Viljoen, P S (1981) Incentive management techniques for pavement rehabilitation construction. PhD thesis, University of California, Berkeley, USA.
Abstract
The purpose of this study was to investigate incentive management techniques that will assist in the timely completion of pavement rehabilitation contracts. The modeling approach was used to investigate incentive management techniques. A questionnaire was sent out to 51 state transportation agencies in the United States, and interviews were conducted with California Department of Transportation Agency personnel and contractors. Forty-three of the states responded to the questionnaire. Using the results from the questinnaire, and information from published sources, a state-of-the-art study was performed on current incentive management techniques. Four models were then developed to explain the information obtained from the questionnaire and interviews. First, a cash flow model was developed to analyze what effect agency-controlled incentives have on markup, cash flow, and the profitability of a contractor on a rehabilitation contract. Incentives analyzed include: liquidated damages and bonus rates, retention and mobilization schedules, percentage of work subcontracted, and payment lag times. Second, a decision-tree model was developed to describe the decisions, made under conditions of uncertainty, which lead a contractor to complete a project early, on time, or late. Third, an adaptation model was developed which described a contractor's process of learning in response to an agency's policies about enforcing incentives and disincentives. This learning process is directly related to the contractor's decision whether or not to complete a project on time. Fourth, a traffic handling decision model was developed, based on multiattribute utility theory, which enables a design engineer to choose the best alternatives in a given pavement rehabilitation project. Finally, an illustrative case was developed to demonstrate the requirements, mechanics, and solution format of the multiattribute utility theory model. To illustrate the sensitivity of the model's scaling constants, and the certainty equivalents of the attributes of each alternative in the model, a sensitivity analysis was performed.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Uncontrolled Keywords: | personnel; uncertainty; multiattribute utility theory; utility theory; pavement; traffic; learning; liquidated damages; payment; rehabilitation; United States; interview |
| Index terms: | utility theory, liquidated damages, United States, cash flow, personnel, interview, sensitivity analysis, rehabilitation project, agency, state of the art, questionnaire, transportation agency, engineer, adaptation, retention, modelling, scaling, profitability |
| Subjects: | contractual remedy, Geography, financial management, management, environmental hazards, economic theory, transportation engineering, health conditions and diseases, sociology, research dissemination and communication, data collection methods, profession, user focus, organization, analytical methods, economic analysis |
| Topics: | Contract Administration, Design Practice, Human Resources, Roles and Professions, Sustainability, Health and Safety, Business Strategy, Cost Management, Engineering Principles, Research Practice, Geographical Context |
| 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