Aboushiwa, M A A (2000) Promoter briefing on the procurement and selection of contract strategy offering the best value for money. PhD thesis, University of Manchester, UK.
Abstract
The complexity of projects and the rapid expansion in construction activities imposes high demands on resources, creating an environment that invites more risks and uncertainties to be borne by the construction industry. The construction industry worldwide is frequently confrontational and conflict prone, consequently, many projects suffer time and cost overruns and fail to deliver the promised performance. The new demands of the industry need a clear understanding and analysis of project risk factors which can be translated into innovative contract procurement strategies capable of delivering project success. This requires a better structured and coherent contract strategy decision making process which can be tailored to suit the objectives of particular projects. In this research the author has analyzed the impact of contract strategy on project success and proposed improvements to current practice. In particular he has developed a matrix based rating system which facilitates the selection of the optimal contract strategy for any particular project. The decision making process using the rating system enables the client and his project manager to select the optimal contract strategy for their project. As a result, risk is reduced at the most critical time in the project. The rating system combines qualitative and quantitative data in a mechanism which is highly visible to both parties so that trust is engendered in the matrix and the solution which it produces. It also provides continuing support to decision making during the course of the project as unexpected events arise. This enables both parties mutually to refine the contract strategy and to develop future options that suit the prevailing circumstances. A computer software program (CASPAR) was employed by the author to check the consistency of the rating system/model. The results indicated that the rating system should produce consistent outputs for decision support.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Bower, D |
| Uncontrolled Keywords: | best value; briefing; client; complexity; construction activities; contract strategy; decision making; decision support; project manager; project success; trust; value for money |
| Index terms: | briefing, value-for-money, promoter, complexity, program, contract strategy, decision-making, project risk factor, decision support, construction industry, option, best value, cost overrun, construction activity, decision-making process, procurement strategy, project success, project manager |
| Subjects: | evaluation, project risk, scope management, bidding, contractual arrangements, construction operations, software systems, project management theory and practice, decision analysis, sociology, industry analysis, systems engineering, profession, financial and cost management |
| Topics: | Roles and Professions, Stakeholder Management, Cost Management, Research Practice, Site Management, Digital Applications, Risk Management, Procurement, Project Management, Engineering Principles, Value Management |
| Descriptive scope: | 3 PCT |
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