Hanioglu, M N (2014) Influence of owner-organization impression and contract framing on construction contractors' risk perceptions. PhD thesis, Illinois Institute of Technology, USA.
Abstract
In a construction project, it is generally accepted that the contractor's perceived risk is the main factor in determining what is to be proposed as the project cost and duration. Both the owner-organization and the contractor are aware of the existing risks and the owner-organizations tend to mitigate the existing risks by using the construction contract. It is hypothesized that the contractor's initial impression of the owner-organization is a factor in the contractor's perception of risk. It is further hypothesized that the initial impression is influenced by the content and context of the construction bid documents, which further influences the perceived risk and the bid strategy. The goal is to investigate the factors that influence contractors' impression of the owner-organization and to study the effects of contract document language and content in the impression formation process and subsequent development of a bid strategy. By better understanding the factors and relationships that influence impression formation and risk perceptions, it is expected that substantial time, money and unnecessary contention between these parties can be eliminated.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Arditi, D |
| Uncontrolled Keywords: | duration; construction project; project cost; owner |
| Index terms: | construction contractor, documents, contract document, construction project, project cost, framing, risk perception, strategy, duration, construction contract, owner |
| Subjects: | production management, environmental hazards, contract type, practitioner, conceptual models, management, economics, contractual condition, professional development, project controls, sociology |
| Topics: | Procurement, Sustainability, Project Management, Stakeholder Management, Roles and Professions, Business Strategy, Cost Management, Research Practice, Information Management, Time Control, Contract Administration |
| Descriptive scope: | 2 PC |
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