Ye, K; Jiang, W and Shen, L (2008) Project competition intensity (PCI) in the construction market: A case study in China. Construction Management and Economics, 26(5), pp. 463-470. ISSN 01446193
Abstract
In economic terminology, 'competition intensity' can be used to mirror to a certain degree the status of industrial competition in a specific market, while in the construction market, it particularly involves the part of project competition intensity (PCI). Based on a road project in China, two forms of PCI, overt and covert, are identified in this study. To lower project construction cost thus enabling better project tendering performance, clients can facilitate higher levels of overt PCI by tailoring their tendering procedures, whereas, through covert PCI project competitors can adopt anti-competitive behaviours to attain the expected works. The difference between overt PCI and covert PCI indicates various practitioners' perspectives and impact on the levels of competition intensity in construction. The findings suggest a way to promote PCI studies in the future, and offer new insights into other parts of competition intensity in construction.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | attributes; case study; China; competition; project complexity index; road |
| Index terms: | project complexity, China, practitioner, competition, construction market, road project, construction cost, case study |
| Subjects: | data collection methods, practitioner, financial and cost management, Geography, organizational theory, infrastructure engineering, market analysis |
| Topics: | Engineering Principles, Project Management, Geographical Context, Research Practice, Cost Management, Roles and Professions |
| Descriptive scope: | 3 PCE |
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