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The need to ‘reduce red tape’ and regulatory inconsistencies is a desirable outcome (OECD 1997) for developed countries. The cost normally associated with regulatory regimes are compliance costs and direct charges. Geiger and Hoffman (1998) have noted that the extent of regulation in an...
Persistent link: https://www.econbiz.de/10009438328
The CRC for Construction Innovation supports the Economic Development Plan, for Brisbane City Council. However a number of challenges exist that need to be addressed as they have the capacity to negatively impact upon the plan. These include: o The increased population growth in the local...
Persistent link: https://www.econbiz.de/10009438329
Government is a major client of infrastructure projects and can exert considerable influence on the industry sector through the government’s regulatory power and the sheer scale of procurement of public works currently underway in Australia at the moment. Government can also seek to satisfy a...
Persistent link: https://www.econbiz.de/10009437574
In an environment where economic, political and technological change is the rule, a fundamental business strategy should be the defence of traditional markets and thoughtful entry into new markets, with an aim to increase market penetration and stimulate profit. The success of such a strategy...
Persistent link: https://www.econbiz.de/10009437966
Non value-adding activities can be defined as activities that consume time, resources or space but do not add project value. This term is classified as waste in the language of Lean Production. Waste can significantly affect the business performance and productivity of contracting organisations....
Persistent link: https://www.econbiz.de/10009438327
Collaboration is acknowledged as a key to continued growth in the Australian construction industry. Government, as a major industry client, has an important role to play with respect to fostering collaboration and ensuring the global competitiveness of the industry. The paper draws upon data...
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 performance component in the economy of many other jurisdictions. However, the ongoing viability of this sector is increasingly reliant on its ability to foster and transfer...
Persistent link: https://www.econbiz.de/10009438392
Earlier research developed theoretically-based aggregate metrics for technology strategy and used them to analyze California bridge construction firms (Hampson, 1993). Determinants of firm performance, including trend in contract awards, market share and contract awards per employee, were used...
Persistent link: https://www.econbiz.de/10009438394
In response to the growing demands for innovation, networked arrangements that draw together and synthesize the knowledge resources of multiple organizations and sectors have come to the fore-front within the construction arena. Because they are based on a relational governance principal, these...
Persistent link: https://www.econbiz.de/10009483510
<title/> Procurement arrangements for public works are highly contextualized as jurisdictions adapt and respond to local issues and constraints. Policy-makers in Australia at all levels are focused on protecting public values when procuring public works. Public values are shown here to be consistent...
Persistent link: https://www.econbiz.de/10010974237