BUSN20019 Project Plan: Financial Performance of Construction Sector

This project plan investigates the financial and economic performance of the public and private sectors within the Australian construction industry, utilizing secondary data from the Australian Bureau of Statistics for the period of 2011-2012. The research aims to evaluate whether the financial performance data reflects the goals of construction activities, focusing on variables such as financial performance data and construction activity. It references articles emphasizing the importance of consistent financial analysis and checkpoints to prevent misuse of funds. The plan includes relevant search terms and references, highlighting the need for financial surveys in the economy and the critical success factors for public-private partnerships.

Running head: PROJECT PLAN
Project plan
Name
Course
Unit
Date

PROJECT PLAN 2
Field of research
The financial and economic performance of public and private sectors that take part in the
construction industry have been varying for a number of years now. However, it is important to
account for the millions of money that are pumped to these particular economic sectors.
Research on the financial performance of both public and private sector provide accountability
point for all the cash spent in each and every financial year.
Secondary data.
The information concerning the economic and financial performance of the construction
industry for the period of 2011 to 2012 is freely available on
http://www.abs.gov.au/ausstats/abs@.nsf/0/02C980C509048EACCA2568A9001393D0?
Opendocument . The are several pdf downloads available in the site that have analyzed the
performance, however, the figures are estimates and may change from time to time. All the data
is provided by the Australian Bureau of Statistics and it shows all the expenses incurred during
the construction.
Research question.
The objective of this survey makes use of the figures on the site in order to elaborate
efficiently on matters concerning with the financial performance and all the engagement the
companies committed during the act of construction.
Research question: Does the financial performance data of the businesses reflect the goal of the
construction activity?

PROJECT PLAN 3
Variables: financial performance data and construction activity.
Search terms: private sector construction industry in Australia, Australian Bureau of Statistics,
Building, and construction.
Articles and references
Hampson et al. (2014) says that, there should consistent financial analysis in for both
public and private sector. National finance is very sensitive, citizens and donors pump a lot of
money for various activities to develop various sectors of the economy (Liu, Wang & Wilkinson
2016). However, if there is no checkpoint on how the funds are directed there can be room for
the misuse of all the funds, hence financial survey is an important factor in the economy in
accordance to Osei-Kyei & Chan (2015).

PROJECT PLAN 4
References
Australian Bureau of Statistics data 2011-2012 available on:
<http://www.abs.gov.au/ausstats/abs@.nsf/0/02C980C509048EACCA2568A9001393D0?
Opendocument>
Hampson, K., Kraatz, J. A., & Sanchez, A. X. (2014). The global construction industry and
R&D. In R&D Investment and Impact in the Global Construction Industry (pp. 42-61).
Routledge.
Liu, T., Wang, Y., & Wilkinson, S. (2016). Identifying critical factors affecting the effectiveness
and efficiency of tendering processes in Public–Private Partnerships (PPPs): A
comparative analysis of Australia and China. International Journal of Project
Management, 34(4), 701-716.
Osei-Kyei, R., & Chan, A. P. (2015). Review of studies on the Critical Success Factors for
Public–Private Partnership (PPP) projects from 1990 to 2013. International Journal of
Project Management, 33(6), 1335-1346.