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smart pls in real life

Posted: Tue Apr 19, 2016 4:44 pm
by daya89
After finishing my model, I was left with writing my model contributions. The model is about cost overrun in construction projects and the factors causing it (human resources, finance, project management, etc.), now how to imply it in real life is my question. Smart Pls is an important tool to estimate the causal relationship between factors and analyze the cause–effect relations between latent constructs. But I don’t seem to use it effectively. This is very important to me, so please try to explain and elaborate, as I don’t have that much of knowledge in statistics. Thanks a lot.
The model
http://store2.up-00.com/2016-04/146108239741791.png