Economic Factors Influencing the Adoption Of Modularity Methodology in The Built Environment
Keywords:
Modularity Methodology, Investment, Cost Efficiency, Time savingsAbstract
In the built environment, modularity methodology has become a viable substitute for traditional building techniques, with possible cost, efficiency, and sustainability advantages. The varying degrees to which modular building techniques are widely adopted across different locations and industries indicate the existence of economic considerations that impact decision-making processes. This study aims to understand better the many economic factors influencing the built environment's adoption of modularity methodology. The study employed a quantitative survey approach using a questionnaire to gather data from architects, civil engineers, quantity surveyors, mechanical and electrical engineers, construction managers, and project managers. The data were examined using SPSS, and inferential statistics and the appropriate measure of dispersion were applied. The research findings will aid in developing a thorough grasp of the economic factors influencing the use of modular construction, educating decision-makers in government, business, and investment, as well as developers about the advantages and disadvantages of doing so. Ultimately, the results will support sustainable economic development and innovation in the construction sector by facilitating the creation of evidence-based strategies and interventions to encourage a broader acceptance and integration of modular construction solutions in the built environment
Downloads
Published
Conference Proceedings Volume
Section
License
Copyright (c) 2024 University of New Brunswick
![Creative Commons License](http://i.creativecommons.org/l/by/4.0/88x31.png)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors/employers retain all proprietary rights in any process, procedure or article of manufacture described in the Work. Authors/employers may reproduce or authorize others to reproduce the Work, material extracted verbatim from the Work, or derivative works for the author’s personal use or for company use, provided that the source is indicated.