A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to construction contract tendering. Most of this, however, contains assumptions – such as perfect information – that are unlikely to be tenable in practice. The aim, therefore,...

Both the increasing private participation in public projects and the critical importance of appropriate risk allocation to the success of Public-private partnership (PPP) projects justify specific research on how to establish effective risk allocation strategies in PPP projects. Partner’s risk...

This exploratory paper examines the drivers and obstacles to construction innovation. It is based on a large-scale survey of nearly 400 businesses in the Australian construction industry conducted in 2004, and twelve in-depth case studies of innovation on Australian construction projects between...

To operate successfully, a commercial organisation must satisfy the ever-changing demands of its clients, its owners, its employees and society as a whole. To do this, it must have a good understanding of its persona as perceived by its own members and the entities it deals with. This persona,...

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 firms. Paradoxically, however, both are mutually...

James? Storey Enclosure Method (JSEM), developed in 1954, is considered by many to be the most sophisticated single-rate method ever devised for early-design-stage tender price forecasts. However, the method is seldom used in practice partly because it has been superseded by multi-rate methods...

This paper presents the results of a pilot survey aimed at ascertaining the level of project management maturity in Indonesian companies. Kerzner?s Level 2 assessment tool was used, which basically assesses maturity levels throughout the various phases of an organization?s project management...

Information technology (IT) project managers face a multitude of stressors in their workplaces. This has implications not only for the individual practitioners but also for their employers and society. Exactly what stressors are faced by IT project managers and how they cope with them has...

The role of client leadership in improving construction industry performance by increasing the rate and quality of innovation activity has been receiving increasing attention globally over the past decade. There has however been less attention given to the capability of clients to effectively...

A survey of 335 businesses in the Australian road industry has been carried out to ascertain those factors that make firms innovate. 'Innovative' is measured by adoption rates of advanced technologies and practices, and the range of innovation drivers reviewed encompasses business strategy and...