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.
| Measures | Fit index | Description | Range | Recommend level | Model index | Source |
| Absolute fit measures | X2/df | Check whether the covariance structure of the model is adequately the same as the covariance matrix of the observed data | >0 | 1-2 | 1.786 | [95] | GFI | Check overall fit of the model; percent of the covariance of the observed data can be explained by the covariance of the model | 0-1 | >0.95 | 0.971 | [96] | RMSEA | Check the mean value of the covariance residual | >0 | <0.05 | 0.034 | [97] |
| Incremental fit measures | CFI | Examine whether the model fits the observed data better than the independent model that has no relationships among variables | 0-1 | >0.9 | 0.939 | [98] | NFI | Explore the improvement of the overall fit of the model to independent model | 0-1 | >0.8 | 0.889 | [99] |
| Parsimonious fit measures | PGFI | Examine the overall parsimony of the model | 0-1 | >0.7 | 0.895 | [100] |
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