Research Article

New Zealand Building Project Cost and Its Influential Factors: A Structural Equation Modelling Approach

Table 4

Model fit indices of the proposed model.

MeasuresFit indexDescriptionRangeRecommend levelModel indexSource

Absolute fit measuresX2/dfCheck whether the covariance structure of the model is adequately the same as the covariance matrix of the observed data>01-21.786[95]
GFICheck overall fit of the model; percent of the covariance of the observed data can be explained by the covariance of the model0-1>0.950.971[96]
RMSEACheck the mean value of the covariance residual>0<0.050.034[97]

Incremental fit measuresCFIExamine whether the model fits the observed data better than the independent model that has no relationships among variables0-1>0.90.939[98]
NFIExplore the improvement of the overall fit of the model to independent model0-1>0.80.889[99]

Parsimonious fit measuresPGFIExamine the overall parsimony of the model0-1>0.70.895[100]