Tang, W; Qiang, M; Duffield, C F; Young, D M and Lu, Y (2008) Incentives in the Chinese construction industry. Journal of Construction Engineering and Management, 134(7), pp. 457-467. ISSN 0733-9364
Abstract
Incentives have been increasingly applied to align the objectives of participants in the delivery of construction projects. However, little research has been undertaken to systematically study the use of such incentives. This paper reports the findings of an empirical survey of the Chinese construction industry on: the need to apply incentives; frequency of the usage of incentives; how the incentive schemes are decided; and their effectiveness in application. The incentive schemes of the Three Gorges Project is also studied, from which an incentive matrix is presented that has measures tied not only to the final results but also extended to the whole construction process to facilitate providing early warnings, obtain continuous improvement, and ultimately achieve satisfactory project results for participants. It is recommended that future studies be encouraged to develop incentives according to project features such as project type, delivery system, project risk, and participants' needs and their experience, enabling incentives to be applied broadly by participants to improve the efficiency of project delivery.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | China; contracts; incentives; partnerships; risk management |
| Index terms: | construction process, construction project, China, survey, early warning, effectiveness, risk management, construction industry, project delivery, future study, efficiency, continuous improvement, partnership |
| Subjects: | Geography, production management, financial risk, performance measurement, performance management, industry analysis, partnership management, building construction, risk assessment, data collection methods, research design and methodology, project delivery |
| Topics: | Site Management, Quality Management, Procurement, Risk Management, Stakeholder Management, Research Practice, Project Management, Geographical Context, Cost Management |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here