Xiao, H and Proverbs, D (2002) The performance of contractors in Japan, the UK and the USA: A comparative evaluation of construction cost. Construction Management and Economics, 20(5), pp. 425-435. ISSN 01446193
Abstract
Globalization of the world economy demands that performance comparisons are undertaken at an international level. A new research protocol has been developed for comparing contractor performance internationally by combining the appropriate characteristics of two established approaches in order to balance the requirements of comparability and representativeness. This new approach is used to reveal some important international performance characteristics among Japanese, UK and US contractors. Building costs in the UK, when adjusted for exchange rate fluctuations, are significantly higher than those in Japan and the USA. Furthermore, cost certainty and client satisfaction are higher in Japan than in the UK, but there is no significant difference between Japan and the USA. Disparities in cost performance between the three countries are believed to originate from differences in the relationships between contractors and clients and also in the construction process.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | analysis of variance; construction cost; contractor performance |
| Index terms: | construction cost, contractor performance, Japan, construction process, variance, client satisfaction, disparity, globalization, cost performance |
| Subjects: | financial and cost management, client relations, social justice, building construction, measurement and scaling, economics, contract management, Geography, economic factors |
| Topics: | Site Management, Stakeholder Management, Ethics, Research Practice, International Construction, Contract Administration, Cost Management, Geographical Context |
| Descriptive scope: | 3 PCA |
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