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Collaboration is acknowledged as a key to continued growth in the Australian construction industry. Government, as a … competitiveness of the industry. The paper draws upon data collected for the Construction 2020 study and aims to demonstrate that …
Persistent link: https://www.econbiz.de/10009438354
The building and construction sector is one of the five largest contributors to the Australian economy and is a key … within the building and construction sector. It traces the emergence of the Construction Innovation Project in Australia as a … hybrid institutional arrangement moulding public, private and academic stakeholders of the building and construction industry …
Persistent link: https://www.econbiz.de/10009438392
average construction costs for two building types in two groups of EU countries, one using the euro, the other using their … the coefficient of variation. The results show little evidence of price convergence for non-residential construction for …. The results raise the question of why construction prices in the EU appear to be resistant to convergence even in the …
Persistent link: https://www.econbiz.de/10009441585
construction industry, especially in projects implemented in the developing world. Planning techniques used in developing countries … to major construction projects by practitioners with different levels of expertise. This tool incorporates learning from …
Persistent link: https://www.econbiz.de/10009460822
revenues. P3 broaden the private sector?s participation beyond the design and construction phases to include the assumption of … construction and the type of risk involved within it. The PEST framework illustrates the distribution of risk by project types …, phases of construction and risk dependencies. It gives greater ability to monitor and control common type of identified and …
Persistent link: https://www.econbiz.de/10009460844
Neo-classical microeconomic theory has been suggested to offer (1) an appropriate analytical tool for construction … price determination while, at the same time, (2) full-cost pricing is most commonly accepted pricing policy of construction …
Persistent link: https://www.econbiz.de/10009483258
Typical measures of goodness of construction price forecasts are the mean and standard deviation, coefficient of … explores the use of a postal questionnaire survey to elicit construction industry client disutilities. The results of the first … asymmetric and Schools and Industrial being less asymmetric. The work to date indicates that, for construction price forecasting …
Persistent link: https://www.econbiz.de/10009483260
Purpose: To provide recommendations for construction clients who design and implement financial incentive mechanisms …, clients are increasingly using FIM in their construction contracts. Despite the rising use of financial incentives, there is a … lack of comprehensive construction-specific knowledge available to help clients maximize outcomes. The study addresses this …
Persistent link: https://www.econbiz.de/10009483359
Construction industry observers tout the use of financial incentives as promoters of motivation and commitment on … construction projects? The reasons that construction project participants are motivated to pursue voluntary incentive goals are … equitable contract conditions in promoting the effectiveness of financial incentives. In the context of a construction project …
Persistent link: https://www.econbiz.de/10009483360
Chang seems to suggest that developing closer relations between Transaction Cost Economics (TCE) and the Resource-Based View (RBV) is not yet needed. However, we are unmoved in our belief that this development is compelling and remain committed to our approach to pluralism. We disagree with...
Persistent link: https://www.econbiz.de/10009483452