are few studies on the cost difference between prefabricated buildings and traditional cast-in-place buildings. In this paper, firstly, from the perspective of general contractor, combined with the four phases of design, production, transportation, installation and construction in EPC mode, 25 specific influencing factors in five dimensions of design, production, transportation, installation and construction and others are identified by using literature analysis method and expert interview method. Secondly, on the basis of the list of cost influencing factors of assembled buildings, a questionnaire survey on “cost influencing factors of assembled buildings under EPC mode” was conducted to put forward research hypotheses and construct a structural equation model of the influencing factors of assembled buildings, to verify the positive influence of influencing factors on costs through the study of path coefficients, and calculate the weights of influencing factors’ degree of influence. The weights of the influencing factors are calculated. It is found that the influence degree of the assembly building cost influencing factors on the cost, in descending order, is as follows: design factors, other factors, installation and construction factors, transportation factors, and production factors.

Suggested Citation

  • Mengke Hou & Peng Liu, 2025. "Research on Cost impact Factor Rating of Assembly Building Based on Structural Equation Modeling," Advances in Economics, Business and Management Research, in: Xiaoying Deng & Maimunah Sapri & Muhammad Najib Mohamed Razali & Noorsidi Aizuddin Bin Mat Noor (ed.), Proceedings of the 2025 Seminar on Modern Property Management Talent Training Enabling New Productive Forces (MPMTT 2025), pages 262-279, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-778-6_33
    DOI: 10.2991/978-94-6463-778-6_33
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