Implementation of financial incentive mechanisms in the contractual arrangements of a construction project can impact significantly on the motivation of contractors and hence project performance. Positive incentives (as a component of the project delivery strategy) aim to motivate contractors to...

Accounts of the development of a successful construction project often stress the importance of team relationship, project environment and senior management commitment. Numbers of studies carried out in the past decades indicate there needs to be a change of culture and attitude in the...

This paper reports the findings of a survey undertaken with a government department in Queensland, Australia and it focuses on the perceptions of professional personnel. A mismatch is found in both the organisational structure and organisational culture developed in the department. The level of...

Trust is the principle foundation of partnering and relationship management. Successful partnering can only be achieved when a cooperative relationship is built between partners. In order to build either a long or short-term relationship, trust is a major component because of the increase in...

A framework is constructed that can be used to foster trust and build relationships in construction project organizations in China. The research method was based on in-depth study of two building projects in China and data were collected via face-to-face interviews. The results show that as the...

The Royal Institution of Chartered Surveyors (RICS) 5th European Conference in November 2004 focussed on enhancing collaboration at master's level in real estate education across Europe. In a context of increased global economic activity and increasing ties within the EU, there are benefits to...

Trust is an underlying psychological condition that can cause cooperation or risk-taking. Trust is considered as a predominant feature and a central mechanism in business transactions, especially among Chinese. Trust-based relationships create advantages in conducting business such as lowering...

Since the 1950s, economic theory has highlighted the ‘central importance of technological progress for maintaining long-term, continuous increases in real national income per head’ (Hall 2003, 498). Empirical work since that time has reinforced the importance of innovation to industry growth...

Clients need to be informed in advance of their likely future financial commitments and cost implications as the design evolves. This requires the estimation of building cost based on historic cost data that is updated by a forecasted Tender Price Index (TPI), with the reliability of the...

The case study of Lusoponte illustrates the concession awarded by the Portuguese Government to finance, design, build and operate two bridges over the Tagus in Lisbon, Portugal. It includes an overview of the project's background and an analysis of the main risk categories stating both the...