Purpose The construction industry has been subject to substantial criticism for its short-term “hit-and-run” relationships which are focussed on win-lose situations. Despite the wide recognition of these problems the industry persistently resists the radical demanded of it. Therefore, the...

Purpose The purpose of this study was to determine the transaction cost (TC) contractors incur when tendering for a project as well as establish a correlation between the TC of tender and tender amount of projects procured through the national competitive bidding procurement method....

Engineering construction has specific characteristics that separate it from other types of construction such as technical complexity, onerous safety, health and environmental regulations, duality of new build combined with maintenance and repair, largely owner/user commissioning clients, value...

Target costing is an effective management technique that has been used in manufacturing for decades to achieve cost predictability during new product development. Adoption of this technique promises benefits for the construction industry as it struggles to raise the number of successful outcomes...

Evaluating to what extent a component or building system should be produced off-site is inadequate within the industry. The potential benefits of off-site production (OSP) are commonly cited when justifying an OSP approach, yet holistic and methodical assessments of the applicability and overall...

Purpose – The purpose of this paper is to investigate the common perspective of value for lean construction (LC) researchers and practitioners. Thus, this paper aims to generate a future discussion in the construction sector about the huge impact of construction projects over the entire...