RESEARCH ON THE INFLUENCE OF CRITICAL SUCCESS FACTORS ON THE PERFORMANCE OF URBAN RENEWAL PROJECTS
Improving project performance is a common goal pursued by participants involved in urban renewal projects.Based on this,this study starts from the critical success factors to investigate how to improve the performance of urban renewal projects.Firstly,24 critical success factors are identified through cases and literature analysis,and divided into 6 dimensions:social and political environment,public participation,developer characteristics,project characteristics,project operational,coordination management.Secondly,12 project performance evaluation indicators are determined based on literature review and divided into 3 dimensions:project input,project process,project output.Finally,the structural equation model is used to discuss the relationship between critical success factors and project performance of urban renewal projects.The results show that:1)Social and political environment has a positive impact on urban renewal project performance through public participation.2)Social and political environment has a positive impact on urban renewal project performance through developer characteristics.3)Developer characteristics have a positive impact on urban renewal project performance through project characteristics.4)Developer characteristics have a positive impact on urban renewal project performance through project operational.5)Developer characteristics have a positive impact on urban renewal project performance through coordination management.The conclusions can provide certain references for the participants of urban renewal projects to carry out project management smoothly.
urban renewalcritical success factorsproject performancestructural equation model