Abstracts – Browse Results
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Abdelkhalek, S I (2022) Managing the inspection process of concrete bridge decks, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Aoieong, R T (2004) Capturing quality costs of construction processes using the construction process cost model (CPCM), Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Au, C Y M (2013) An optimal contract strategy in managing extension of time provisions in building contracts, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Bao, Q (2003) Effective energy management during a building's life cycle, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, H L J (2011) Developing a fuzzy risk assessment model for target cost and guaranteed maximum price contracts in the construction industry of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
- Type: Thesis
- Keywords: target cost; value for money; construction project; documentation; risk assessment; risk identification; stakeholder; Australia; Europe; Hong Kong; United States; factor analysis; interview; questionnaire survey
- ISBN/ISSN:
- URL: https://www.proquest.com/docview/929273580
- Abstract:
Target Cost Contracts (TCC) and Guaranteed Maximum Price (GMP) schemes have been practised worldwide over the past few decades to achieve better value for money and more favourable project outcomes. However, a comprehensive review of previous works on TCC/GMP in Europe, the United States, Australia and Asia has indicated that there is a limited amount of empirical research focusing on the TCC/GMP procurement approach, particularly on risk issues in the Hong Kong context. This research aims to identify, assess and allocate the key risk factors associated with TCC/GMP schemes, and to evaluate the effectiveness of various risk mitigation measures. Based on a comprehensive literature review and a series of structured face-to-face interviews, an empirical questionnaire survey was then undertaken to solicit the opinions of relevant practitioners on risk identification and assessment, their preference for the allocation of 34 risk factors and the effectiveness of 18 recommended risk mitigation measures. The key risk factors of TCC/GMP were identified, whilst the preference of risk allocation and the effective risk mitigation of projects procured in these procurement strategies were also explored in the questionnaire survey. A Fuzzy Risk Assessment Model for TCC/GMP construction projects has also been developed using factor analysis and fuzzy synthetic evaluation method, based on the results of the questionnaire survey. The most important 17 Principal Risk Factors after the calculation of normalised values were selected. Five Principal Risk Groups (PRGs) were then generated by factor analysis. It is found that "design documentation risks" is the major hurdle to the success of TCC/GMP projects in Hong Kong. The model was then validated by seven experts of TCC/GMP in Hong Kong and was confirmed as being reliable and adequate for use. More importantly, an Overall Risk Index associated with TCC/GMP construction projects and the risk indices of individual PRGs can be generated from the model for reference by stakeholders. An objective and reliable assessment can be achieved. The model has provided a solid platform to measure, evaluate and reduce the risk levels of TCC/GMP projects based on objective evidence instead of subjective judgments.
Chan, K C G (2012) The use of virtual reality for visualizing construction safety management process, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, K Y (2012) Optimizing construction planning and scheduling by virtual prototyping enabled resource analysis, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, P L (2004) Critical success factors for delivering healthcare projects in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Chan, T S A (2005) The impact of subordinates' professionalism on leadership effectiveness in the construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, W T P (2009) Construction industry development and government policy, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Chan, Y M T (2008) The role of finance in competitiveness of indigenous contractors in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chen, Z (2003) An integrated analytical approach to environmental management in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Dai, F (2010) Applied photogrammetry for 3D modeling, quantity surveying, and augmented reality in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
De Saram, D D (2002) Measuring the quality of contractors' co-ordination activities during the construction process, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Fiona, T S C (2009) A critical study on performance-based fire safety design in Hong Kong with timber perforated ceilings as an example, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Fu, W K (2004) The effect of experience in construction contract bidding, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Guo, H (2009) Rethinking construction project management using the VP-based manufacturing management model, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Hao, J L J (2002) Better use of information: A simulation model for international construction joint ventures in China, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Hong, J (2006) A study on analytic approaches to intelligent buildings assessment, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Huang, T (2009) Virtual prototyping technologies enhanced construction planning, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Jaillon, L C (2009) The evolution of the use of prefabrication techniques in Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Kam, C W (2000) Quality assurance of construction works in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Lam, W M (2005) A conceptual model of success for design and build projects in the public sector of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Lee, L P (2012) Do construction workers accept automated monitoring? A study on the acceptance level and its antecedents, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Leung, W Y (2006) A study of the competitiveness of local contractors in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liang, Y (2006) Integrated IT systems for construction site management, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Lin, G (2009) Measuring the performance of value management studies in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liu, G W (2003) A framework for implementing value management in China's construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liu, Y (2009) Critical factors for managing project communication among participants at the construction stage, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Lu, W (2006) A system for assessing and communicating contractors' competitiveness, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Luo, X (2011) A knowledge-based electronic meeting system for implementing value management in construction briefing, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Ochoa Paniagua, J J (2011) Production planning approach for implementing sustainable building projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Oo, B L (2007) Modelling individual contractors' bidding decisions in different competitive environments, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Pan, Y H (2007) Application of industrialized housing system in major cities in China: A case study of Chongqing, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tan, Y (2009) Contractor's competitiveness and competitive strategy in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tang, L (2011) Effective and efficient briefing in public private partnership projects in the construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tse, T-c (2009) The interoperability of building information models and document models in the Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Wang, S Q (1995) A methodology for comparing the productivities of the ready mixed concrete industries in major cities, Unpublished PhD Thesis, Department of Civil and Structural Engineering, Hong Kong Polytechnic University.
Wong, K W J (2007) Development of selection evaluation and system intelligence analytic models for the intelligent building control systems, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Wong, M W J (2006) Forecasting manpower demand in the construction industry of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Wong, W H (2007) Developing and implementing an empirical system for scoring buildability of designs in the Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Xia, B (2010) The selection of design-build operational variations in the people's republic of China using Delphi method and fuzzy set theory, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yang, C (2004) Knowledge-based understanding and interpretation of construction engineering drawings, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yang, J (2010) A framework for stakeholder management in construction projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yao, H (2009) A dynamic approach for evaluating the sustainability performance of infrastructure projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Ye, K (2009) Modelling competition intensity in construction market, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Yip, R C P (2009) The cultural shift of the construction industry of Hong Kong under the influence of sustainable development, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yuan, H (2011) A dynamic model for assessing the effectiveness of construction and demolition waste management, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Zhang, X (2010) Competitiveness for real estate developers: a China study, Unpublished PhD Thesis, Department of Building and Real Estate, Hong Kong Polytechnic University.