A Study of Key Components and Factors Affecting Human Capital Development of Employees Involving Construction Projects: The Case of Royal Irrigation Department

human capital; knowledge; skill; ability, water infrastructure

Abstract

Knowledge, skills, and ability of employees, also known as human capital, is currently considered as one of the organization's important assets. The Royal Irrigation Department, as an organization responsible for the country's water infrastructure, is having a development strategy for employees for better working efficiency. However, in order to maximize the benefit of the budget for employee development, the Royal Irrigation Department itself should be aware of human capital development and retainment. As a consequence, we conducted a study of the significant components of knowledge, skills, ability, and important factors of human capital development and retainment of Royal Irrigation Department's employees who have been trained. We used the relative importance index (RII) for ranking purpose in each essential of human capital development in the aspect of knowledge, skills, and ability for each working level. In conclusion, engineering knowledge, communication skills, problem-solving ability by using engineer knowledge, have the most effect, and the difference of human capital development and retainment depends on working level.