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Motawa, I and Kaka, A (2008) Payment mechanisms for integrated teams in construction. Construction Economics and Building, 8(02), 1-10.

  • Type: Journal Article
  • Keywords: Integrate dteams; payment mechanism; construction; cash flow
  • ISBN/ISSN: 1445-2634
  • URL: https://doi.org/10.5130/AJCEB.v8i2.3001
  • Abstract:
    The overwhelming consensus for process and team integration has emerged as an enabler to manage construction projects. The performance of integrated teams is highly affected by the adopted payment mechanism. However, the payment mechanisms available for a project may need the team to compromise in order to agree on a fair mechanism for as many members as possible. This paper introduces a methodology to simulate the profiles of alternative payment mechanisms. The methodology aims to help project teams define the most appropriate mechanism for each member. The proposed methodology is therefore novel and superior to existing cash flow models where the focus has been limited to main contractors only. To promote its use as a performance enabling mechanism, the methodology utilizes “the project process map”, “the stakeholders &supply chain”, “the pricing method” and “the payment mechanism”. This will act as an aid to design or “fine-tune” payment mechanisms to individual projects characteristics considering payment for off-site materials and components, which always concerns project fabricators and supply chain.

Nani, G, Edwards, P, Adjei-Kumi, T, Badu, E and Amoah, P (2008) Customisation and desirable characteristics of a standard method of measurement for building works in Ghana. Construction Economics and Building, 8(02), 30-40.

Ng, T, Palaneeswaran, E and Kumaraswamy, M (2008) Costs and benefits of ISO9000-based quality management systems to construction contractors. Construction Economics and Building, 8(02), 23-29.

Shakantu, W, Muya, M, Tookey, J and Bowen, P (2008) Evaluating truck empty running in construction: a case study from Cape Town, South Africa. Construction Economics and Building, 8(02), 41-49.

Sundqvist, J (2008) From focus on price to the pyramid of innovation, information, cooperation, value and trust: a success story of five Swedish building material manufacturers. Construction Economics and Building, 8(02), 11-2.

Wasif, I, Josephson, P-E and Styhre, A (2008) Individual learning in construction projects: professions and their approaches. Construction Economics and Building, 8(02), 50-60.