The objective of this study is to identify factors affecting the performance of the construction investment project management in Vietnam. The author conducted a survey at 458 small and medium sized enterprises in Hanoi, Da Nang and Ho Chi Minh City. | Determinants of the construction investment project management performance Evidence at Vietnam small and medium sized enterprises Journal of Project Management 5 2020 Contents lists available at GrowingScience Journal of Project Management homepage Determinants of the construction investment project management perfor- mance Evidence at Vietnam small and medium sized enterprises Vu Ngoc Xuana a Centre for Forecasting and Sustainable Development National Economics University Hanoi Vietnam CHRONICLE ABSTRACT Article history The objective of this study is to identify factors affecting the performance of the construction Received April 8 2020 investment project management in Vietnam. The author conducted a survey at 458 small and Received in revised format May medium sized enterprises in Hanoi Da Nang and Ho Chi Minh City. The author used SPSS 4 2020 software for analysis some analytical methods were used such as descriptive statistical meth- Accepted May 22 2020 Available online ods Evaluate the reliability of Cronbach s Alpha reliability coefficient and Exploratory Factor May 22 2020 Analysis EFA method. We calculated the average value of the scale to assess the influence of Keywords independent factors on the dependent variable. Multivariate regression analysis method was also Enterprise Es used to test the suitability of the research model. The research results indicate that the effective- Small and Medium sized Enter- ness of construction investment project management in Vietnamese enterprises was affected by prise SMES factors including 1 Consultants 2 Investor 3 Contractors 4 Capital sources 5 External Project Management PM factors and 6 Advantages in the implementation process of construction investment projects. Moreover two factors the advantages in the project implementation process and the external factors had the most effects on the effectiveness of construction investment project management of small and medium enterprises in .