Table 2. Benefits of implementing modern... | Emerald Publishing

Table 2.

Benefits of implementing modern technology

Parameter	X–	SD	KRT	SKN	RII (%)	(α)
Measurement accuracy and efficiency	4.54	0.54	−0.93	−0.54	91	0.86
Cost estimation	4.52	0.58	−0.45	−0.71	90
Risk management	4.08	0.84	0.93	−0.98	82
Cost control and management	4.04	0.84	0.14	−0.70	81
Contractual claims	3.87	0.91	−0.34	−0.54	77
Contract administration	3.73	0.93	−0.66	−0.33	75
Procurement	3.67	0.88	−0.58	−0.19	73
Contract drafting	3.37	1.01	−0.97	0.26	67

Parameter	X–	SD	KRT	SKN	RII (%)	(α)
Measurement accuracy and efficiency	4.54	0.54	−0.93	−0.54	91	0.86
Cost estimation	4.52	0.58	−0.45	−0.71	90
Risk management	4.08	0.84	0.93	−0.98	82
Cost control and management	4.04	0.84	0.14	−0.70	81
Contractual claims	3.87	0.91	−0.34	−0.54	77
Contract administration	3.73	0.93	−0.66	−0.33	75
Procurement	3.67	0.88	−0.58	−0.19	73
Contract drafting	3.37	1.01	−0.97	0.26	67

Note(s):

(X¯) = Mean, SD (σ) = Standard deviation, KRT = Kurtosis, SKN = Skewness, RII = Relative importance index, (α) = Cronbach′s Alpha

Source(s): Authors’ own work