The recent fall in oil prices has led to extensive capital rationing, and thereby given rise to a renewed focus on parameters for project selection which supplement net present value. While the financial crisis was creating capital constraints, the oil industry seemed to be paying great...

Partnering can lead to construction projects being delivered quickly, efficiently and costeffectively. Indeed, research has shown that partnering arrangements can reduce constructiontime and standardisation can lead to efficiency on site. This is achieved by partnering a dedicatedteam of...