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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...
Persistent link: https://www.econbiz.de/10009437675
Motivation is a major driver of project performance. Despite team member ability to deliver successful project outcomes if they are not positively motivated to pursue joint project goals, then performance will be constrained. One approach to improving the motivation of project organizations is...
Persistent link: https://www.econbiz.de/10009437838
The use of appropriate financial incentives within construction projects can contribute to strong alignment of project stakeholder motivation with project goals. However, effective incentive system design can be a challenging task and takes skillful planning by client managers in the early...
Persistent link: https://www.econbiz.de/10009437867
Client-side project managers face challenges in motivating project organisations to pursue exceptional design and construction performance. One approach to improving the motivation of project organisations is by offering a financial incentive reward for the achievement of voluntary performance...
Persistent link: https://www.econbiz.de/10009437942
Purpose: The goal of this conceptual paper is to provide tools to help maximise the value delivered by infrastructure projects, by developing methods to increase adoption of innovative products during construction. Methods: The role of knowledge flows in determining innovation adoption rates is...
Persistent link: https://www.econbiz.de/10009437955
Purpose: To provide recommendations for construction clients who design and implement financial incentive mechanisms (FIMs) on projects. ---------- Methodology: Four large Australian building projects commissioned by government clients under managing contractor contracts and completed between...
Persistent link: https://www.econbiz.de/10009483359
Aligning the motivation of contractors and consultants to perform better than ?business-as-usual? (BAU) on a construction project is a complex undertaking and the costs of failure are high as misalignment can compromise project outcomes. Despite the potential benefits of effective alignment,...
Persistent link: https://www.econbiz.de/10009483558
Persistent link: https://www.econbiz.de/10003964666
Construction product innovation can exert a positive influence on project and industry performance. However, guidance is scarce on product innovation diffusion for road infrastructure, in contrast to the large body of literature on the manufacturing industry. A conceptual framework is proposed...
Persistent link: https://www.econbiz.de/10010952513
Persistent link: https://www.econbiz.de/10003802593